Advanced Technetix Appoints Wall Street Veteran Larry Snyder to Board of Directors
Wednesday January 24, 9:30 am ET
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Advanced Technetix, Inc. (Pink Sheets:AVXN - News) announced today that the Company has appointed distinguished Wall Street executive, Larry Snyder, to its Board of Directors.
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Over his 30 year career in finance, Snyder, who now serves as a Managing Director at the Capital Group LLC, based in Stamford, CT, has held senior executive positions at various Wall Street firms, including Refco, Pali Capital and Merrill Lynch (NYSE:MER - News), where he directly oversaw administration of corporate and union pension securities portfolios exceeding $100 billion.
George Stevens, Advanced Technetix's Chief Executive Officer, said, "We are pleased that Larry Snyder will be advising us. His interest in and his willingness to take an active and participatory role in building the future of our Company is extremely important to our business plan and our future."
Snyder served on the Washington State's Business School Board for over fifteen years and on the Eton Technical Institute's Board of Directors for 12 years. His professional licenses include Series 3, 6, 7, 24, 26 and 63. He majored in finance at Montana State University and at Washington State University.
About Advanced Technetix, Inc.
Advanced Technetix is a developer of cutting-edge technologies and best-of-breed products tailored to address the market opportunities created by the explosive growth of Digital Communications, Entertainment-related services and specific consumer electronics platforms.
Advanced Technetix's AccessKey(TM) products, powered by the Company's patented technology, provide complete access to the coveted "Triple Play" (voice, video and data) and "Quadruple Play" (voice, video, data and wireless) offerings of cable, telecom, satellite and broadband service providers. The Company's AccessKey Home(TM) and portable flash drive-sized AccessKey PC(TM) allow subscribers to "channel surf" streaming "HD Quality" television content (IPtv), navigate the internet, watch Video on Demand (VOD) offerings, play video or internet-based games, listen to music, make phone calls (VoIP), video conference, run a full array of computing applications, securely store data and more, all from a single device and service provider network.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Advanced Technetix, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contact:
Advanced Technetix, Inc.
Bruce Palmer, 310-734-4254, ext. 105
www.advancedtechnetix.com
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Source: Advanced Technetix, Inc.
