City Network Appoints New President
TAIPEI, Taiwan, May 10 /PRNewswire-FirstCall/ -- City Network, Inc. a company
that designs, manufactures and markets a comprehensive line of broadband and
wireless Internet access solutions and consumer electronic products today
announced that it has appointed David Wang as President of City Network, Inc.
David Wang's experience and international reputation as an accomplished sales
and technical support professional derive from his tenure as vice president of
Xander International Corp. and as President of Runcomp International Corp. Mr. Wang's managements experience concentrates on providing value added products
for e-business infrastructure. Mr. Wang previously put together a management
team that received numerous awards in overall growth and outstanding sales
achievement as distributor for high profile companies including HP, Cisco, CA,
APC, among others. It is the company's belief that Mr. Wang's expertise will
provide the growth and sales initiatives necessary to achieve the company's
business plan.
Commenting on the announcement, Andy Lai, Chairman of City Network, stated
"City Network's continued growth is dependent upon strong management as well as
solid customer support while providing wireless networking solutions, broadband
network equipment and networking appliances. We believe that David and his
management team will provide positive direction to City Network to become a
leading provider of converging networking applications to a growing worldwide
base of customers." About City Network, Inc.
City Network, Inc. designs, manufactures and markets a comprehensive line of
broadband and wireless Internet access solutions and consumer electronic
products. The Company's product line ranges from the City Network HPNA device
for the flourishing worldwide residential building and hospitality market to
the simple DSL bridge/modem for the home and small business user. Currently,
City Network Home PNA and xDSL broadband access equipment is widely deployed by
major telecommunication carriers, ISPs, and System Integrators worldwide.
Safe Harbor under the Private Securities Litigation Reform Act of 1995: The
statements which are not historical facts contained in this press release are
forward-looking statements that involve certain risks and uncertainties
including but not limited to risks associated with the uncertainty of future
financial results, regulatory approval processes, the impact of competitive
products or pricing, technological changes, the effect of economic conditions
and other uncertainties as may be detailed in the Company's filings with the
Securities and Exchange Commission. Nothing in this press release shall be
construed as an offer to buy or sell any securities herein. DATASOURCE: City Network, Inc.
CONTACT: Tim Clemensen of Rubenstein Investor Relations, +1-212-843-9337, Web site: http://www.citynetwork.com.tw/
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