[July 22, 2004] E-mail & Messaging Systems Expert Appointed CTO of Stellar Technologies NAPLES, Fla. --(Business Wire)-- July 22, 2004 -- Stellar Technologies, Inc. (OTCBB:SLLR), a leading provider of Employee Internet Management solutions, announced today that Sven James has joined the company as Chief Technology Officer. He joins Stellar Technologies from Compusven, Inc., where he served as Founder and President, until its acquisition by Stellar. As newly appointed CTO, Mr. James will lead Stellar's technical team by providing vision and direction consistent with the company's objective of becoming the world's leading Employee Internet Management solution provider. Don Innis, President of Stellar Technologies, stated, "Sven James is a pioneer in electronic mail and has been involved in commercial e-mail solutions since the 80's. We are very pleased to have Sven serving as our Chief Technology Officer." Sven James began developing enterprise software in 1982 for TSI International, a Dunn and Bradstreet company. At TSI, Mr. James developed and supported a predecessor to today's web search engines by the name of Docu/Master, which was used by over one hundred Global 2000 organizations. Docu/Master was one of the first products to use free form boolean operators to locate documents across a corporate enterprise. During that time, Mr. James developed an interface between TSI's Docu/Master and National Business Systems' TOSS product, which was the first product of its kind to provide e-mail users with access to document libraries using free form intelligent search. In 1985, Mr. James joined Fischer Innis Corporation (now Fischer International Systems Corporation) where he worked with Stellar Technologies' President, Don Innis, developing the client server e-mail system, EMC2 and TAO. TAO remains highly regarded at various Fortune 500 companies, and at its peak, was used by over four million people worldwide In 1995, Mr. James founded CompuSven, Inc. with the goal of providing world class messaging solutions for all e-mail systems. In 1997, CompuSven announced the introduction of the E-Mail Shuttle(TM), an e-mail migration and coexistence product that has to date migrated over three million end users, and is being used by over three hundred Global 2000 companies worldwide. The E-Mail Shuttle(TM) combination of e-mail migration and data synchronization - including directory, public folder and calendar synchronization, provided the first anywhere2anywhere(TM) migration solution allowing users to migrate from any e-mail system to any other. Sven James will be directing Stellar Technologies' development of what is expected to be the world's most complete Employee Internet Management solution, Stellar Internet Global Employee Management(GEM)(TM). Stellar Internet GEM(TM) will be the only product to allow archiving, monitoring, blocking and reporting of secure and non-secure instant messages, Web browsing, and e-mails flowing internally as well as into and out of any e-mail system including Microsoft Exchange, Lotus Domino, Novell GroupWise and any SMTP compliant e-mail system. The first version of Stellar Internet GEM(TM) is slated for release in September 2004. "The circle is complete," said Sven James, CTO of Stellar Technologies, "by combining the expertise gathered over the past 22 years, specifically with e-mail systems, messaging systems, databases, scalable enterprise quality software and document retrieval, I believe Stellar Technologies is well positioned to dominate the Employee Internet Management market. I also believe the combined technical knowledge of CompuSven and Stellar Technologies will make our goal of becoming the leading provider of Employee Internet Management solutions a reality." About Stellar Technologies, Inc. Florida-based Stellar Technologies, Inc. (SLLR) is a leading provider of Employee Internet Management solutions. SLLR provides real time reports of employee web browsing and instant messaging conversations on a single unified platform, and offers a full line of products from cost-efficient Web based solutions to the in-house Enterprise Edition for businesses or government organizations. Benefits of the SLLR business solutions include increased employee productivity, reduction of IT resources, improved litigation control and increased compliance with applicable regulations. SLLR recently acquired Compusven, Inc., a Naples, Florida based leading provider of industrial strength e-mail migration, and a specialist in e-mail data and directory management. For more information, visit: www.stellarti.com. Forward Looking Statements: This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained herein, including without limitation, statements regarding the Company's future financial position, business strategy, budget, projected revenues, projected costs and plans and objectives of management for future operations are forward-looking statements. The words "estimate," "project," "intends," "expects," "believes," "may," "will," "should," "could," or "would," the negative of such terms or similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor' provisions of the Private Securities Litigation Reform Act of 1995. Such statements are not guarantees of future performance or events and are subject to known and unknown risks and uncertainties that could cause the Company's actual results, events or financial position to differ materially from those included within the forward-looking statements. These factors include, but are not limited to, the acceptance of the Company's products in the marketplace, competition, the Company's ability to generate additional financing, as well as those factors set forth in the Company's Registration Statement on SEC Form SB-2 and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made and the Company undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events. [ Back To TMCnet.com's Homepage ]