WireSpring names new VP of Sales and Marketing

Company also gains two top senior execs as advisors

September 24, 2001, BOCA RATON, Fla.-- Michael N. Smith, a former top executive with Concurrent Computer Corporation and a veteran of GE, has joined WireSpring Technologies as its new vice president of sales and marketing. WireSpring, a Cenetec technology accelerator company and developer of software that advances the performance and cost-effectiveness of interactive information terminals or kiosks, has also gained two senior management veterans as advisors.

During his tenure at Concurrent, Smith served as vice president of the video-on-demand business area. In this capacity, he was instrumental in the company's decision to enter the market for enterprise video servers, the success of which led to a six-fold increase in Concurrent's stock price. Previously, Smith served as vice president and general manager of the Real-Time Division at Harris Computer Systems Corporation. He began his career at GE Aerospace where he worked for 15 years, the last five managing International Programs.

In addition to Smith, WireSpring has also added two financial, product development and information technology experts to its board of advisors. These individuals will provide hands-on strategic guidance to help speed the company's technology to market.

WireSpring recently joined the accelerator program at Cenetec, the technology accelerator company, after successfully completing QuickStart, Cenetec's 90-day pre-acceleration program. "Through the diverse connections and recruiting services that Cenetec provides as part of its acceleration program, we have the opportunity to tap top-notch advisors and management professionals that will be key to transforming our technology into market-leading products," said WireSpring CEO Bill Gerba.

Cenetec CEO and Chairman William D. Hager said, "As WireSpring advances toward becoming a major competitor in a fast-growing market, it will benefit significantly from this team's Fortune 500 expertise."

The new members of WireSpring's Board of Advisors are:

Robert E. Bonchick, a 35-year veteran of IBM, was most recently the head of IBM's $6-billion-a-year storage systems division where he was responsible for 15,000 divisional employees. Bonchick was also instrumental in the success of IBM's midrange computer family, which became the best selling computer in the firm's history.

Ezra Wohlgemuth, president of IT Consulting Solutions in Boynton Beach, has over 30 years experience in managing enterprise-wide technology initiatives, including a $500-million strategic IT plan at Marsh & McLennan, Inc. Wohlgemuth also served as vice president of corporate technology strategy at American Express and as senior vice president of systems design and development at Dun & Bradstreet in New Jersey.

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Last updated: July 23, 2005

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