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Microcap & Penny Stocks : Exigent International, Inc. (XGNT) -- Ignore unavailable to you. Want to Upgrade?

To: David T. Groves who wrote (115)	9/30/1998 7:27:00 AM
From: David T. Groves	Read Replies (1) \| Respond to of 159

Exigent Announces Promotions, Appointments ---looks like something big is coming up, can anyone spell Teledesic??? - Dave MELBOURNE, Fla., Sept. 28 /PRNewswire/ -- Bernie Smedley, CEO of Exigent International, Inc. (OTC Bulletin Board: XGNT - news; CHX: XNT - news) today announced a number of executive promotions, appointments, and reassignments within the organization of subsidiary Software Technology, Inc. (STI). Management believes that the demands of business growth and the needs of the customer base, coupled with a sharpened focus on new product development makes these changes necessary. In the Melbourne, Florida office: . * Bob Stultz, formerly manager of STI's OS/COMET software product, becomes Vice-President of the Products Division. Bob will head up the ongoing development of the newest versions of the OS/COMET line. . * Dan Flynn, becomes Vice-President of Commercial Programs with key responsibilities in the development of the Integrated Control Center. He will continue to work on other commercial projects and related business pursuits. . * Dr. Vince Kovarik, formerly Chief Software Engineer, becomes Vice-President and Senior Member of the Technical Staff, reporting to Chief Technology Officer (CTO) Bill Presley. . * John Ellis becomes Vice-President and Senior Member of the Technical Staff with particular responsibility in the area of Software Process. * Dave Nowacki, formerly Melbourne Site Manager, becomes Vice President STI Government Division. In the Alexandria, Virginia office: . * Dean Oswald continues as Vice-President, and moves to the office of the CTO as Deputy. . * Darin King, formerly Group Manager for Ground Systems, is promoted to Vice-President STI Government Division. . * Mark Adams formerly Group Manager of C3 (Command, Control, and Communication) and Space Systems, becomes Vice-President STI Government Division. All of these changes will take effect immediately. Commenting to Exigent employees on this restructuring, Mr. Smedley said, ''The promotions and appointments announced today will allow the Company to bring more local management to bear on the day-to-day operations of STI. Please join me in congratulating these gentlemen on their well-deserved recognition.'' Exigent International, Inc. (www.xgnt.com) is a holding company capitalizing on emerging high-technology opportunities; specializing in satellite command and control solutions for systems such as IRIDIUM(R) and the NAVSTAR Global Positioning System (GPS). For more information contact: Don Riordan, CFO at (407) 952-7550 or (888) 952-XGNT or FAX (407) 952-7555.