Inter-Tel Announces Election of New Directors
Tempe, AZ, April 26, 2005 --(PR.com)-- Inter-Tel, Incorporated (NASDAQ: INTL) today announced the election of two new members to its Board of Directors and the reelection of the current five members of the Board. The two new Directors, Ms. Agnieszka Winkler and Mr. Alexander L. Cappello, were elected at the annual shareholders meeting on April 26, 2005. All members of the Board are elected for one-year terms.
Ms. Winkler is the founder of 3 marketing companies. The first two, Winkler Advertising, founded in 1984, and TeamToolz, Inc., founded in 1999 were both sold. She is currently founder and Chairman of The Winkler Group, a management consultancy specializing in marketing efficiency and effectiveness for Fortune 1000 companies. She serves on the Board of Directors of IP Locks, the Board of Trustees of Santa Clara University and is a member of the Executive Committee of the Board of The Committee of 200. Ms. Winkler has a BA, MA and received an MBA from Santa Clara University in 1981. A frequent keynote speaker at industry meetings globally, she is also the author of Warp Speed Branding: The Impact of Technology on Marketing published by Wiley and subsequently translated and published in China and Turkey, also by Wiley. She has received numerous awards, including: Best Woman in Advertising sponsored by McCall's and ADWEEK; Ad Age's 100 Best and Brightest Women in Marketing and Advertising and Ad Age's 25 Women to Watch.
Mr. Cappello is the Chairman and Chief Executive Officer of the Cappello Group, Inc., a global boutique merchant bank, which includes Cappello Capital Corp. (member SIPC-NASD). He has thirty years experience in corporate management, corporate finance, investment banking, merchant banking both in the U.S. and extensive experience overseas. He is currently or has been a member of the board of directors of several companies and institutions including: RAND Corporation-Center for Middle East Public Policy, RAND-RUSSIA Forum, Genius Products, Inc. (NASDAQ), Australian Cancer Technology (ASX), Advanced Biotherapy, Inc. (OTC), Benitec (Sydney Stock Exchange), Intelligent Energy (London), Swiss American Financial – (Chairman), Euro American Financial Corporation – (Chairman), U.S.C. Board of Governors, U.S.C. Entrepreneur Advisory Council, U.S.C. Advancement Council, Marshall School of Business Advisory Board, Getty Institute, and Chairman Emeritus of Catholic Big Brothers of Los Angeles, Friends of Florence, Friends of Cultural Preservation, (ICSC) Independent Colleges of Southern California. Mr. Cappello is a member of the Young Presidents’ Organization (YPO), where he has served as Chairman of the International Board since 2003. He received a Bachelor of Science degree from the Marshall School of Business at USC in 1977 with honors, including recognition as an "Order of the Palm" scholar. He has been a guest lecturer at the USC, UCLA, and Harvard Business Schools as well as numerous YPO, CEO, & WPO International Universities and is a contributing author of “The New Investor Relations” being published by Bloomberg PRESS/edited by Benjamin Mark Cole.
“We are very excited to have such a high caliber board, with members that represent a broad range of backgrounds and professions,” said Steven G. Mihaylo, founder and current chairman of the Board of Directors of Inter-Tel, in announcing the election of the new directors.
“The addition of these quality new members of the Board indicates our commitment to having a strong leadership group” said Gary Edens, chairman of the Corporate Governance and Nominating Committee.
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements are based on current assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially from our current expectations. For a list and description of such risks and uncertainties, please see Inter-Tel’s previously filed SEC reports, including Inter-Tel’s Annual Report on Form 10-K filed with the SEC on March 16, 2005 and subsequently filed current and periodic reports. Inter-Tel disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
About Inter-Tel, Incorporated
Inter-Tel (Nasdaq: INTL - News) offers value-driven communications products; applications utilizing networks and server-based communications software; and a wide range of managed services that include voice and data network design and traffic provisioning, custom application development, and financial solutions packages. An industry-leading provider focused on the communication needs of business enterprises, Inter-Tel employs over 2,100 communications professionals, and services business customers through a network of 59 company-owned, direct sales offices and over 350 authorized providers in North America, Europe, Japan, Australia and South Africa. More information is available at www.inter-tel.com.
