10/30/03 Koala Announces Management Change and Establishment of Advisory Panel for International Affairs and Government Relations
POMPANO BEACH, Fla.--(BUSINESS WIRE)--Oct. 30, 2003--Koala International Wireless, Inc. (KIWI - news) , a developer and integrator of web-based, wireless network applications and wireless device technology, announced today that it has established an independent advisory panel for its products and services.
Mr. David D. Tews, State Senator from Nebraska (Ret.), Attorney (Ret.) and President and CEO of Washington, D.C. based JSC Trading Inc., an International Affairs and International Technology Relations Group, has agreed to assist KIWI in its International Business Development and International Affairs. Mr. Tews is regarded as an effective and insightful liaison in International Relations and is active in the development and associated evolution of various technologies in Asia (in particular China), Europe, and South America.
Mr. Richard (Dick) L. Rumpf, President of Washington, D.C. based Rumpf Associates International Inc., has agreed to advise KIWI on matters pertaining to KIWI's services and products for the US Military and US Government Relations. Mr. Rumpf is the former Principal Deputy Assistant Secretary of the US NAVY in the areas of Research, Engineering and Systems, PDASN, and acting ASN (RE&S). Mr. Rumpf is a consultant to a number of International Companies and Organizations and he is an advisor to a number of US Government DOD and DOE Laboratories. Mr. Rumpf has agreed to assist the Management of KIWI in its US Governmental Relations in the United States and elsewhere.
Harold Fischer, CEO of Koala stated, "The association with both Mr. Tews and Mr. Rumpf further augment KIWI's pursuits of delivering its primary business plan. We are very excited to have such high pedigree advisors working along side our management team."
David Tews stated, "KIWI is a very exciting company with compelling initiatives worthy of our group's involvement. JSC is a firm believer in the products and services offering contemplated by KIWI for the International market place."
Richard Rumpf stated, "It is a pleasure to be involved in the evolution of such a unique and revolutionary company."
Furthermore, Peter Ianace is no longer President of the Company effective immediately. KIWI wishes Mr. Ianace luck in his future endeavors. Hal Fischer, current CEO, will also assume the role and responsibility of President effective immediately.
Koala is developing an International Mobile Virtual Network Operator (IMVNO) platform to allow the delivery of voice, data and Short Messaging over multiple networks. Concurrent with the IMVNO development, Koala is pursuing the development of applicable devices to serve the network subscribers. The IMVNO strategy will enable subscribers to access the Internet, play and store MP3, utilize existing applications including calendaring, contact management systems, email and Short Messaging and additional functionality, some not currently available in the marketplace.
This material includes forward-looking statements based on management's current reasonable business expectations. In this document, the words "can," "anticipates," and similar expressions identify certain forward-looking statements. These statements are made in reliance on the Private Securities Litigation Reform Act, Section 27A of the Securities act of 1933, as amended. There are numerous risks and uncertainties that could result in actual results differing materially from expected outcomes. The material should be read in conjunction with the Company's current annual and quarterly reports filed with the SEC, which contain discussions of currently known factors that could significantly impact the Company's future expectations.
investor.news.com |
