Message #50 From:
NewsBot Date: December 27, 2006 09:23:00 AM
XCHC News X-Change Corp.'s AirGATE Technologies Hires New Executives
DALLAS--(BUSINESS WIRE)--The X-Change Corporation’s (OTCBB:XCHC) wholly
owned subsidiary, AirGATE Technologies, Inc., announces recent additions
to its growing staff in anticipation of increased growth.
Kathleen Hanafan, Chief Operating Officer, joined AirGATE in 2006 where
she is responsible for managing the day-to-day activities of the
corporation. Ms. Hanafan has 20 years of executive experience driving
revenues for both major corporations and highly successful niche-focused
companies. Ms. Hanafan was founder, president and CEO of Onit
Communications, a Voice over Internet Protocol (VoIP) IP Centrex
Company. Ms. Hanafan grew the company into one of the largest B2B VoIP
enterprises nationally through a combination of organic growth and key
mergers and acquisitions. Before founding Onit, she was Senior Vice
President of worldwide sales and marketing for VCampus Corporation,
where she significantly increased market share in the corporate,
government and commercial segments.
Ms. Hanafan received her Bachelor of Science in Biology from Old
Dominion University and her Bachelor of Arts in Chemistry from Ole Miss.
She currently sits on the board of Onit Communications Inc. and other
boards in various industries. Ms. Hanafan is an advisory board member to
an investment banking firm and a board member to a non-profit
organization in preventive care for urban areas.
Karey Daniels, VP of Finance and Controller, joined AirGATE in 2006, and
is responsible for corporate development, private capital funding,
project planning, budgeting, forecasting and financial accounting. Ms.
Daniels is a 17-year seasoned and innovative financial analyst with
exceptional abilities in managing multiple financial and administrative
functions. She has developed a reputation for improving the financial
operations, as well as the overall financial performance of the
companies she has served. Prior to joining AirGATE Ms. Daniels was VP of
Finance at TRIO Industries, a building materials and alternative
bio-energy startup where she was responsible for finance, accounting,
modeling, forecasting, auditing, SEC registration, implementing SOX
compliance and raising additional funds.
Ms. Daniels served several financial roles at Texas Instruments for 11
years. As Controller for the Americas Business Unit for Texas
Instruments, she was responsible for monthly and quarterly close and
compliance, forecasting and modeling and managing the financial planning
team. She led the division acquisition teams, strategy teams and managed
division level budgets. Her other roles at Texas Instruments included
Financial Planning Analyst for the Corporate, Software Division and
Special Defense Division.
Ms. Daniels received her MBA from Southern Methodist University and her
BBA from Stephen F. Austin State University. She is currently pursuing
her CPA and is a member of The American Institute of Certified Public
Accountants.
Juha Jussila-Song, Vice President Operations and Project Management,
joined AirGATE in 2006 and is responsible for managing on-going projects
and developing new processes and procedures within the company's
day-to-day activities.
Prior to AirGATE, Mr. Song spent 10 years working in wireless
telecommunications companies as management of Technology at NOKIA
(Finland and Japan) and Elcoteq Network SE (Finland and the U.S.). His
activities consisted of technology partnering, technology strategy
formulation, U.S. focused M&A and engineering. As General Manager at
NOKIA and at New Technology Sourcing at NOKIA Japan K.K., he served as a
new technology liaison between the NOKIA Corporate Office in Finland and
NOKIA Japan K.K. He also identified a company that ultimately resulted
in a Technology Partnership for NOKIA in Japan.
Mr. Jussila-Song has a BSEE degree from Pori College of Technology,
Finland. He has extensive experience in international business
development and is proficient in native Finnish and English, and speaks
French, German, Swedish and Japanese.
Lance Cantor, Vice President Sales Product Authentication Division, has
over 20 years of experience as a senior sales and marketing executive,
successfully directing sales and channel managers, alliances and
enterprise technology integration projects utilizing software, wired and
wireless networking systems including RFID technologies. Mr. Cantor has
sold in numerous roles across the selling cycle including big consulting
firms, as well as e-System Integrators, xSP's, CRM, and wireless
e-commerce software companies.
Mr. Cantor was the co-founder and VP of Sales of TELEPLAY, Inc. and
developed the sales and marketing strategy for EFT and EDI pay-by-phone
automated bill payment service bureau servicing Utilities Electric,
Pacific Gas and Electric, Lone Star Gas and AT&T Wireless. He also held
the position of Senior Manager for KPMG Peat Marwick, and PWC developing
business in the software industry.
Mr. Cantor received a Bachelor of Business degree from the University of
Texas and his MBA from the University of Dallas. He serves as
Applications Chairman for Bluetooth Innovation Group and holds a patent
for phone initiated, real-time authorized bill payments using debit/ATM.
About the X-Change Corporation
The X-Change Corporation intends to acquire interests in emerging
technology opportunities, such as RFID, that the Company believes will
generate significant revenues and return a profit to shareholders.
AirGATE Technologies is a wholly owned subsidiary of the X-Change
Corporation. AirGATE applies its skill and expertise to unique, vertical
market applications utilizing RFID and wireless, intelligent, sensor
technology that can provide recurring revenues. Clients include Hexion
Specialty Chemicals, Inc., SECURUS Technologies, Inc., Graco Children’s
Products, Inc., NASA-Johnson Space Center, as well as others in
development. Please visit www.AirGATEtech.com
or www.x-changecorp.com for
further information.
All trademarks used, referenced, or implicitly contained herein are
used in good faith and highlighted to give proper public recognition to
their respective owners.
Forward-Looking Statements
Except for historical information contained herein, the statements made
in this release constitute forward-looking statements (including within
the meaning of Section 27A of the United States Securities Act of 1933
and Section 21E of the United States Securities Exchange Act of 1934).
Such forward-looking statements are based on current expectations that
are subject to significant risks and uncertainties that are difficult to
predict, including statements regarding the intent, belief or current
expectations of the X-Change Corporation, AirGATE Technologies and their
respective managements regarding strategic directions, prospects and
future results. These forward-looking statements include, among other
things, statements regarding future events and the future financial
performance of the X-Change Corporation that involve risks and
uncertainties. Readers are cautioned that these forward-looking
statements are only predictions and may differ materially from actual
future events or results. Readers are referred to the documents filed by
the X-Change Corporation, which are on file with the U.S. Securities and
Exchange Commission and may be accessed at http://www.sec.gov
or the X-Change Corporation's investor relations web page at http://www.x-changecorp.com/index.html,
and specifically the most recent reports on Form 10-K and 10-Q, each as
it may be amended from time to time, which identify important risk
factors that could cause actual results to differ from those contained
in the forward-looking statements. The X-Change Corporation disclaims
any obligation to update or correct any forward-looking statements made
herein due to the occurrence of events after the issuance of this press
release.
