Roy Moore Joins Data Return's Board Of Directors; Technology Industry Veteran Brings Management Expertise to Data Return.Business Editors/High-Tech Writers
DALLAS--(BUSINESS WIRE)--Aug. 20, 2001
Data Return Corporation (NASDAQ NASDAQ
in full National Association of Securities Dealers Automated Quotations
U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : DRTN), a leading global provider of managed hosting services, today announced that Roy Moore For the baseball player, see .
Roy Moore is a controversial American jurist and politician noted for his refusal, as the elected Chief Justice of the Supreme Court of Alabama, to remove a monument of the Ten Commandments from the courthouse despite orders from a federal court has joined its Board of Directors.
From 1990 to 1997, Moore was vice president, marketing and sales at FWT FWT Fast Wavelet Transform
FWT French Winter Time
FWT Federal Withholding Tax
FWT Fixed Wireless Telephone
FWT Fair Wear & Tear
FWT Final Withholding Tax
FWT Focused Wave Technology
FWT Familial Wilms Tumor
FWT Full Ward Test , a provider of outside plant infrastructure products to the wireless industry. During his seven year tenure, he grew sales from $13 million to $72.5 million, and EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become from $300,000 to $17.5 million. In 1997, Moore became CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of FWT and engineered the sale of the Company for $145 million to Baker Capital Corporation, at which time he left to pursue private ventures. In 1999, Moore returned to FWT as CEO where he successfully returned the company to profitability.
"Data Return is the leader in delivering high availability Also called "RAS" (reliability, availability, serviceability) or "fault resilient," it refers to a multiprocessing system that can quickly recover from a failure. There may be a minute or two of downtime while one system switches over to another, but processing will continue. managed hosting services on the Microsoft platform," said Moore. "I am confident that Data Return will continue to lead the market with its vision, and I am looking forward to working with Sunny and the rest of the team."
Prior to joining FWT, Moore was a sales strategy and mergers and acquisitions consultant with the MAC Group, a general-management consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a now known as Gemini Consulting. During this time, Moore engaged in significant assignments with Apple Computer, AT&T, Bell Atlantic, France Telecom, and Southwestern Bell
Southwestern Bell Telephone, L.P. .
"Roy has proven himself to be a leader in guiding the business strategy for technology industry success stories," said Sunny C. Vanderbeck, Data Return's chairman and CEO. "I am looking forward to working with Roy as we continue to fine-tune our business plan to ensure we provide a higher standard of managed hosting for our customers."
Moore is currently CEO and Chairman of America Connect, a start-up backhaul services provider to wireless carriers.
About Data Return
Recognized as the Microsoft Windows 2000 Global Hosting Partner of the Year 2000, Data Return specializes in providing high-availability managed hosting services for companies whose applications are based on Microsoft technologies. These services are utilized by many leading enterprises including Microsoft, Compaq Computer Corporation (company) Compaq Computer Corporation - The largest US manufacturer and vendor of IBM PC compatible personal computers and servers. Compaq was started in 1982 by three ex-Texas Instruments employees.
Quarterly sales $2499M, profits $210M (Aug 1994).
http://compaq.com/. , RadioShack.com, Texas Instruments, H&R Block and The World Bank. Data Return also provides managed infrastructure services for the rapidly growing market of Application Service Providers (ASPs). Data Return strategic investors and Global Alliance Partners include Microsoft, Compaq Computer Corporation and Level 3 Communications
Level 3 Communications NASDAQ: LVLT is a communications and information services company headquartered in Broomfield, Colorado, USA. . For more information, visit www.datareturn.com.
This press release contains forward-looking information. Statements made in this press release that state Data Return's or management's intentions, plans, beliefs, expectations or predictions of "future events" are forward-looking statements. Actual results may differ materially due to a number of risks, including changes in external competitive market factors, changes in or an inability to execute Data Return's business strategy, unanticipated changes in the hosting industry, the economy in general and changes in the use of the Internet. Data Return cannot guarantee future results, levels of activity, performance or achievements. The matters discussed in this press release also involve risks and uncertainties summarized under the heading "Risk Factors" in Data Return's Quarterly Report on Form 10-Q Form 10-Q
See 10-Q. for the Quarter Ended June 30, 2001 and are updated from time to time through the filing of reports and registration statements with the Securities and Exchange Commission. The forward-looking statements contained herein represent the judgment of Data Return as of the date of this release, and Data Return disclaims any intent or obligation to update or revise such forward-looking statements to reflect any change in Data Return's expectations with regard thereto or any change in events, conditions or circumstances on which such statements are based.
Data Return is a trademark of Data Return Corporation. All other trademarks are the property of their respective holders.