Executives from other companies sitting on boards of different companies is quite common. Matty, you make the call based on what you'll discover after reading the following business example:
Wednesday February 11, 8:06 am Eastern Time
Company Press Release
PulsePoint Communications, Previously Digital Sound Corp.,
Names Microsoft Executive and Former McCaw Cellular
Executive to Board of Directors.
CARPINTERIA, Calif.--(BUSINESS WIRE)--Feb. 11, 1998--PulsePoint Communications
(Nasdaq: PLPT - news), a leading provider of enhanced services solutions to the
telecommunications industry, Wednesday announced the appointment of two new members to its
board of directors.
Joining the company's existing board are Cameron D. Myhrvold, vice president of the Microsoft
Internet Customer Unit, and Scot B. Jarvis, a former McCaw Cellular Communications executive
and co-founder of Nextlink Communications Inc.
The announcement follows one made on Feb. 2, in which the company introduced new products and
announced a company name change to PulsePoint Communications from Digital Sound Corp.
(formerly, Nasdaq:DGSD) to reflect its new vision and direction.
''We are extremely pleased to welcome two very distinguished individuals to our board,'' stated
Mark Ozur, president and chief executive officer of PulsePoint Communications. ''Mr. Jarvis and
Mr. Myhrvold bring enormous expertise in two key areas for the company -- wireless
communications and computing.
''Their addition complements our existing board and solidifies a leadership that is visionary and rich
in relevant experience.''
Myhrvold, a Microsoft Corp. [Nasdaq:MSFT - news] executive since 1986, directed several
divisions of the company prior to being appointed vice president of the Internet Customer Unit,
including director of marketing for Microsoft's developer division, director of systems marketing for
Microsoft Europe, and director of developer relations.
''I am very pleased and look forward to working with PulsePoint Communications,'' said Myhrvold.
''They are clearly redefining enhanced services for a new era in telecommunications, creating an
environment for tremendous enhanced services application innovation.''
Jarvis, a wireless industry pioneer, is co-founder of Nextlink Communications and of Cedar Grove
Partners LLC, a private investment company. Jarvis currently sits on the board of directors of
Nextlink Communications, and has previously served as a board member of NEXTEL
Communications Inc.
Prior to this, Jarvis held two vice president posts for McCaw Cellular Communications (now AT&T
Wireless), including vice president of acquisitions and development for McCaw Communications
Companies Inc. and vice president of McCaw Development Corp.
''PulsePoint Communications has an impressive vision for enhanced service provisioning,'' said
Jarvis. ''I have worked with many carriers and am extremely impressed by the depth and
thoroughness of PulsePoint Communications' solutions for this market.''
Myhrvold and Jarvis join PulsePoint Communications' existing board members: J. David Hann,
chairman of the board; John D. Beletic, chairman and CEO of PageMart Wireless Inc.; Bandel L.
Carano, general partner, Oak Investment Partners; Ozur, president and CEO of PulsePoint
Communications; and Frederick J. Warren, general partner, Brentwood Associates.
All of the board members listed above are proposed for re-election at the company's annual
shareholders meeting scheduled in April. At that meeting, shareholders will also be voting to approve
a 1-for-4 reverse stock split.
''We've broadened the experience base of our board to support our overall vision of defining the
enhanced services market for a converging telecommunications world,'' stated Ozur. ''Cameron
Myhrvold's business development and Internet leadership at Microsoft and Scot Jarvis' pioneering
leadership in an aggressive wireless market are key to building a board with a strong vision to the
future.''
About PulsePoint Communications
PulsePoint Communications develops carrier-grade, Internet-ready, open-system enhanced
application platforms, and an integrated suite of communication-management applications for
worldwide progressive and competitive telecommunication service providers.
Users of PulsePoint applications enjoy any-time-, anywhere-, any device-access to messages and a
full range of features that put them in control of their communications.
PulsePoint Communications has headquarters in Santa Barbara County, Calif., with service and
support offices in Europe and Asia. PulsePoint Communications is traded on Nasdaq under the
symbol PLPT (formerly DGSD). PulsePoint Communications is ISO 9001-registered.
PulsePoint Communications 6307 Carpinteria Ave., Carpinteria, Calif. 93013 805/566-2000; fax:
805/684-2848 (www.plpt.com).
NOTE TO EDITORS: The names, logos and taglines identifying PulsePoint Communications'
products and services are proprietary marks of PulsePoint Communications. Other products and
company names mentioned herein may be trademarks of their respective owners.
Certain matters discussed within this news release may constitute forward-looking statements within
the meaning of federal securities laws. Although PulsePoint Communications believes the statements
are based on reasonable assumptions, the company can give no assurance that their expectations will
be attained. Actual results and the timing of certain events could differ materially from those
projected in or contemplated by the forward-looking statements due to a number of factors,
including, without limitation, inability of the company to successfully promote and sell its products,
failure of products to operate successfully, lack of customer orders, the cost of repair, economic
activity, competitive pricing, and the regulatory environment in which the company operates and
other factors detailed from time to time in the company's filings with the Securities and Exchange
Commission, including quarterly reports on form 10-Q, reports on form 8-K and annual reports on
form 10-K.
Contact:
MorseMcFadden Communications
Paige Ziegele, 425/889-0528 (media contact)
paigez@morsepr.com
or
PulsePoint Communications, Carpenteria
Laura Barron, 805/566-2000 (corporate contact)
laura.barron@plpt.com
More Quotes
and News:
Digital Sound Corp (Nasdaq:PLPT - news)
Microsoft Corp (Nasdaq:MSFT - news)
Related News Categories: ISDEX, computers, software, telecom
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