THE FUTURE NOW, INC. ELECTS DIRECTOR TO BOARD
THE FUTURE NOW, INC. ELECTS DIRECTOR TO BOARD CINCINNATI, Aug. 20 /PRNewswire/ -- The Future Now, Inc.
(NASDAQ: FNOW), the Cincinnati-based computer sales and service company, today announced that James M. Ciccarelli, 40, has been elected to its board of directors. Ciccarelli is president of the Reseller Network Division of Intelligent Electronics, Inc. (NASDAQ/NMS: INEL), a position he has held since 1990 when he joined Intelligent after its acquisition of Connecting Point of America, Inc. where he was president and chief operating officer. The appointment brings the number of directors to eight and follows the recently concluded acquisition of nine computer reselling operations owned by Intelligent in exchange for 31.1 percent of The Future Now's issued and outstanding common stock.
Terry L. Theye, president and chief executive officer of The Future Now commented: "We are extremely pleased to add Mr. Ciccarelli to our board. His extensive knowledge of the computer industry and the reseller channel, combined with his management talent and strategic vision, will contribute significantly to the long-term growth of the company." The Future Now sells, installs and services microcomputers, microcomputer software products and turn-key microcomputer systems for business, professional, educational and governmental customers. With more than 900 employees, the company has 23 sales offices in 15 states. -0- 8/20/92 /CONTACT: David L. Durham, vice president of finance of The Future Now, 513-771-7110/ (FNOW INEL) CO: The Future Now ST: Ohio IN: CPR SU: PER
BM -- CL012 -- 1725 08/20/92 12:53 EDT
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|Date:||Aug 20, 1992|
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