Ralph Muse, ex Booz Allen Hamilton Principal and Nextnet Wireless CEO, Joins AtlasTG as CEO
22 July 2008 - 9:00PM
PR Newswire (US)
REDMOND, Wash., July 22 /PRNewswire-FirstCall/ -- Atlas Technology
Group, Inc. (OTC:ATYG) (BULLETIN BOARD: ATYG) is pleased to
announce the appointment of Mr. Ralph B. Muse as the company's new
Chief Executive Officer, effective July 21, 2008. Mr. Muse's career
has included building and operating multiple successful businesses
on an international scale. These businesses have included executive
positions with GE, ABB, Cabletron Systems, and Booz Allen Hamilton.
Mr. Muse has raised over $1 Billion in equity financing. Some
highlights of Mr. Muses's career include: -- SR VP and GM Ion
Geophysical Inc. Managed turnaround of $270 million revenue Land
Imaging Systems Division -- President and CEO, Nextnet Wireless,
Inc., Minneapolis, MN -- EVP of Metricom, Inc. (a Vulcan Northwest
investment), Los Gatos, CA, Secured $600 million in new equity for
nation wide deployment of Ricochet wireless mobile data technology
-- President, CSI ZeitNet, Inc., Santa Clara, CA , a $142 million
acquisition of Cabletron-Systems, Inc. -- President, Kenetech
Corp., San Francisco, CA, a $350 million revenue and world's
largest manufacturer of wind turbines with 1,175 employees --
Principal, Booz Allen Hamilton, Inc., Dallas TX Ralph Muse states,
"This is a natural fit between myself and AtlasTG, and the timing
is ideal. I am a 'hands-on' builder of companies. I believe that
AtlasTG can be another very successful company on an international
scale, and I look forward to leading the development and execution
of strategic and tactical business plans; work effectively with
members of the Board, security analysts, shareholders and
prospective investors; foster development and effectiveness of
internal team resources; and raise significant investment capital.
I am looking forward to the opportunity." Peter Jacobson, interim
CEO of AtlasTG states: "After an extensive CEO search, we are all
especially excited to have Ralph Muse coming on board. Given his
successful and proven track record, in IT, finance, sales, and
building very successful companies, we look forward to the future."
Mr. Jacobson will remain as a member of the AtlasTG Board. About
AtlasTG: AtlasTG provides outsourced application software support
services for clients with large information technology functions
worldwide. The company specializes in remotely supporting
custom-built applications and networks using proprietary process,
monitoring, and management systems. The company operates data and
support service centers in Redmond, WA, Gzira, Malta, and
Wellington, New Zealand. For more information:
http://www.atlastg.com/ This release shall not constitute an offer
to sell or the solicitation of an offer to buy securities to/from
any person, nor there any sale of these securities in any
jurisdiction in which it is unlawful to make such an offer or
solicitation. A number of statements in this press release are
forward- looking statements, which are made pursuant to the Safe
Harbor provisions of the Private Securities Litigation Reform Act
of 1995. These forward-looking statements involve a number of
products and technologies, competitive market conditions,
successful integration of acquisitions, the ability to secure
additional sources of financing, the ability to reduce operating
expenses and other factors described in the Company's filings with
the SEC. The actual results that the Company may achieve may differ
materially from any forward- looking statements due to such risks
and uncertainties. DATASOURCE: Atlas Technology Group, Inc.
CONTACT: Peter Jacobson, +1-949-274-3633, , for Atlas Technology
Group, Inc. Web site: http://www.atlastg.com/
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