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Zippi(TM) Networks Names Robert Carollo as Executive Vice President of OperationsSAN JOSE, Calif. --(Business Wire)-- Zippi(TM) Networks, Inc. (Pink Sheets:ZPNW), the innovative force behind revolutionizing the online selling process, today named 17-year sales management veteran Robert A. Carollo as Executive Vice President of Operations. Carollo will be responsible for day-to-day operations at Zippi, including all the company's sales divisions, distribution, customer service, and distributor relations departments, as well as achieving Zippi's immediate and long term revenue goals. "Bob's accomplishments as global account manager for some of the largest corporations in the world make him ideal for turning Zippi's ambitious strategies and goals into reality," said Robert A. Rositano Jr. Zippi's Chief Executive Officer. "He has the leadership skills, operations savvy, and sales management success - including his natural instincts for superior customer relationships - that can bring growth and success to our revolutionary business." Carollo joins the Zippi executive team after over seven years at Cisco Systems (NASDAQ:CSCO), where as Global Account Manager, he was responsible for account satisfaction and managing a team of 100 for the Hewlett Packard account as well as the Intel Corp. account. While at Cisco, Carollo also served as Global Services Account Manager for some of the company's largest and most strategic accounts, including Intel, HP, Oracle, Sun, Chevron Texaco, Visa and MSN. Prior to Cisco, he directed Western Region sales and distribution development for call center application startup XANTEL in Phoenix, Ariz. During his six years at Fujitsu Business Communication Systems in Anaheim, Calif., Carollo rose from Installed Base Account Manager to Western Region Sales Manager significantly increasing revenues, margins and customer satisfaction among more than 300 customers. He earned a B.A. degree in Business Administration from Loyola Marymount University in Los Angeles. "Zippi is revolutionizing the online sales market so that anyone can conveniently profit from turning their clutter into cash," said Carollo. "Evangelizing the Zippi message, growing the business, and bringing success to the Zippi team and its customers is about as exciting an opportunity there is for a problem-solving, challenge-driven executive such as myself." About Zippi Networks, Inc. Zippi Networks, Inc., an integrated service provider, is positioned to become a key component of eBay's future business and the online sales process itself by introducing a mobile franchise opportunity, drop-off stations and the Zippi Affiliate Network. In management's view, the Zippi Affiliate model breaks the mold of the current eBay and online auction sales model by replacing rapidly shrinking margins on sales with a commission-based opportunity that allows an entrepreneur to network with other sellers to increase commissions. An as yet unannounced hardware and software Affiliate tool is scheduled to be introduced later this quarter to give Affiliate sellers a technology edge over competitors. Zippi intends to arm a new generation of online Affiliate sellers with the advanced tools and strategies to free themselves from shrinking profits, a dwindling number of unique items to market, and the burden of inventory overhead. Zippi Networks, Inc., is headquartered in San Jose, Calif. For additional information, please visit the company's Web site at http://www.zippi.com or contact Zippi at 408/884-5717. Safe Harbor Statement This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as results of various factors including the ability of the company to successfully commercialize its new technologies and service offerings. The company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Zippi is a trademark of Zippi Networks, Inc. All other trademarks or registered trademarks are the property of their respective owners. |
