Business Services Industry
Customer Joins Infowave's Sales Team; Former Chevron Executive Becomes Infowave's Senior Director of Business Development
Business Wire, August 25, 2005
VANCOUVER, British Columbia -- Infowave Software (TSX:IW), a leading provider of enterprise mobile applications (EMA), today announced the appointment of Al Rivero as Senior Director, Strategic Business Development to assist Infowave customers in realizing the tremendous potential for mobile solutions and achieving a high return on investment by leveraging best industry practices. Mr. Rivero was formerly with Chevron where he managed Chevron's control systems and technology strategy for pipeline automation when Chevron became a customer of Infowave.
"I am excited to join Infowave to leverage my experience as a customer so that other enterprises can benefit by employing Infowave's mobile solutions to dramatically increase operational efficiency," stated Mr. Rivero, who is viewed as a thought leader in the oil and gas industry. "I strongly believe that in order to achieve required increased efficiency, enterprises must invest in technology that centers around work force mobilization, due to the greater demand on decentralized work forces to make real time decisions that drive real business impact."
Mr. Rivero has twenty five years experience in operations and pipeline automation in the oil and gas industry, a primary industry focus of Infowave. Mr. Rivero was the former Manager, Regulatory Strategy and Compliance with Chevron, responsible for Chevron's market strategies prior to managing Chevron's pipeline automation. Mr. Rivero became a member of Infowave's Advisory Committee in 2004 after the successful deployment at Chevron by Infowave. Mr. Rivero continued, "As a member of the Customer Advisory Committee for the last year, I have watched the successful consolidation of Infowave and Telispark and believe now is the time for great impact. The commitment to product and positioning for scalable growth has resulted in a very streamlined mobile application which will enable the quickest of true enterprise mobile implementations."
"We are excited to have Al Rivero join our team to leverage his experience as a customer of Infowave." James Suttie, Infowave's CEO stated, "Al Rivero is a senior executive who will provide credibility with our future customers regarding the significant business benefits attributable to Infowave's mobile solutions. Al has seen first hand the value of our solution, and is excited about helping his peers in industry achieve similar results."
About Infowave
Infowave (TSX:IW) provides enterprises with scalable and robust mobile solutions for improving operational efficiency and increasing the productivity of mobile workers. Infowave's configurable enterprise mobile application (EMA) suite, Telispark Mobile Enterprise, is designed to streamline and integrate business operations required by mobile workers. Some of the world's most innovative organizations, including Hydro One, Shell Oil, Unilever and the U.S. Navy use Infowave solutions to increase the efficiency of their large mobile workforces. For more information, please email info@infowave.com or visit www.infowave.com.
Forward-Looking Statement
Statements made herein may contain forward-looking information about management's expectations, new strategic objectives, business prospects, revenue growth opportunities, anticipated financial performance and other similar matters. A variety of factors, many of which are beyond the Company's control, affect the operations, performance and business strategy and results of the Company and could cause actual results and experiences to differ materially from the expectations and objectives expressed in these statements. These factors include, but are not limited to, the sufficiency of the Company's restructuring activities and strategic initiatives, including the potential for higher actual costs incurred in restructuring actions and strategic initiatives compared to the estimated costs of such actions or initiatives; the ability to retain and recruit qualified employees; the ability to manage business in light of recent management changes and personnel reductions. Other potential risk factors are described in the Company's 2004 annual report on Form 20-F, in addition to reports on Form 6-K, which are available at the SEC's Web site at www.sec.gov. Forward-looking statements are based on management's beliefs, opinions and projections on the date the statements are made. The Company undertakes no obligation to update forward-looking statements if circumstances or management's beliefs, opinions or projections should change.
Infowave Software, Inc. (TSX:IW)
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