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Microcap & Penny Stocks : SEDONA Corporation (SDNA)

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To: Jerry Rush who wrote (578)2/8/1999 10:32:00 AM
From: Ram Seetharaman   of 731
 
SCNG news.


Monday February 8, 9:51 am Eastern Time
Company Press Release
R. Barry Borden Joins congruency's Board of Directors
ROCHELLE PARK, N.J.--(BUSINESS WIRE)--Feb. 8, 1999--congruency, a next generation Internet based equipment communications company, announced today that R. Barry Borden has agreed to join the company's Board of Directors. Mr. Borden is President of Nettech Systems based in Princeton, New Jersey and a founder and former CEO of Franklin Computer.

''The company is pleased and honored to have Barry Borden as a member of our board,'' commented Ralph Hayon, President and CEO. ''Barry's real world experience in marketing new technologies and systems combined with proven in-depth experience in starting and growing new technology-based businesses will provide the company with invaluable guidance.''

''congruency is at the forefront of next generation Internet-based 'portless' business communication systems,'' said Mr. Borden. ''The company's systems allow businesses to easily and cost effectively join the new Internet economy with features such as business e-mail, Web services and Internet access while providing advanced telephone, voice mail and fax capabilities from a single highly reliable system. I am equally impressed with the company's experienced management team, and market focus which has recently been affirmed by actions of other market participants like Cisco (NASDAQ: CSCO - news), 3COM (NASDAQ: COMS - news) and Nokia (NYSE: NOK/A),'' he added.

Mr. Borden brings over 30 years of experience in founding and managing high growth businesses in the computer hardware, software and communication industries. Since August 1997, he has served as President of Nettech Systems, Inc., a supplier of software for wireless data communications. He has been a Board Member of ScanGraphics (NASDAQ: SCNG - news) since 1986 and currently serves as Chairman of the Board. Prior to that he served as Chairman and CEO of Mergent International, a supplier of software for data security on PC Desktops and enterprise wide networks. From 1968 to 1980, Mr. Borden was the founder, President and CEO of Delta Data Systems, a CRT Terminal manufacturer, and from 1981 to 1984 he was founder, Chairman and CEO of Franklin Computer Corp., a manufacturer of microcomputers. In 1989, he served as President and CEO of Cricket Software, Inc., a supplier of graphics software. Mr. Borden received a BSEE degree from the University of Pennsylvania.

About congruency

congruency is a communications equipment company focused on next generation ''Internet based'' systems that allows businesses to better manage their communications. The company's integrated system consists of a ''portless'' server that sits on top of industry standard Ethernet switches and hubs and distributes voice, Internet, e-mail and other advanced office communications to standard ''browser'' based computers and congruency H.323 compliant Smart Ethernet Telephones. The company was founded in January 1998 by a team of business and engineering executives from leading telecommunications, computer, software and data communication organizations, including AT&T Bell Laboratories (now Lucent) and the elite Intelligence Division of the Israeli Defense Forces. Key team members have also worked with other successful advanced organizations, including Motorola and VocalTec. The company maintains offices in Rochelle Park, New Jersey and an R&D subsidiary in Kiriyat-Ono, Israel.

Contact:

Ralph Hayon
President & CEO
congruency, inc.
201/712-5590
rhayon@congruency.com
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