Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : FirstWave Technologies (FSTW) -- Ignore unavailable to you. Want to Upgrade?

To: TEDennis who wrote (7163)	12/17/2002 10:30:47 AM
From: Oeconomicus	Respond to of 9677

That IS interesting that he would not be listed on the company Web site. Here's how they used to list him: Mr. McNeight has been a director of the Company since May 1998. He served as Vice President of Sales Operations of Internet Security Systems, Inc., a software company providing network security analysis and intrusion detection systems from 1996 until his retirement in 2000. From 1995 to 1996, Mr. McNeight was Senior Vice President at TSW International, Inc., a leading supplier of plant performance and maintenance management software. From 1993 through 1994, he served as Vice President and then President and Chief Executive Officer of Aurum Software, Inc., a leading software company specializing in sales, marketing and customer support automation. He received his BA from Oklahoma State University and his MS from Texas Christian University. BTW, he was appointed to the EL board in January. TOM MCNEIGHT JOINS BOARD OF DIRECTORS OF EXTREME LOGIC Successful Sales Leader Adds Insights for IT Services Growth ATLANTA, GA (January 23, 2002) - Extreme Logic, an e-business solutions provider and Microsoft Partner of the Year for North America, announces the election of M. Thomas McNeight to the firm's Board of Directors. Mr. McNeight, recently retired VP of Field Sales at Internet Security Systems (ISS), brings his knowledge of growth organizations and management to Extreme Logic as it seeks to grow its business, building technology upon the Microsoft platform. During his tenure, ISS grew from approximately $700,000 to $190,000,000 in revenue. "Tom is one of the most proven and capable executives that I have ever worked with," says Extreme Logic CEO Wain Kellum. "I am very pleased that Tom McNeight will contribute his leadership and insights on the Board of Extreme Logic as we continue to expand our business." "I've been fortunate to advise Wain Kellum for many years," says Mr. McNeight. "It will be a great pleasure to help make the most of the unique capabilities and approach of Extreme Logic." Before ISS, Mr. McNeight was Vice President of Sales at TSW International, Inc., a supplier of plant performance and maintenance management software solutions, where sales increased approximately 65%. Previously, he served as Vice President of Sales and then President and Chief Executive Officer of Aurum Software, Inc., a leading provider of sales force automation solutions. Earlier, Mr. McNeight held a variety of sales, sales management, and executive management positions, such as Executive Vice President for the Americas of Dun & Bradstreet Software/Management Science America, responsible for a $345,000,000 business unit. His first commercial positions, in sales and management, were with The John Harland Company and CNA Insurance. Before business, Mr. McNeight was a commissioned officer in the United States Army. He received his BA in Chemistry from Oklahoma State University and his MS in Management Information Systems from Texas Christian University. extremelogic.com

To: TEDennis who wrote (7163)	12/17/2002 10:55:39 AM
From: Oeconomicus	Read Replies (2) \| Respond to of 9677

So, we are left wondering whether McKneight has left the BoD. If so, that seems material to me. How long has he been gone and when were they going to say something? If not, well, I guess we just have another example of sloppy work by whoever maintains the Web site. BTW, if he is gone, who will replace him? Simmons? That would be 2 of 5 from management. In the olden days, a majority from outside was enough, but most corporate governance people want to see as few as possible now, preferrably just the CEO. Of course, there's always Hank. LOL Oh, one more thing. One might have expected a related party transaction footnote in the 10-Q. A company this size spending $900k with EL while McKneight sat on both boards seems noteworthy to me. Bob