ERF Wireless (OTCBB:ERFW), a leading provider of enterprise-class
wireless and broadband products and services, announced today that it
has made a number of key personnel reassignments and additions in
recognition of the company’s growth and its
recently announced intention to move its core wireless bank model from
the development stage into full production status. Also central to the
decision to make these personnel changes has been the rapid growth of
the WISP (Wireless Internet Service Provider) products and services that
the company currently offers in Texas, Louisiana and New Mexico.
According to Dr. H. Dean Cubley, CEO of ERF Wireless, there have been a
number of personnel reassignments and additions in the company’s
Enterprise Network Services (ENS) subsidiary dictated by the rapid
growth of the company’s commercial and retail
wireless Internet business that now serves some 10,000 customers
throughout three states, as well as the company’s
growing full-production requirements. In addition to “going
live” in the next few of weeks with one of the
major bank projects that began in calendar 2007, ENS is in the process
of kicking off three new projects in early 2008 and is expecting to
close a number of banking network projects in multiple states in 2008.
As previously announced, Mike Jones, the former CTO of Broadwing, has
joined ERF Wireless as a Director as well as a consultant to assist in
the ENS operational and technological transitions.
Greg Smith will move from his current position as CFO of ERF Wireless
to become the CEO of the ENS subsidiary where he’ll
provide the day-to-day direction of the new ENS production rollout.
Smith will also continue to be in charge of all ERF Wireless
acquisitions.
Mike Moehle will continue to anchor ENS Sales and Marketing as EVP.
With more than 18 years experience as an executive in the
communications industry, Mike plays a critical role as the primary
contact for ENS customers and prospects.
John Nagel will head up Engineering Planning to provide front-end
sales support engineering.
Troy Butaud will be responsible for engineering statements of work.
ENS has hired Israel Bocanegra, formerly with Broadwing, to head up
the operational aspects of all new bank installations.
Reflecting the growing interest of the CryptoVue®
network appliance as a stand-alone security product for non-bank
applications, John Arley Burns will head up a new non-bank CryptoVue
sales and marketing initiative as well as the continuing CryptoVue R&D
efforts. Burns will also serve as the ENS CTO.
John Adrian Burns, the former ENS CEO, has elected to leave his
position as ENS CEO, as well as his board position, for personal
reasons.
Dr. Cubley went on to note that the company has named Robert ‘Bobby
Mack’ McClung as Executive Manager to oversee
WISP operations as well as WiNet products and services that are sold
jointly with regional banks. “Bobby Mack
joined the management team last year when he sold his company, Momentum
Online, to ERF Wireless and he’s done an
outstanding job managing our Central Texas WISP operations,”
said Dr. Cubley. “In his new position, Bobby
Mack will continue to manage our day-to-day Central Texas WISP
operations. He’ll also provide overall
operational management for all of our other WISP regions. Finally, he’ll
coordinate with corporate-level personnel to assure the successful
implementation of the WiNet model in each of the bank locations where
ERF Wireless is providing that service in partnership with the banks.”
The company also announced that Richard R. Royall has joined ERF
Wireless as the new CFO, filling the vacancy created when Greg Smith
accepted the position of CEO of the ENS subsidiary. Royall will also
become an ERF Wireless Director, following his confirmation by the
stockholders. Royall has been a Certified Public Accountant since 1972
and has concentrated his accounting expertise in Securities and Exchange
registrations and filings, including the implementation of SOX 404
compliance. Royall has been a public company CFO and Director in the
past with more than eight years of direct experience.
Dr. Cubley concluded, “The changes noted
above reflect our preparation of the company for the next round of
growth. Our management and staff have accomplished a great deal in a
very short period of time and I’ve challenged
our new organization to continue the pace of growth we’ve
established over the past few years.”
About ERF Enterprise Network Services
ERF Enterprise Network Services is an experienced provider of encrypted
wireless networks throughout rural areas of the U.S. The company and its
principals have been in the LAN/WAN, network integration, ISP, Internet
banking, encryption technology, and banking software businesses for more
than 20 years and have constructed secure, encrypted, wireless broadband
networks as well as secure Internet banking solutions and other secure
data processing systems for hundreds of banks, primarily in rural
communities across America. For more information, please visit their
website at http://www.erfwireless.com/enterprise.htm
or call 866-352-9533.
About ERF Wireless
ERF Wireless Inc. is a fully reporting public corporation (OTCBB:ERFW)
that specializes in providing secure wireless and broadband product and
secure service solutions to banking and commercial clients on a national
and international basis. Its principals have been in the network
integration, triple-play FTTH, IPTV content delivery, and Internet
banking and encryption technology businesses for more than 20 years and
have constructed encrypted, wireless broadband networks,
fiber-to-the-home projects, as well as secure Internet banking solutions
for hundreds of banks across America. For more information about ERF
Wireless, please visit www.erfwireless.com
or call 281-538-2101. (ERFWG)
Forward-looking statements in this release regarding ERF Wireless
Inc. are made pursuant to the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Investors are cautioned that
such forward-looking statements involve risks and uncertainties,
including, without limitation, continued acceptance of the company's
products, increased levels of competition, new products and
technological changes, the company's dependence upon third-party
suppliers, intellectual property rights, and other risks detailed from
time to time in the company's periodic reports filed with the Securities
and Exchange Commission.
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