TMCnet News
5BARz Engages David Habiger as Member of Advisory Board5BARz International, Inc. (OTCQB: BARZ), (www.5BARz.com) ("5BARz" or "the Company") a technology leader in the cellular network extender industry, is pleased to announce that David "Dave" Habiger, an industry veteran and Senior Advisor at Silver Lake Partners and Venture Partner at Pritzker Group Venture Capital, will be joining its Advisory Board. 5BARz has made a concentrated effort to hire top talent and strengthen its advisors. In 1992 Mr. Habiger began working as President and COO of Sonic Enterprise Software. Mr. Habiger organized and managed the global software development team, later becoming CEO. Since its IPO, Sonic generated over $1 billion dollars in revenue in the digital media category and was named one of Forbes, Fortune and Businessweek's Fastest Growing Companies on multiple occasions, ultimately leading to its sale to Rovi Corporation (NASDAQ: ROVI) for slightly less than $1 billion dollars. Mr. Habiger later made an investment and tok over as CEO of NDS (News - Alert), a leading provider of technology solutions for the digital pay-TV industry. With close to 6,000 employees worldwide, NDS provided the software to enable satellite and cable operators to reach their customers. Shortly after NDS registered for an IPO on the NYSE, the company was acquired by Cisco (News - Alert) for $5 billion. Mr. Habiger, joins Dr. Gil Amelio, Chairman of BARz International, Inc., and former CEO of Apple Computers Inc., Mr. Marcello Caputo, Former CEO of Telefonica USA, and Mr. Finis Conner, one of the original founders of Seagate (News - Alert) Technologies, Inc. to guide the 5BARz business opportunity to its position in the global business community. Mr. Habiger regularly appears on major media networks including CNBC, CNN, Fox, USA Today, The Street.com and Bloomberg (News - Alert) TV, in providing insightful and current technological innovation assessments to the business community. Mr. Habiger, in 2011 was named "Ernst and Young Entrepreneur of the year". Mr. Daniel Bland, CEO of 5BARz International, Inc. states "We are delighted to have David's insightful input on our business strategies as well as his broad base of business relationships that can provide strategic advantage on a global scale." Mr. Dave Habiger said, "I am very excited to join the 5BARz team and have been impressed by what the Company has built in a short period of time. Their technology has massive global potential given the explosive mobile markets worldwide. I look forward to working with the talented management and Advisory Board to help grow 5BARz." About 5BARz International Inc. The 5BARz International Inc. business is focused on the global commercialization of a patented product technology branded under the name 5BARz™. 5BARz™ is a cellular network infrastructure device for use in the small office, home or for when users are mobile. 5BARz™ incorporates a patented technology to create a highly engineered, single-piece, plug 'n play unit that strengthens weak cellular signals to deliver high quality signals for voice, data and video reception on cell phones and other cellular equipped devices. 5BARz™ represents a key solution for cellular network operators in providing clear, high quality signal for their subscribers with a growing need for high quality connectivity. 5BARz International Inc.'s shares are publicly traded on the OTCBB under the ticker symbol BARZ. Legal Notice Regarding Forward-Looking Statements The information contained in this release consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, and competition in general that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
|
