SCYA - - Security Asset Capital Corp. Adds Director and CTO 3/27/03
SAN DIEGO, Mar 27, 2003 (BUSINESS WIRE) --
Security Asset Capital Corp. (OTCBB:SCYA) has announced today additions to its Board of Directors and Executive Management Staff.
Steven King joins the Board of Directors bringing a strong background in business and technology. King is a successful businessman and angel investor specializing in high technology; including networking, telecommunications, software, Internet business solutions and computer components. King currently is the Chairman and founder of Solarsoft Ltd., a U.K.-based network security company providing data protection software for personal, mobile, wireless and corporate users. King is also a Director and Investor of Qualistics Inc., a San Diego-based CRM application software vendor whose clients include McDonalds, Bell South and Domino's.
Bernard J. Tyler will join the company as its Chief Technology Officer. Tyler has over 30 years'experience managing technology developments for SAIC, Computer Associates and Hughes Aircraft Company. For the past 10 years, he has worked in executive positions with several San Diego emerging Internet technology companies. Most recently Tyler served as the Vice President of Engineering at Path 1 Network Technologies Inc., a leader in Video over IP solutions.
Security Asset Capital Corp.'s Chairman and interim CEO, Daniel J. Hill, said, 'The additions of Steven King and Bernie Tyler will bring focus and drive to Security Asset; setting a new pace toward success.'
This news release includes 'forward-looking statements'that include risk and uncertainties. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including without limitation the company's ability to produce and market products and/or services and other risks detailed from time to time in their company's reports filed with the Sec
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