MISSION VIEJO, Calif.,
Oct. 6, 2011 /PRNewswire/ -- 5BARz
International Inc. (OTCBB: BARZ), (Boerse-Berlin: O5B),
(www.5BARz.com) (hereafter "5BARz" or the "Company") is pleased to
announce that Mr. Marcelo Caputo has
been appointed to the Advisory Board of the Company. Mr.
Caputo is currently the CEO of Telefonica USA, Inc., the Telefonica Group's U.S.
subsidiary based in Miami
(FL). In addition to this role, Mr. Caputo is
responsible for the Americas' arm of the Telefonica Multinational
Solutions area which is focused on providing global
telecommunications services to multinational corporations in the
U.S. and Latin America.
Mr. Caputo's Professional Career developed as a systems engineer
for Motorola Argentina in 1991 and he later joined Telefonica as an
account manager in 1993; in the following years he propelled his
career to Sales Manager, Sales Director, and Director of the
Enterprise Communications Unit, where he integrated the new
business unit to include Sales, Marketing, Engineering, and Network
Deployment, responsible for 80 percent of the company's income.
In 2002 he was promoted to Vice President, Global Customers
Division, Telefonica International, in Madrid, Spain, with full sales and P&L
responsibility in 20 countries, In his new position, he
lead the Global Customers division for Telefonica Latin America, a
segment he helped found, and substantially increased the number of
clients in five years.
In 2007, Mr. Caputo joined Telefonica Mexico as Vice President,
Enterprise Customers Division. In this position, he designed
and built a new organization, processes, products, systems, and
partners and launched a new convergent product portfolio.
Mr. Caputo states that "I am pleased to participate on the
Advisory Board of 5BARz and look forward to assisting the Company
in their market development efforts in Latin America. I believe that the 5BARz
technology meets the needs of cellular network operators in the
region and has tremendous potential globally"
Mr. Daniel Bland, President and
CEO of 5BARz International Inc., states "Marcelo's in depth
knowledge of the telco industry in the region, impressive track
record and his global reach make him an invaluable member of our
Advisory Board. We are delighted to have Marcelo's insights and
guidance as we integrate the 5BARz™ technology into the
wireless marketplace in the Americas and beyond."
About 5BARz International Inc.
5BARz International Inc. holds the exclusive global marketing
and distribution rights and holds a 50% ownership interest in the
technology underlying the 5BARz™ products. 5BARz™ is
a cellular network extender for use in the small office, home and
mobile market places. 5BARz™ incorporates a patent-pending
technology to create a highly engineered, single-piece, plug 'n
play unit that strengthens weak cellular signals to deliver high
quality signals for voice, data and video reception on cell phones
and other cellular equipped devices. 5BARz™ represents a key
solution for cellular network operators in providing clear, high
quality signal for their subscribers with a growing need for high
quality connectivity.
5BARz International Inc.'s shares are publicly traded on the
OTCBB under the ticker symbol BARZ in the US and on the Berlin
Stock Exchange (www.boerse-berlin.com) under symbol "O5B."
On behalf of the Board of Directors
"Mr. Daniel Bland" CEO
& Director
5BARz International Inc.
Legal Notice Regarding Forward-Looking
Statements
The information contained in this release consists of
forward-looking statements within the meaning of Section 27A of the
Securities Act and Section 21E of the Exchange Act. These
statements may involve risks and uncertainties that could cause
actual results to differ materially from those described in such
statements. Such forward -- looking statements involve known and
unknown risks and uncertainties, including all business
uncertainties relating to product development, marketing, market
acceptance, future capital requirements, and competition in general
that may cause actual results to be materially different from those
described herein as anticipated, believed, estimated or expected.
The Company is under no obligation to (and expressly disclaims any
such obligation to) update or alter its forward -- looking
statements whether as a result of new information, future events or
otherwise.
Contact:
Parkside Communications Inc.
Phone: 1-877-798-4165
IR@5BARz.com
SOURCE 5BARz International Inc.