Airbiquity Names John Atherly As New CFO
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| SEATTLE, Wash. - (January 10, 2008) - Airbiquity Inc. today announced the appointment of John Atherly as its new chief financial officer. As a key member of Airbiquity's executive management team, Atherly will have oversight of the company's financial goals, economic strategy, forecasting and investor relations. Atherly brings to Airbiquity more than 20 years of experience in the software development and technology industry. Prior to joining Airbiquity, John served as CFO for both eMagin Corporation and Click2learn, Inc. Throughout his career, he has raised over $200 million in financing for his companies. He has extensive experience in mergers and acquisitions, having completed transactions with a cumulative value of over $100 million, the largest of which was completed in 2004 with the merger between Click2learn and their primary competitor Docent, Inc., creating SumTotal Systems, Inc. Atherly has extensive experience managing finance and administration organizations, planning and budgeting, investor relations and the financial reporting processes. During 2007 Airbiquity experienced continued success by adding several large automobile OEM's to its customer base, which will significantly expand domestic and international deployments over the next two years. In addition the company will also be launching a number of its new VIAaq managed data service programs during this period. As head of the company's finance group, Atherly will help maximize the company's operational efficiency during this accelerated growth phase. "John's background in financing and investor relations will serve to support Airbiquity's expansion," said Kamyar Moinzadeh, Airbiquity president and CEO. "We are excited to bring him on board." About Airbiquity Inc Airbiquity provides wireless data communications solutions that enable product suppliers and service providers in the M2M and telematics industries to deliver reliable and ubiquitous wireless data services. Used by some of the largest automotive manufacturers globally in their telematics service offerings, Airbiquity's patented aqLink technology provides data communications over digital wireless voice networks. VIAaq, Airbiquity's turnkey managed Telematics data service, provides seamless connectivity between telematics service providers and a vehicle or PND device for a relatively low cost of entry. Airbiquity was recently selected as one of the top 100 M2M companies for 2008. To learn more about Airbiquity, please visit their web site www.airbiquity.com . # # # Airbiquity, aqLink and VIAaq are trademarks of Airbiquity Inc. |
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