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May 06, 2004
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)—--May 06, 2004-- CaminoSoft Corporation (OTC.BB:CMSF
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News),
a leading provider of Information Lifecycle Management (ILM) solutions, announced today that it has appointed Michael Skelton as the Company’s Chief Executive Officer. Prior to joining CaminoSoft, Mr. Skelton spent the past two-and-a-half years as an executive management consultant working with public and private high technology companies. He has been in the high technology industry for over 25 years, including 20 years of executive level experience in general management, sales, and marketing roles. Before embarking on his consulting business, Mr. Skelton was CEO of Menta Software, which was sold to GraphOn, Inc. and CEO of TracePoint Technologies, a spin-off of Digital Equipment Corporation. His career also includes executive level positions with NetManage, SCO, Entré Computer Centers, and TAB Products Company.
Steven Spector, Chairman of the Board of Directors for CaminoSoft, stated, “CaminoSoft has established itself as an innovative R&D organization, and industry-leading IT vendors have selected our software technology as an integral building block for their ILM solutions. Leveraging its technology and channel relationships, the company is now well positioned for business growth. Mike Skelton brings CaminoSoft additional executive management experience in the high technology industry, which is essential in transitioning the organization to a sales and marketing focused company. We are pleased that Mike has accepted this important position and look forward to working with him.”
Mr. Skelton commented, “CaminoSoft is at the forefront of the ILM movement and the company’s products and services are being widely acknowledged as a best of breed data movement software solution. I am excited to join CaminoSoft at this important stage of its development as a leading ILM software provider.”
On a related organizational matter, Mr. Spector indicated that Steve Crosson, who has been with CaminoSoft since its founding and instrumental in positioning the Company’s ILM solutions with technology vendors and channel partners, will assume the combined responsibilities of Chief Operating Officer and Chief Financial Officer.
About CaminoSoft
CaminoSoft is a developer and manufacturer of software solutions that store, manage, and safeguard vast quantities of data created in a wide range of business and application settings. The Company's Information Lifecycle Management solutions for Microsoft Windows 2000 and Novell NetWare include comprehensive administrative policies that allow organizations to reclaim storage resources, dramatically improve system availability, and control file retention. CaminoSoft's Storage Management and High Availability solutions are available worldwide through commercial distributors, value-added resellers, and systems integrators.
This release may contain forward-looking statements that reflect the management’s current views of future events and operations. These forward-looking statements are based on assumptions and external factors, including assumptions relating to regulatory action, capital requirements and competing products. Any changes in such assumptions or external factors could produce significantly different results.
Contact:
CaminoSoft Corporation
Richard Krueger, 805-370-3100
Fax: 805-370-3200
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