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Gold/Mining/Energy : PKT.A: HOT! Software Company ends WORLD WIDE WAIT

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To: Steve who wrote (4)5/4/1997 2:14:00 PM
From: Steve   of 40
 
PEAK TECHNOLOGIES APPOINTS FORMER IBM SENIOR VICE PRESIDENT TO BOARD OF DIRECTORS

Bellingham, WA
May 5, 1997
- Peak Technologies Inc. (ASE:PKT.A) a market leader in Internet performance enhancement products, today announced the appointment of Carl Conti, former IBM Senior Vice President and General Manager of IBM Enterprise Systems, to the Peak Board of Directors.

Conti, whose career at IBM spanned 32 years, originated the concepts of modern cache memory. He has served as Vice President of the General Technology Division, President of the Data Systems Division, and group executive for the Information and Storage Group and was named to the IBM Corporate Management Board. As General Manager of IBM Enterprise Systems, Conti directed an organization of 30,000 employees with annual revenues in excess of $20 billion. In addition to his membership on the board of Peak, Conti is also a member of the Adaptec Corporation (NASDAQ:ADPT) Board of Directors.

"I'm very pleased to welcome Carl Conti to the Peak Board and as an investor in the company," said Doug Foster, President and CEO of Peak. "He is bringing a wealth of experience and industry expertise in Peak's technology niche as well as providing contacts at the highest level to many of the significant corporations in our industry." (There's more but that's the meat of it)
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