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.

Microcap & Penny Stocks : MSU CORP-----MUCP -- Ignore unavailable to you. Want to Upgrade?

To: IKE who wrote (3193)	4/30/1999 3:31:00 PM
From: Hawkmoon	Read Replies (2) \| Respond to of 6180

You mean THIS??!! About time..... Friday April 30, 2:36 pm Eastern Time Company Press Release MSU Corporation, an Internet Technology Company, Announces Major Management Appointments MILTON KEYNES, England--(BUSINESS WIRE)--April 30, 1999--MSU Corporation (OTC BB:MUCP), an Internet Set Top Box Company, reported today on major new management personnel. MSU announced the appointment of Barry Jordan as Managing Director. Mr. Jordan's main charge will be to expand the company's base of operations from the UK to the U.S. and China. Mr. Jordan has spent the past 4 1/2 years in New York with the Consumer and Engineered Products group at Booz - Allen & Hamilton, a worldwide management consulting firm. His experience ranges from strategy development to cost reduction and engineering productivity improvements. Mr. Jordan has covered a broad range of industries including U.S. defense, automotive, power generation and aircraft engine. Mr. Jordan graduated from the Massachusetts Institute of Technology in 1983 with a BS in Civil Engineering. After 10 years of project management experience in the heavy construction field, Mr. Jordan enrolled in and received his MBA from the Fuqua School of Business at Duke University (class of 1995). MSU, based in Milton Keynes, UK, designs and manufactures low cost Internet access devices. Their current product, a sub $150 television set top box, is slated for full production this quarter. A monitor-based device is currently under development. Further, MSU is pleased to announce the appointment of Steve Wilkinson as Operations Director. Bringing to MSU his extensive experience in general management, gained during the 20 years in the structured environment of an international corporate and retail banking group, Steve is able to combine his exceptional understanding of forming an effective business unit, while creating and developing a commercial enterprise, utilizing his sound entrepreneurial, interpersonal and leadership skills. Having studied at the Sheffield Hallamshire University during the 1980s, his degree in Financial Services prepared him for the role as a senior lecturer, covering economics, international trade and management techniques. During the last 2 years, he has utilized his skills in a financial management role directly in a UK construction company, most notably introducing cost control systems producing an 8% reduction in labor margin. This role he has been able to successfully combine with that of a recruitment consultant for the IT industry, gaining a thorough insight into the strategic issues and problems the industry faces. His drive and desire to succeed will be invaluable to the MSU Corporation. In addition, MSU has brought in Malcolm Desborough to the position of Marketing Manager. During a very successful career in Sales and Marketing, Malcolm was instrumental in the establishment of private label branded wines for the major UK retailers. Recognizing the enormous opportunity this sector presented, he went on to create a multimillion pound business in the wine industry that over a period of 14 years held a UK market share of 5%. Malcolm moved on and developed a consultancy that specialized in the research and development of new markets. His experience in a wide range of consumer products and in markets as diverse as the United Kingdom, Canada and Australia gives him a very broad background of trading experience in the European and world markets. Malcolm's ability to produce results while paying close attention to detail make him a strong asset to the MSU team. MSU anticipates making further relevant announcements in the very near future. MSU Corporation designs and develops computer chips and chip sets principally for use in consumer electronic products. Most of the company's chips are capable of multiple functions and eliminate the need for additional chips. Moreover, they diminish the risk of malfunction and error, permit more efficient circuit-board designs and are available at a low cost. In addition to computer chips, MSU develops consumer electronic products and reference platforms for itself and other companies. Its SlipStream Internet access technology enables anyone with a television and regular telephone line to access the Internet and send and receive email. Also, when used with MSU's customized, proprietary browser, SlipStream allows users to access and interact with foreign web sites in their native language. MSU also offers custom services in chip design development and application-software development, consulting and sourcing. For more information, visit MSU Corporation's web site at msu.co.uk. This release contains forward-looking statements which are based on current information available to management and which are subject to other important factors disclosed from time to time in the company Form 10-K and Form 10-Q, Registration Statements and other Securities and Exchange Commission filings, including specifically, among other factors, changing market and economic conditions. -------------------------------------------------------------------------------- Contact: MSU Corporation Malcolm Desborough, 011-44-1908-232-100 --------------------------------------------------------------------------------