Cyber Operations, Inc. Board Expanded - Sony Alumni James M. Palumbo Joins Team
May 30 2007 - 9:00AM
Business Wire
Cyber Operations, Inc. (Pink Sheets:CYPJ.PK) announced that James
M. Palumbo has joined the company�s board of directors. Palumbo�s
appointment is effective immediately. Jim Massey, Chairman of Cyber
Operations, Inc commented, �Jim Palumbo is a strong addition to our
board. He brings with him a depth of knowledge in managing
technology, marketing, sales and new business development. Jim�s
experience spans public and private companies. He was instrumental
in many new businesses initiatives at SONY, including the launch of
HDTV and digital media business. In addition, his role as President
of the Plasma Display Coalition will bring solid industry
references to Cyber Operations as we grow our CyberDAN digital
network solution across North America and overseas.� Palumbo held
key executive positions at SONY, including President/CEO of Aiwa
America, a SONY Corporation subsidiary, as well as Senior Vice
President of Sony�s Consumer Television and Digital Media Company.
Jim also served as Sony�s Senior Vice President of External Affairs
where the Technology Standards Office, Industry and Government
groups were under his leadership. Palumbo is now a Corporate
Business Advisor focusing on the Consumer Electronics Industry and
currently serves as President of the Plasma Display Coalition whose
founding members are Hitachi, LG, Panasonic, Pioneer and Samsung.
Cyber Operations CEO, Phil Ruggieri added, �Jim Palumbo has the
breadth of business experience that will fortify our growth plans.
Our board of directors is an essential part of our team initiative
-- they help guide Cyber Operations strategic direction, and Jim
has a track record of success in building successful businesses. He
knows technology, and he understands our clients� priorities. We
are fortunate to have Jim on our team.� Cyber Operations, Inc.
provides comprehensive security solutions to companies and
governmental agencies through its integration of large-scale
network security and biometric and access control technologies.
Cyber Operations' security technology, along with its other
products and services, including its voice over IP (VOIP) solution
and its CyberDAN (Digital Advertising Network) solution featuring
digital media content management and distribution, complete the
technology package essential to the corporate enterprise. The
company maintains offices near Birmingham, AL and in Orlando, FL,
and its products and solution can be viewed on its website at
http://www.cyberoperations.com. This press release may contain
certain forward-looking statements that involve a number of risks
and uncertainties concerning Cyber Operations, Inc. (�The
Company�). Statements, which are not historical facts, are
forward-looking statements. Generally the words �believe,�
�expect,� �intend,� �estimate,� �anticipate,� �project,� �will� and
similar expressions, identify forward-looking statements, which
generally are not historical in nature. The Company's actual
results could differ materially from those set forth in the
forward-looking statements. Such forward-looking statements are
necessarily estimates reflecting the Company's best judgment based
upon current information and involve a number of risks and
uncertainties, and there can be no assurance that other factors
will not affect the accuracy of such forward-looking statements. If
the Company does update or correct one or more forward-looking
statements, investors and others should not conclude that the
Company will make additional updates or corrections with respect
thereto or with respect to other forward-looking statements. This
press release is provided for information purposes only and is not
intended to constitute an offer to sell or a solicitation of an
offer to buy securities.
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