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Technology Stocks : AWARE
AWRE 2.050+2.0%3:59 PM EST

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To: KHS who wrote (2005)3/13/2001 9:16:51 AM
From: TechMkt  Read Replies (1) of 2404
 
Aware, Inc. Announces the Promotion of Edmund C. Reiter to President

BEDFORD, Mass.--(BUSINESS WIRE)--March 13, 2001--Aware, Inc. (NASDAQ: AWRE), a worldwide leader in DSL (digital subscriber line) technology for high-speed Internet access over existing telephone networks, today announced the promotion of Edmund C. Reiter to the post of President. Mr. Reiter, who joined Aware in 1992, has served as Senior Vice President of Sales and Marketing since May 1998 and as a member of the Board of Directors since December 1999.

Michael A. Tzannes, Aware's Chief Executive Officer said, "It gives me great pleasure to announce Ed's promotion. Over the years, Ed has consistently been a key contributor to the commercialization of our technology and the growth of our business. This change better structures Aware to attack the numerous existing and emerging opportunities in ADSL and in broadband communications in general."

As President, all of Aware's engineering, sales and marketing organizations will report to Mr. Reiter. He will continue to report to CEO Michael Tzannes as will Richard Moberg, Aware's CFO.
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