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Exhibit 99.1
PRESS RELEASE
EAGLETECH COMMUNICATIONS, INC. APPOINTS INTERIM PRESIDENT AND CEO
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Nov. 27, 2000--Eagletech Communications,
Inc. (OTCBB:EATC - news), a telecommunications solutions provider, today
announced that its board of directors has appointed Rodney E. Young, current
board member and co-founder, as interim president and CEO.
Young replaces Robert J. Dobbs, Jr. who has resigned from Eagletech as an
officer and director effective November 30, 2000 in order to pursue other
entrepreneurial interests in South Florida. Eagletech Communications has begun a
search for a new president and CEO. Young will serve in this capacity until a
permanent CEO is named.
Currently, Eagletech Communications is targeting its search for a CEO to
executives in the Telecommunications Industry with a proven track record in
sales and marketing. A timetable on when a permanent CEO will be named was not
announced.
"I am pleased to take on this role at Eagletech Communications," said Rodney E.
Young. "We welcome the challenge of continuing to build Eagletech into a premier
solution provider in the Telecommunications Industry. Aggressive goals have been
set forth for our next phase of growth - we look forward to building upon the
foundation that has been established by Robert and the many contributions he has
made to the Company. We wish him well in his future endeavors."
As the lead architect behind Eagletech's proprietary breakthrough technology,
Eagle1Call, Young brings to the position demonstrated leadership qualities and
strategic market vision. He has had a successful career in computers, systems
integration, LAN and computer telephony which lead him to co-founding Eagletech
Communications Inc. and developing an enhanced turnkey interactive voice
response system now known as Eagle1Call.
Dobbs stated, "It's been an honor serving the board of directors and
shareholders of Eagletech Communications over the past 18 months. I am proud of
what we have accomplished during my tenure and I'm confident Eagletech is well
positioned to capitalize on the tremendous opportunities that lie ahead in this
very dynamic market."
About Eagletech Communications Inc.:
Eagletech Communications Inc. (www.eagletech1.com), based in Fort Lauderdale, is
a leader in raising the standard and lowering the cost of business
telecommunications. Eagletech provides a local access, One-Number Follow Me
service called EagleOne which unites a mobile
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professional's phone numbers - home, cellular, pager and fax - under a single
number which follows the professional. EagleOne is offered for a flat monthly
rate of $24.95 with unlimited phone calls.
Eagletech was founded in 1996 by a team of Computer Telephony developers,
Telecommunications Industry product developers, and entrepreneurs with real
world experience in the challenges presented by service organizations, sales
organizations, and mobile professionals.
This press release contains forward-looking statements. The words "estimate",
"possible" and "seeking" and similar expressions identify forward-looking
statements, which speak only as to the date of the statement was made. The
Company undertakes no obligation to publicly update or revise any
forward-looking statements, whether because of new information, future events,
or otherwise. Forward-looking statements are inherently subject to risks and
uncertainties, some of which cannot be predicted, or quantified. Future events
and actual results could differ materially from those set forth in, contemplated
by, or underlying the forward-looking statements. The risks and uncertainties to
which forward-looking statements are subject include, but are not limited to,
the effect of government regulation, competition and other material risks.
Contact:
Noble House of Boston, Casselberry, Fla.
Media Inquiries:
David Donlin, 888/217-2553 x 233
Fax: 407-339-4699
[email protected]
