To: kvogel who wrote (123 ) 7/27/1998 5:53:00 PM From: kvogel Read Replies (2) | Respond to of 156
Add to your AXIM position now. Very positive announcement about new Chairman. The main point is that the man chosen is no "dummy" and has been around some sizeable companies. He would not join AXIM if he saw it staying a $2.00 stock for long. He must see some good upside. Axiom Inc. Announces Appointment of New Chairman MT. LAUREL, N.J., July 27 /PRNewswire/ -- Axiom, Inc. (Nasdaq: AXIM - news), a leading solutions provider to the telecommunications billing and customer care market, today announced the appointment of C. Thomas Faulders, III as Chairman. Faulders succeeds Andrew Maunder who served as interim chairman and continues to serve as President and CEO. Citing the Company's continuing growth, Maunder headed the search for a new chairman to further strengthen Axiom's presence in both the financial community and the increasingly competitive telecommunications markets. The appointment of Mr. Faulders, a telecommunications industry veteran, was approved by Axiom's Board of Directors at a meeting held on July 23rd and is effective immediately. ''In terms of professional experience, knowledge and expertise, Tom is an ideal addition who will enable us to further leverage the wide range of opportunities Axiom has on a global level,'' said Maunder. ''As our new Chairman, he brings more than 17 years of experience in the competitive telecommunications industry, both domestically and internationally, a strong background in finance, marketing, and management, and most importantly a well-rounded knowledge of all aspects of the business. As the key 'deal person' for BDM International, COMSAT, MCI and Satellite Business Systems, Tom developed hands-on experience and seasoned judgment that will immediately contribute to Axiom's future growth and success.'' Most recently, Faulders was Executive Vice President, Treasurer and Chief Financial Officer for BDM International, Inc., as well as President of its Integrated Supply Chain Solutions business unit. In this capacity, he directed the information technology company's first and second public offerings, as well as seven commercial acquisitions and a subsequent corporate merger, turning BDM into a $1 billion company. BDM has since been acquired by TRW, Inc. (NYSE: TRW - news) and is now part of TRW's Systems and Information Technology Group. From 1992 to 1995, he was Vice President and Chief Financial Officer for COMSAT Corporation (NYSE: CQ - news), a global provider of satellite services and digital networking services and technology. As CFO, Faulders redirected the company's strategy toward profitable growth and enhanced competitiveness. During a seven-year tenure with MCI Communications Corporation (Nasdaq:MCIC - news; NYSE: MCI - news) beginning in 1985, Faulders garnered senior level experience in finance, sales and management. His last position was as a Senior Vice President in Business Marketing. He began his business career in 1981 at Satellite Business Systems where he rose to the position of treasurer. Karl