Message #18 From:
Stock News Bot Date: July 15, 2005 01:00:00 AM
VSNI News Viseon Appoints Brian Day as Chief Financial Officer and Chief Operating Officer
DALLAS--(BUSINESS WIRE)--July 15, 2005--Viseon, Inc. (OTCBB:VSNI), a global developer of broadband personal communications solutions for VoIP, today announced the appointment of Mr. Brian R. Day as its Chief Operating Officer and Chief Financial Officer. Mr. Day succeeds Robert Wolf as CFO and will be responsible for all operations as well as being responsible for the Company's financial, legal and administrative functions.
Mr. Day has been a member of Viseon's Board of Directors since 2001 and has been Chief Financial Officer of Gomez, Inc. a privately-held provider of internet performance management services since August, 2004. Prior to joining Gomez, Mr. Day was President of LifeHarbor, Inc., a provider of enterprise software to the money management industry. Mr. Day engineered the successful sale of LifeHarbor to Vestmark, Inc. in July, 2004. Prior to LifeHarbor, Mr. Day held financial and strategic leadership roles at several successful venture-backed private companies. Most notably, he was CFO and COO for Octave Communications, an audio-conferencing switch manufacturer from 1999 until its sale in January, 2003. Prior to his time at Octave Communications, Mr. Day had served as treasurer of Tylan General, Inc. a publicly traded semiconductor capital equipment company, following Tylan's acquisition of Span Instruments, Inc., where Mr. Day had been the CFO since 1996. Tylan General was acquired by Millipore Corporation in 1997. Mr. Day started his career with Fleet Financial Group (now Bank of America) and received a J.D. from Suffolk University Law School in Boston in 1995.
Mr. Wolf is leaving in order to devote more time to a business venture with which he was involved prior to joining Viseon.
"Viseon is extremely well-positioned to benefit from the explosive growth in the VoIP space. We have a solid, talented team and our product has never looked better. This is a very exciting time for me to assume such a hands-on role in helping to direct Viseon's operation," said Brian Day.
"I am thrilled that Brian Day has accepted our offer to join the team. It has been a pleasure working with Brian on our Board for the past four years. He'll make a big difference in our operations and finances," said Viseon's President and chief executive officer, John Harris. "I would also like to thank Rob Wolf for the tremendous job that he did for us over the past year and a half and wish him the best in his future ventures."
About Viseon, Inc.
Founded in 1993 with headquarters in Dallas, Viseon, Inc. (OTCBB:VSNI) is a leading developer and manufacturer of patented personal broadband communications solutions. Viseon products have been sold under various brand names around the world including Philips, VTEL, and Gentner. Viseon's mission is to work with carriers to enhance the consumer telephone experience by positioning VoIP as a premium service versus Plain Old Telephone Service (POTS), and ultimately replacing the analog telephone by bringing digital telephony quality to the broader public. The target markets for Viseon's VisiFone are the 150 million global consumers which are projected to switch to VoIP in the next five years. Other markets for the VisiFone include corporations, universities, and government agencies. Viseon holds broadband communication related patents in the U.S. and 18 European and Asian countries and has additional patents pending. For more information on the Company, including investor presentation, please visit the Company's Website, http://www.viseon.com.
"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995:
Statements in this news release regarding Viseon's business that are not historical facts are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All such forward-looking statements involve risks and uncertainties that could cause actual results to differ from those contained in the forward-looking statements, including, adverse business or market conditions, the ability to secure and satisfy customers, the availability and cost of materials from suppliers, adverse competitive developments, change in or cancellation of customer requirements, and other risks described in the Company's Annual Report on Form 10-KSB for the most recently ended fiscal year.
VisiFone is a trademark of Viseon Inc. All other company and product names may be trademarks of the respective companies with which they are associated.
