Comtex Appoints Chip Brian President
23 May 2005 - 11:15PM
PR Newswire (US)
Comtex Appoints Chip Brian President NEW YORK, May 23
/PRNewswire-FirstCall/ -- Comtex News Network, Inc., (OTC:CMTX)
(BULLETIN BOARD: CMTX) , a leading provider of economically useful
electronic real-time news and content, today announced the
appointment of Chip Brian to the position of President and Chief
Operating Officer. "Chip Brian is an innovative executive with the
energy, skills and expertise to lead Comtex," said C.W. Gilluly,
Ed.D., Chairman and Interim CEO of Comtex. "During Chip's tenure as
Vice President, Operations, he has delivered successful initiatives
in several areas. His operations team perfected the reliability of
our technical systems; he has recruited senior managers to our
marketing and sales teams; and he continues to direct the
development of new products -- key to the future of our company,"
concluded Dr. Gilluly. "I'm delighted with the opportunities in the
marketplace for Comtex -- a demonstrated leader in the electronic
news distribution business and now an innovative developer of new
economically useful products," said Chip Brian, Comtex's new
President. "Our ground-breaking proprietary new product, Comtex
SmarTrend(SM) Alert, combines real-time news with superior,
actionable stock price trend indications -- and is available
exclusively to our clients. I'm excited about the future for
Comtex." Mr. Brian has extensive experience in providing operating
management and technology solutions to companies in the financial
services industry. Prior to joining Comtex in 2004, Mr. Brian held
a product operations management position with Nyfix Incorporated,
where his team provided "first-line, high- exposure" support to
technicians and the broker community on the floor of the New York
Stock Exchange. From 2000 until 2003, Mr. Brian was the Manager,
Trading Support Operations for the BNY Brokerage division of The
Bank of New York. Previously, Mr. Brian held technology management
and support positions with HotJobs.com, a Yahoo company, Fluxmedia
Solutions, and Hudson Asset Management, a New York based hedge fund
manager. Mr. Brian, 34, holds a B.A. degree from Duke University
and resides in New York City. About Comtex Comtex
(http://www.comtex.com/) provides real-time news, SmarTrend(SM)
Alerts and economically useful information to businesses whose
customers need more than just facts. Comtex customers receive
select content from key sources which is further enhanced with
stock tickers and an extended lexicon of relevant terms. With a
specialization in the financial news and content marketplace,
Comtex receives, enhances, combines and filters news and content
received from national and international news bureaus, agencies and
publications, and distributes more than one million total stories
per day. Comtex's state-of-the-art technology delivers this
relevant content and reliable service in real-time. Comtex has
offices in New York City and Alexandria, Virginia. SmarTrend(SM)
and CSTA(SM) are service marks of Comtex News Network, Inc. Please
Note: Except for the historical information contained herein, this
press release contains forward-looking statements within the
meaning of Section 21E of the Securities and Exchange Act of 1934,
as amended, that involve a number of risks and uncertainties. These
forward-looking statements may be identified by reference to a
future period by use of forward-looking terminology such as
"anticipate," "expect," "could," "intend," "may" and other words of
a similar nature. These statements involve risks and uncertainties
that could cause actual results to differ materially from those
contemplated herein, including the occurrence of unanticipated
events or circumstances relating to the fact that Comtex is in a
highly competitive industry subject to rapid technological, product
and price changes. Other factors include the possibility that
demand for the Company's products may not occur or continue at
sufficient levels, changing global economic and competitive
conditions, technological risks and other risks and uncertainties,
including those detailed in the Company's filings with the
Securities and Exchange Commission. Comtex undertakes no obligation
to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise. DATASOURCE:
Comtex News Network, Inc. CONTACT: Amber Gordon of Comtex News
Network, Inc., +1-703-820-2000, ext. 8011, Web site:
http://www.comtexnews.com/
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