CompuServe Thread

#Scala Press Release

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#186329From: John ChangFeb 22, 1995 10:57 AM
PRESS RELEASE Contact: Richard Houstoun Scala Inc. (703) 713-0900 richard.houstoun@scala.com For Release: February 22, 1995 Larese Appointed Scalas President and CEO WASHINGTON, DC, February 22, 1995 – Edward J. Larese has been named President and Chief Executive Officer of Scala, Inc., a leader in computer-based television information systems. Larese, who joined Scala Inc. as Chief Operating Officer in November of last year, will continue his responsibilities as Vice Chairman and Treasurer. As President and CEO, Larese assumes full responsibility and control for the Company's worldwide operations, its strategic direction, and finances. Larese replaces Jon Bohmer, Scala's founder, who assumes the role of Vice President of New Business Development. Bohmer continues as Vice Chairman and a key architect in Scala's strategic planning in new product concepts. Bohmer endorsed the change in roles as another progressive step for the Company. "In only a short time, Ed has proven to be an excellent leader who has earned the respect and loyalty of Scala senior management and its employees. By assuming full responsibility, Ed ensures that Scala will boldly enter the competitive interactive television and PC multimedia marketplaces with the marketing, sales and product support necessary to succeed," said Bohmer. Mr. Larese came to Scala from Star Technologies, Inc., a publicly held designer and manufacturer of fully-integrated high technology computer systems used by GE Medical Systems, where he had served as Chief Financial Officer since 1992. Previously, Larese held senior executive officer positions with the multi-billion dollar public companies IU International and Eastern Airlines, served as President and Chief Executive Officer of Altair Airlines, and held senior executive positions in manufacturing and financial services companies such as Ross Industries, Inc. and Finalco Group, Inc.. A graduate of Duke University, he is a CPA, formerly associated with Price Waterhouse. Mr. Larese said, "I am pleased about the exciting prospects for Scala's future, both in the U.S. and internationally. I look forward to further enhancing Scala's effort in designing and marketing world-class digital television computer solutions to meet the rising needs for the interactive television and information market places." Scala develops and markets computer-based television information solutions. Available in ten languages, Scala's multimedia tools are used by more than 45,000 customers in more than 40 countries. The Company is headquartered in northern Virginia with international headquarters in Oslo, Norway, and subsidiaries in the United Kingdom, the Netherlands, Denmark and Sweden. – – – END – – –
#186355From: Paul IdolFeb 22, 1995 6:21 PM
Huh. Well, he certainly sounds qualified, though I suppose that, as with all such things, the true story is only known to those insiders for whom this press release sheds no new light. Still, as always, I wish you guys the best, especially since so many C= people have found a home at Scala. Paul (aka Mr. Zombie)