Calypso Wireless, Inc. Announces the Appointment of Robert B. Sando as Chief Financial Officer
Calypso Wireless, Inc. (PINK SHEETS: CLYW)
(www.calypsowireless.com) has announced that Robert B. Sando, 47, has
been named Chief Financial Officer and Secretary of the company.
Calypso Wireless' patented ASNAP technology allows for seamless voice,
video, data conversion and seamless session continuity, across
devices, access methods and applications instantly. Robert B. Sando is
a veteran financial executive who has joined Calypso to build and
improve the company's financial structures, strategic planning, and to
ensure compliance with financial policies and procedures. Mr. Sando
possesses a wealth of entrepreneurial experience in the technology
industry and has an impressive track record of bringing technology
companies to sustained profitability.
"We are extremely pleased that a financial executive with the
breadth of experience of Robert Sando has joined the Calypso team,"
stated Cristian Turrini, President and Chief Executive Officer,
Calypso Wireless, Inc. "Robert Sando will put in place financial and
operating structures that will take our Company into the future and
beyond," Turrini added.
"Calypso is an exciting and dynamic company and I am delighted to
play an integral role in its continued success and evolution. I
believe I can make substantial contributions to the future growth and
prosperity of the Company," stated Mr. Sando. "I am very excited about
this Company's market opportunity, product licensing approach, and its
business model. Calypso's growth is a direct result of its 'best in
class' products, proprietary technologies, and outstanding people."
Prior to joining Calypso, Mr. Sando served as the Director of
Finance and Treasurer of the Qtera Corporation, a venture
capital-backed technology company located in Boca Raton, FL who was
sold to Nortel Networks (NYSE: NT) on January 28, 2000 for $3.25
Billion. Mr. Sando received his Bachelor's and two Master's degrees
from Saint Joseph's University, Philadelphia, PA and Widener
University, Chester, PA.
ABOUT CALYPSO WIRELESS
Calypso Wireless is the company behind the ASNAP(tm) technology
for which it was granted U.S. Patent #6,680,923 titled "Communication
system and method" (http://www.uspto.gov - search U.S. patent number
6,680,923), which covers the seamless roaming of voice, video and data
between Wide Area Network access points, such as cellular towers
(GSM/GPRS/EDGE, CDMA, WCMDA etc.) and short-range Internet access
points (such as Wi-Fi, Bluetooth, etc.).
Calypso Wireless is a publicly traded company headquartered in
Miami , FL. Its common stock trades under the ticker symbol CLYW. For
more information about Calypso Wireless and its products and services,
please visit the company's Web site at http://www.calypsowireless.com.
SAFE HARBOR
This press release contains forward-looking statements made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995, including forward-looking statements
regarding (1) executive transition matters, (2) employment terms and
(3) future performance potential. These statements are neither
promises nor guarantees, but involve risks and uncertainties that
could cause actual results to differ materially from those set forth
in the forward-looking statements, including, without limitation, the
risks detailed in our filings with the SEC. Calypso Wireless, Inc.
does not intend, and disclaims any obligation, to update any
forward-looking information contained in this press release.