QCOM--Venture Catalyst Adds Wireless Infrastructure and Internet Applications Engineering Industry Leaders to Advisory Panel
BUSINESS WIRE - May 04, 2000 05:45
SAN DIEGO, May 4, 2000 (BUSINESS WIRE) -- John Major -- Previous Corporate Executive Vice President of QUALCOMM
and President and CEO of Wireless Knowledge, current CEO of Wireless
Information Solutions Group; Peter Shaw -- Previous Executive Vice
President, Corporate Development for NetObjects, Chairman, CEO and President of Sitematic Corporation, Senior Vice President of NetManage
and Chairman, CEO and President of AGE Logic Corporation
Venture Catalyst Incorporated (Nasdaq:VCAT), a full-service consultant and incubator for emerging businesses that focuses on venture services, today announced the addition of two San Diego high-tech executives to the Company's Advisory Panel.
John Major and Peter Shaw will assist Venture Catalyst in identifying promising technology trends for investment, and serve as mentors to emerging companies in which the Company invests.
Don Speer, CEO of Venture Catalyst, stated, "The addition of John and Peter to our Advisory Panel demonstrates VCAT's commitment to continuing to expand our presence in the wireless infrastructure and Internet applications engineering industries."
John Major currently serves as Chief Executive Officer of the Wireless Internet Solutions Group. Previously, Major was President and Chief Executive Officer of Wireless Knowledge, a QUALCOMM and Microsoft joint venture, which he joined in November 1998. Prior to joining Wireless Knowledge, Mr. Major served as Corporate Executive Vice President of QUALCOMM, and President of QUALCOMM's Wireless Infrastructure Division. Major also held several executive positions at Motorola from 1977 until 1997, after which he joined QUALCOMM.
Major also serves as a Director of Littlefuse and Lennox Corporations, is a member of the Board of Directors' Executive Committee of the Telecommunications Industry Association, and is Chairman of the Electronics Industry Association. He received a Bachelor of Science in Mechanical and Aerospace Engineering from the University of Rochester, a Master of Science in Mechanical Engineering from the University of Illinois, and holds a Master of Business Administration with distinction from Northwestern University. He also holds a Juris Doctorate degree from Loyola University. Major received an honorary doctorate from Westminster College in 1995.
Peter Shaw was most recently the Executive Vice President, Corporate Development for NetObjects. Prior to joining NetObjects, Shaw was Chairman, CEO and President of Sitematic Corporation. From December 1995 to June 1997, Shaw was Senior Vice President of NetManage, where he was responsible for the Company's international operations and key North American accounts. From August 1989 to November 1995, Shaw was President and CEO of AGE Logic, an Intranet connectivity software company that he founded and subsequently sold to NetManage. From September 1976 to February 1983, he was founder, President, and CEO of Megatek Graphic Systems. Mr. Shaw holds a Bachelor of Engineering in Electrical Engineering from City College of New York, and a Master of Business Administration Degree from the University of Connecticut.
Speer added, "Our investment focus is the high-technology marketplace, which presents significant growth potential. John and Peter, with their unmatched credentials and industry experience, will be uniquely capable in helping us find promising investment candidates in both Internet and wireless, as well as assisting our portfolio companies with growing their ventures."
About Venture Catalyst Incorporated
Venture Catalyst Incorporated (Nasdaq: VCAT) provides venture services to support and facilitate the development of emerging businesses. VCAT is an entrepreneur's ally in identifying, organizing, capitalizing and growing businesses at a faster rate. With a team of experienced professionals and technological expertise, VCAT provides comprehensive Web development services, investor relations, public relations and marketing, strategic planning, executive recruitment, infrastructure, state-of-the-art incubation facilities, and professional and technical services. A public company since 1995, VCAT has offices in San Diego, Orange County and Santa Monica. More information about VCAT may be found on the Web at www.vcat.com.
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Copyright (C) 2000 Business Wire. All rights reserved.
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CONTACT: Venture Catalyst Incorporated Sanjay Sabnani, 310/399-4059 sanjay@vcat.com or Angelyn Lechman, 858/385-1000 alechman@vcat.com or Kirshenbaum Bond & Partners Nicole Blake, 212-663-0080 nblake@kb.com
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS
E-COMMERCE
GAMING
INTERNET
SOFTWARE
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