Exosphere Aircraft Company Completes Acquisition and Appoints a New CEO/Chairman
January 10 2011 - 8:00AM
Marketwired
Exosphere Aircraft Company (PINKSHEETS: EXSA) is pleased to
announce that the Company has closed the definitive purchase
agreement of BCS, LLC., a privately held company based in Granite
Falls, North Carolina. As part of the agreement we are pleased to
announce that Ramsey Dellinger will become the new CEO and Chairman
of the Board.
Mr. Dellinger has extensive experience in start-ups, running
technology and financial companies. He founded BCS in 2006 and has
over 20 years' experience in the technology industry. Prior to BCS,
Mr. Dellinger launched a technology company and in the first year
he generated $5.0m in revenues and during the next 4 years he
acquired several technology companies. Also, Mr. Dellinger has been
a motivational speaker at over 50 national conferences as keynote,
workshop and business coaching speaker. He received his AA degree
in business and music at Lenoir Rhyne College in 1992. His
interests include investing in businesses, coaching basketball and
spending time with his family.
Exosphere Aircraft departing Chairman and Chief Executive
Officer commented on the appointment of Mr. Dellinger saying, "We
are very pleased to welcome Ramsey to our Management Team and Board
of Directors and view his appointment as being very positive for
our company as well as our shareholders. Ramsey's desire to
participate in enhancing shareholder value combined with his
successful experience in business makes him especially well suited
to join our Team."
About Exosphere Aircraft Company
BCS is the nationwide leader in networking for the Internet.
Today, networks are an essential part of business, education,
government and home communications, and BCS Internet Protocol-based
(IP) networking solutions are the foundation of these networks.
BCS hardware, software, and service offerings are used to create
Internet solutions that allow individuals, companies, and
government to increase productivity, improve customer satisfaction
and strengthen competitive advantage. The BCS name has become
synonymous with the Internet, as well as with the productivity
improvements that Internet business solutions provide.
FORWARD-LOOKING STATEMENT: This press release contains
forward-looking statements, including expected industry patterns
and other financial and business results that involve known and
unknown risks, uncertainties and other factors that may cause our
actual results, levels of activity, performance or achievements to
differ materially from results expressed or implied by this press
release. Such risk factors include, among others: the
sustainability of recent growth rates in the technology industry;
the positioning of Exosphere in the market; ability to integrate
acquired companies and technology; ability to retain key employees;
ability to successfully combine product offerings and customer
acceptance of combined products; general market conditions,
fluctuations in currency exchange rates, changes to operating
systems and product strategy by vendors of operating systems; and
whether Exosphere can successfully gain market acceptance. Actual
results may differ materially from those contained in the
forward-looking statements in this press release.
Contact: Ramsey Dellinger Email Contact