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Microcap & Penny Stocks : SEDONA Corporation (SDNA)

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To: rustyjack who wrote ()6/5/2000 9:02:00 AM
From: leigh aulper  Read Replies (1) of 731
 
Sedona Networks Appoints Kevin Forbes Chief Financial Officer, Adds to High-Calibre Executive Team

KANATA, Ontario--(BUSINESS WIRE)--June 5, 2000--

Leading Innovator in Access Networking Primed for Growth with

Appointment of Newbridge Finance Veteran

Sedona Networks, developer of the industry's first services-aware access architecture, today announced the appointment of Kevin Forbes to the position of Chief Financial Officer and Vice President, Finance. Most recently Vice President, Finance at Coventus, a Newbridge Networks affiliate, Forbes brings more than a decade of financial experience to Sedona Networks.

"Sedona Networks is quickly emerging as a significant player in the networking industry, with business savvy and a highly regarded solution," said Forbes. "I look forward to working for a fast-growing technology company with an accomplished management team, and I believe my experience in strategic business development and venture capital management will be instrumental in helping Sedona to build on its current momentum."

Prior to his position at Coventus, Forbes worked at Newbridge Networks as the Director of Business Management, Asia Pacific Region where he was responsible for all regional customer financing and was instrumental in securing sales to major telecommunications carriers.

"Kevin's past successes in raising equity capital, building strategic business partner investments and forming a vendor financing facility will be instrumental in helping Sedona Networks continue its fast-paced growth," said Joseph Elchakieh, Sedona President and CEO. "Kevin's expertise and experience are well-suited to Sedona's aggressive approach to the market. Kevin will establish the financial cornerstone necessary for our continued growth."
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