This is the ONLY reason SYQT is being sued by IOMEGA....They stole their distributor. He must be gooood.
REPEAT/SyQuest Names Former Iomega Distribution
Executive to Direct Expanded Channel Efforts; Moran
is Second Sales Executive to Exit Iomega Recently for
SyQuest
Business Wire - July 21, 1997 15:41
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FREMONT, Calif.--(BUSINESS WIRE)--July 21, 1997--SyQuest Technology, Inc.,
(NASDAQ:SYQT), today announced the appointment of John Moran as director of North
and South American distribution sales.
For the past two years, Moran had been U.S. distribution manager for Iomega Corporation.
(NOTE: See SyQuest Technology on the World Wide Web at: syquest.com.
Moran, the second sales executive to exit Iomega for SyQuest in recent months, will report
directly to Gary Jones, executive vice president of sales, and be responsible for growing the
channel sales of SyQuest products. Jones joined SyQuest from a top Iomega sales executive
position in April.
"John Moran has an exemplary record of aggressively expanding the distribution of leading
edge computer products for some of the country's best known manufacturers. As SyQuest
takes new steps to reposition its products as more than just a place to store your stuff, John
will have one of the key tactical roles in boosting both U.S. and international sales," Jones
said.
Moran has more than 12 years experience in increasing the sales and distribution of
technology-based products. Before joining Iomega he held regional sales management
positions with computer products divisions of Panasonic and Toshiba America.
The move to bolster SyQuest's sales through traditional as well as emerging distribution
channels is in keeping with the company's announcement last week that it had retained the
services of The Silakhan Route, Inc.
A global marketing firm under the direction of Paul Losee, one of the original 13 IBM
executives who founded Iomega, The Silakhan Route is developing an aggressive marketing
campaign designed to reposition SyQuest, the company that created removable cartridge hard
disk drives, and retake market leadership.
Together, Moran, Jones and Losee bring more than two decades of experience at Iomega in
sales and marketing direction to bear on SyQuest's repositioning efforts.
About SyQuest
Based in Fremont, SyQuest Technology, Inc. invented the high performance cartridge
category. Founded in 1982, the company has shipped more than 16 million cartridges which
customers use to hold their ideas and creations. SyQuest (SYQT) is publicly traded on the
NASDAQ's National Market System.
SyQuest is located at 47071 Bayside Parkway, Fremont, CA. 94538-6517. Phone:
510/226-4000. URL: syquest.com .
This news release contains forward-looking statements that involve risks and uncertainties,
including competition in the marketplace for the company's products, and other risks detailed
from time to time in the SEC reports filed by SyQuest including its most recent reports on
Forms 8K, 10K and 10Q.
Note to Editors: SyQuest and the SyQuest logo are registered trademarks of SyQuest
Technology, Inc. All other brands or trademarks are the property of their respective
companies.
CONTACT: SyQuest Technology, Inc.
Amy Reardon, 510/226-5386
or
The Bohle Company
Joseph Riser,310/785-0515, ext. 205
josephr@bohle.com
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