To: makeuwonder who wrote (143 ) 7/30/1998 1:04:00 PM From: Gutterball Read Replies (2) | Respond to of 468
Racom Appoints New Board Member DENVER--(BUSINESS WIRE)--July 15, 1998--Racom Systems, Inc., a pioneer in the development of contactless smart cards, today announced that Roger B. Bertman has been appointed to serve on the Racom Board of Directors. "Roger brings to Racom a wealth of experience in smart card, Internet commerce and network technology," said John A. Hinds, Chairman and Acting CEO of Racom. "Roger's experience in marketing, strategic planning and business development will bring tremendous value to Racom. I am very pleased he has agreed to join us at this exciting time," Mr. Hinds continued. Joining Verifone (now Hewlett Packard) in 1992, Mr. Bertman served as a senior officer in marketing, Internet commerce, business development and network systems. His accomplishments included the development of new business opportunities through acquisitions and strategic alliances. Mr. Bertman was also instrumental in executing key strategic relationships with prominent Internet companies to establish distribution channels and integrate technology. He was previously Vice President of marketing for Ungermann-Bass where he had worldwide responsibility for all marketing of its enterprise networking company. Racom Systems, Inc., headquartered in Denver, Colorado, develops and markets smart card-based systems that automate transactions for electronic commerce, information technology, and physical/logical access control and industrial automation. Racom's business solutions provide secure, convenient and personalized access to money, information, property, and services. For further information about Racom, its technology and products, contact Racom at its Web address, racom.com , telephone at (303) 771-2077, or fax (303) 771-4708. Investors should carefully consider the preceding information as well as other information contained in this press release before making an investment in the Common Stock. No assurance can be given that the future results covered by the forward-looking statements will be achieved. The preceding matters constitute cautionary statements identifying important factors with respect to such forward-looking statements, including certain risks and uncertainties, that could cause actual results to vary materially from the future results covered in such forward-looking statements. Other factors could also cause actual results to vary materially from the future results covered in such forward-looking statements. CONTACT: Racom Systems, Inc. Michele Carpino, 303/771-2077 or Guy Murrel, 303/581-7760