STEVE HIX,
AL PATZ JOIN LIGHTWARE SENIOR LEADERSHIP TEAM
BEAVERTON,
OR
April 29, 1999 Lightware, Inc., a leading supplier of ultraportable
multimedia projection systems, announced today that Steve Hix and
Al Patz, two of the industry's pioneers, will join the company's
senior leadership team. Hix will serve as Chairman of the Board
and Chief Executive Officer responsible for technology deployment
and strategic alliances, while Patz joins as President and Chief
Operating Officer overseeing day to day operations. Hix and Patz
will assume the management responsibilities from Mark Reed, Interim
CEO of Lightware, and Principal of High Ground Partners LLC.
"We
are pleased to be able to attract individuals of Steve's and Al's
stature in the industry," Paul Gulick, former Chairman, Lightware,
said. The addition of these two industry leaders supports our commitment
to building on our current leadership position in the portable projection
market."
Hix,
along with Gulick, was one of the original founders of In Focus
Systems, a long-time industry leader in multimedia projection systems,
where he served as Chairman, CEO and President for 10 years. Hix
later left In Focus to launch SARIF Inc., a polysilicon LCD fabrication
company located in Vancouver, Wash.
Patz
is a founding investor in Lightware and served as President during
the company's startup phase. Patz has also served as Lightware's
Chief Financial Officer.
"As
Interim CEO, Mark Reed helped to sharpen our vision and put in place
strong core processes while opening new sales channels." Gulick
said. "He also helped form strategic partnerships that are allowing
us to fully exploit our technology expertise."
Hix
and Patz will begin their assignments at Lightware during April.
Reed will remain at Lightware during a short transition period,
and then return full time to High Ground.
About
Lightware
Lightware is a leading
developer of cutting edge LCD projectors, used for computer and
video presentations in business, training and educational applications.
The
company distributes its products through leading resellers of electronics
and presentation systems in the U.S., Canada and worldwide.
*
Price is in U.S. dollars, is valid only in the U.S. at participating
resellers and is subject to change without notice.
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