High-Technology Veteran Roger Barnes Joins geoTouch As President & Chief Executive Officer
PALO ALTO, Calif.--(BUSINESS WIRE)--Nov. 7, 2000--geoTouch today announced Roger A. Barnes as its President & Chief Executive Officer.
Mr. Barnes is a proven leader of several successful start-up companies and has extensive public company and initial public offering experience. geoTouch is a location-based information system for business applications - delivered through Internet and wireless devices. The product is easily customizable to a number of vertical applications. The company's initial focus is in the area of Real Estate, Sales Force Automation and Fleet Management.
Mr. Barnes comes to geoTouch with over 25 years of business experience, primarily in the high technology industry. Most recently, he was Chief Financial Officer of NASDAQ-listed Cylink Corporation. Previously, he was Senior Vice President & Chief Financial Officer of Evolving Systems, where he led that company's initial public offering. Mr. Barnes was also President & Chief Executive Officer of Formida Software, and Director of Technology Corporate Finance for Arthur Anderson. Mr. Barnes began his career with KPMG.
As a key executive responsible for grooming start-ups into successful public corporations, Mr. Barnes has over the years acquired valuable experience in working closely with venture capitalists as well as private and public investors. His experience has been augmented by his own tenure as Senior Vice President of a Silicon Valley based venture capital firm.
geoTouch Chairman of the Board, Dr. Devendra Verma, said, ``Selecting the right CEO for geoTouch as we are on the verge of launching major new initiatives was the most important priority of the board. Our search has resulted in a proven CEO who has been successful in similar situations. We are indeed very happy that Roger has joined geoTouch to lead its growth plans, including entry in the wireless market.
``I am very impressed with the immense market potential of the geoTouch business model and the highly qualified group of people already in place. I look forward to working closely with the board, employees and our customers to maximize this potential,'' said Mr. Barnes.
geoTouch, which has received very positive feedback from a number of customers, and is about to commence beta testing, was founded in 1999, and has been funded by Redwood Venture Partners, an affiliate of Comstellar Technologies, Inc., Gabriel Venture Partners and Alliance Ventures ,geoTouch has recently agreed to enter into a joint venture with Modi Corporation, a leading wireless service provider in India. Modi has also agreed to become a strategic investor in geoTouch and will use the geoTouch system for location-based information delivery to wireless devices in India and Southeast Asia. .
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