Release Number:
INTL 05-12
Contact:
Steven G. Mihaylo, Chairman and CEO (775) 954-1211
Craig W. Rauchle, President and COO (775) 954-1200
Norman Stout, Chief Strategy Officer, EVP and CAO (480) 449-8900
Kurt R. Kneip, Sr. Vice President and CFO (480) 449-8900
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Ms. Winkler is the founder of 3 marketing companies. The first two, Winkler Advertising, founded in 1984, and TeamToolz, Inc., founded in 1999 were both sold. She is currently founder and Chairman of The Winkler Group, a management consultancy specializing in marketing efficiency and effectiveness for Fortune 1000 companies. She serves on the Board of Directors of IP Locks, the Board of Trustees of Santa Clara University and is a member of the Executive Committee of the Board of The Committee of 200. Ms. Winkler has a BA, MA and received an MBA from Santa Clara University in 1981. A frequent keynote speaker at industry meetings globally, she is also the author of Warp Speed Branding: The Impact of Technology on Marketing published by Wiley and subsequently translated and published in China and Turkey, also by Wiley. She has received numerous awards, including: Best Woman in Advertising sponsored by McCall's and ADWEEK; Ad Age's 100 Best and Brightest Women in Marketing and Advertising and Ad Age's 25 Women to Watch.
Mr. Cappello is the Chairman and Chief Executive Officer of the Cappello Group, Inc., a global boutique merchant bank, which includes Cappello Capital Corp. (member SIPC-NASD). He has thirty years experience in corporate management, corporate finance, investment banking, merchant banking both in the U.S. and extensive experience overseas. He is currently or has been a member of the board of directors of several companies and institutions including: RAND Corporation-Center for Middle East Public Policy, RAND-RUSSIA Forum, Genius Products, Inc. (NASDAQ), Australian Cancer Technology (ASX), Advanced Biotherapy, Inc. (OTC), Benitec (Sydney Stock Exchange), Intelligent Energy (London), Swiss American Financial – (Chairman), Euro American Financial Corporation – (Chairman), U.S.C. Board of Governors, U.S.C. Entrepreneur Advisory Council, U.S.C. Advancement Council, Marshall School of Business Advisory Board, Getty Institute, and Chairman Emeritus of Catholic Big Brothers of Los Angeles, Friends of Florence, Friends of Cultural Preservation, (ICSC) Independent Colleges of Southern California. Mr. Cappello is a member of the Young Presidents’ Organization (YPO), where he has served as Chairman of the International Board since 2003. He received a Bachelor of Science degree from the Marshall School of Business at USC in 1977 with honors, including recognition as an "Order of the Palm" scholar. He has been a guest lecturer at the USC, UCLA, and Harvard Business Schools as well as numerous YPO, CEO, & WPO International Universities and is a contributing author of “The New Investor Relations” being published by Bloomberg PRESS/edited by Benjamin Mark Cole.
“We are very excited to have such a high caliber board, with members that represent a broad range of backgrounds and professions,” said Steven G. Mihaylo, founder and current chairman of the Board of Directors of Inter-Tel, in announcing the election of the new directors.
“The addition of these quality new members of the Board indicates our commitment to having a strong leadership group” said Gary Edens, chairman of the Corporate Governance and Nominating Committee.
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements are based on current assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially from our current expectations. For a list and description of such risks and uncertainties, please see Inter-Tel’s previously filed SEC reports, including Inter-Tel’s Annual Report on Form 10-K filed with the SEC on March 16, 2005 and subsequently filed current and periodic reports. Inter-Tel disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
About Inter-Tel, Incorporated
Inter-Tel (Nasdaq: INTL - News) offers value-driven communications products; applications utilizing networks and server-based communications software; and a wide range of managed services that include voice and data network design and traffic provisioning, custom application development, and financial solutions packages. An industry-leading provider focused on the communication needs of business enterprises, Inter-Tel employs over 2,100 communications professionals, and services business customers through a network of 59 company-owned, direct sales offices and over 350 authorized providers in North America, Europe, Japan, Australia and South Africa. More information is available at www.inter-tel.com.
Release Number:
INTL 05-12
Contact:
Steven G. Mihaylo, Chairman and CEO (775) 954-1211
Craig W. Rauchle, President and COO (775) 954-1200
Norman Stout, Chief Strategy Officer, EVP and CAO (480) 449-8900
Kurt R. Kneip, Sr. Vice President and CFO (480) 449-8900
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