Media Contact:
Carin Canale
The Townsend Agency
P: 858-457-4888 x 151
E: [email protected]
Investor Contact:
Wendy Bost
Vizacom Inc.
P: 201-928-1001 x 12
E: [email protected]
VIZACOM INC. APPOINTS CHIEF TECHNOLOGY OFFICER
AND ACTING CHIEF OPERATING OFFICER
Teaneck, New Jersey - June 20, 2000 Vizacom Inc. (NASDAQ: VIZY), an
interactive e-commerce solutions provider and consumer software publisher,
today announced two key appointments to its executive team. Edward Proctor,
formerly vice president for Visa International's information-management
operations, has been appointed vice president and chief technology officer.
Vincent DiSpigno, the chief executive officer for Vizacom's Vizy
Interactive-PWR Systems Integration division and a vice president of Vizacom,
has been appointed the Company's acting chief operating officer.
As acting COO, Mr. DiSpigno will oversee Vizacom's business operations,
particularly those of the Company's recently launched subsidiary, Vizy
Interactive Inc., an international e-commerce solutions provider operating in
the U.S. and Europe. As CTO, Mr. Proctor will oversee Vizacom's technology,
integration and operations, especially with respect to the Company's
multinational web-enabled call centers and consumer software operations.
"We believe these executive appointments will significantly benefit Vizacom's
growth plans," said Mark E. Leininger, President and CEO of Vizacom Inc. "Our
web-enabled call centers and software groups are technologically driven, and
we expect these operations to significantly benefit from Edward's keen
technology management and business expertise. Vincent has played an
indispensable role in the success of PWR Systems, a part of the Vizy
Interactive group of interactive companies. We expect that his appointment as
acting COO
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will provide the opportunity for him to make full use of his considerable
industry experience and ability to manage our complex business operations,
especially those of Vizy Interactive."
Mr. Proctor has over twenty years of senior management experience in
information services and other high-tech industries. As vice president for
Visa International's information management group, Mr. Proctor designed and
implemented an information management system that significantly improved the
collection and processing of transaction data by Visa's operations.
Previously manager of telecommunications for Bank of America, Mr. Proctor
developed and implemented a voice and data network management system.
Mr. DiSpigno has been a director and vice president for Vizacom since April
2000, and the chief executive officer of PWR Systems since June 1994.
Mr. DiSpigno is formerly corporate marketing manager for Arrow Electronics
Inc., a major electronics distributor, and a district manager for
BusinessLand Inc., a national value-added reseller. A recognized leader in
the e-commerce solutions industry, Mr. DiSpigno was recently appointed to sit
on the advisory panel of SM@RT RESELLER magazine, a well-known trade
publication.
Additionally, Rand Schulman has resigned as executive vice president of the
Company and is expected to change his focus to assist the Company with its
strategic challenges and directions as a consultant.
About Vizacom Inc.
Vizacom Inc. is a provider of interactive e-commerce solutions for
e-businesses and a developer of award-winning software products. Its largest
subsidiary, Vizy Interactive, is a professional Internet solutions
organization providing consulting, interactive design and e-business
technology development solutions to emerging e-ventures and leading
companies, including MTV, SoBe Beverage, Showtime and IZOD. Vizacom also
provides multilingual web-enabled customer and technical communication
services through its multinational call center operations. Additionally,
Vizacom publishes the Harvard Graphics and Serif graphics software product
lines, and operates VisualCities.com. Vizacom is headquartered in New Jersey
and operates in the U.S. and Europe.
Safe Harbor
Matters set forth herein may include forward-looking statements involving
risks and uncertainties that could cause actual results to differ. Potential
risks and uncertainties include, but are not limited to, the market
acceptance and amount of sales of the Company's interactive e-commerce
services and solutions, and software and hardware products; the Company's
ability to expand into the markets for Internet-related services, including
e-commerce solutions and web-enabled customer service; the Company's ability
to develop,
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acquire or license marketable products, services and successful
businesses; the Company's ability to support the growth of its businesses;
the Company's ability to integrate or coordinate the operations of its
businesses; the Company's ability to integrate or coordinate the services
provided through its interactive and e-commerce companies; the Company's
ability to hire, train, motivate and retain employees; the competitive
environment within the Company's industries; the Company's ability to raise
additional capital; the success of the Company's VisualCities.com Internet
commerce network; and the extent that the Company's direct marketing
operations achieve satisfactory response rates. Investors are directed to
consider other risks and uncertainties as discussed in documents filed by the
Company with the SEC.
