I took a big loss
ATLANTA, Dec. 7, 2012 /PRNewswire/ -- ANTs Software, Inc. (OTC US: ANTS), a U.S. patented lock-free, high-performance, compatibility and virtual technologies software manufacturer, recently announced the promotion of Rik Sanchez to Chief Executive Officer and Chairman of the Board of Directors of ANTs Software, Inc. effective November 12, 2012.
The new Chairman and CEO Rik Sanchez who succeeded Kautzmann last month announces, "Simply stated we are cleaning house after the mistakes of the past, we have put together a solid plan, an infrastructure with creditable, experienced people, financing, a new culture and a team of trusted professionals that know how to execute and drive ANTs forward with explosive worldwide growth in sales, service, support, and respectability."
We are pleased to announce the appointment of two preeminent officers and board members: Bruce Brown, currently the COO Freebeepay, Inc., former CEO of Instawares, and SVP & CIO of T-Mobile and PowerTel. Legendary in world of telecommunication, Mr. Brown was instrumental in the explosive growth at Bellsouth during his 18 years there. Bruce brings more than thirty years of business leadership experience, as well as expertise in ecommerce, domestic & international wireless communications, software development and operations. Bruce came to these positions after eighteen years of increasingly responsible roles in BellSouth's International, Mobility and Information Systems business. "Bruce brings stability to his role in ANTs, as well as his deep knowledge of Enterprise software development and deployment," said Sanchez
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