I see this as further fufillment of the requirements for a NASDAQ listing, the one requiring two outside directors on the board. If anyone knows if FutureLink has its second required external director let me know. If they dont, I would suspect we would be hearing about another outside director. It would be nice to see a name of a high profiler from one of the companies with which it has formed alliances.
Chip
"I am very excited about FutureLink and the possibilities for the
growing ASP (Application Service Provid(Applies to: FLNK MGCX FORR)
Timothy P. Flynn Joins FutureLink Board
CALGARY, ALBERTA (May 18) BUSINESS WIRE -May 18, 1999--FutureLink
Distribution Corp. (OTC BB:FLNK) is pleased to announce that Timothy P.
Flynn has agreed to join FutureLink's Board effective May 17, 1999 as
an additional independent director.
Flynn, 48, is currently a director of MGC Communications Inc.
(Nasdaq:MGCX) and was formerly a director of ValuJet Airlines from that
company's founding in 1992 through November, 1997. Prior to ValuJet,
Flynn co-founded WestAir Holdings, Inc. in 1982, which operated
WestAir, a California based commuter airline partnered with United
Airlines (United Express). During Flynn's nearly 10 years with WestAir,
the company grew to a 90 aircraft operation serving 28 states and $250
million in annual revenues.
er) sector," said Flynn. "I have
been active in the management of other early stage growth companies and
I look forward to contributing to FutureLink."
"We are very happy that Tim Flynn has accepted our offer to join the
Board," said FutureLink's Chairman, President and CEO, Cameron Chell.
"Tim has been involved with other companies moving from initial
founding to growth phase to maturity and I know that his experience in
management and as an independent director will benefit FutureLink."
About FutureLink
FutureLink is a founder of the Application Services Provider (ASP)
industry. According to Forrester Research Inc., this industry is
projected to reach $20 billion by 2001. FutureLink provides small and
mid-sized businesses (10-1,000 employees) with off-site, Internet-based
computing, allowing subscribers to escape hardware/software upgrade
cycles, precisely control total cost of technology ownership and focus
on their core businesses. FutureLink's expertise in application hosting
on a monthly subscription basis, outsourcing and facility management,
and business practices consulting enables the company to offer an
all-inclusive, trouble-free service at a predictable price. FutureLink,
"The Computer Utility Company," offers computer and information service
as transparently and reliably as today's utilities deliver electricity,
water and telephone services. For more information, contact FutureLink
toll-free at 877/216-6001; e-mail: sales@futurelink.net; or visit the
FutureLink Web site at futurelink.net.
Forward-looking statements and comments in this news release are made
pursuant to safe harbor provisions of the Securities Exchange Act of
1934. Such statements relating to, among other things, the prospects
for the company to complete transactions and enhance operating results,
are necessarily subject to risks and uncertainties, some of which are
significant in scope and nature. These risks may be further discussed
in periodic reports and registration statements to be filed by the
company from time to time with the Securities and Exchange Commission
in the future.
-0- CER/se*
CONTACT: FutureLink
Leone Bechard, Toll-free 877/216-6001
e-mail: lbechard@futurelink.net
Investors -
Troy Cleland, Toll-free 877/216-0001
e-mail: invrel@futurelink.net
KEYWORD: INTERNATIONAL CANADA
INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS TELECOMMUNICATIONS
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