|ARLINGTON, VA – July 9, 2008 – Avalon Technology Inc. (Avalon), a provider of full lifecycle single-source mobile computing and communications solutions, today announced it has named Michael Mansouri as Avalon’s Chairman of the Board. Mr. Mansouri is commissioned with guiding the company through its next high-growth phase and expanding Avalon’s mobile and security practices into key market segments worldwide.
Mansouri is a veteran senior executive with more than 25 years experience in the global data communications and information systems industries. Most recently, as President and CEO of OmniTrust Security Systems, Mansouri established the company as an internationally recognized leader and negotiated its sale to Heisei Denden of Japan.
Prior to OmniTrust, as Chairman and CEO of iPass, Mansouri quadrupled the company’s revenue in less than 3 years and initiated the industry’s first wireline and wireless global broadband offering with Cisco partnership, and raised $75 million in VC and strategic funding which resulted in successful IPO in 2003. “We are thrilled to have Mr. Mansouri as a part of our winning team at Avalon,” said Irv Rodrigues, President and CEO of Avalon. “Mr. Mansouri is a seasoned executive with proven industry experience. His vision, level of expertise, and proven success is exactly what we need to drive Avalon’s expansion into the global market,” added Irv Rodrigues.
“I am proud to join Avalon during this exciting time of record growth and landmark success for the company,” said Michael Mansouri, Avalon’s Chairman of the Board. “Avalon has established itself as a recognized leader in mobile computing and communications in the U.S. and its now time to take them to the next level. I look forward to ramping-up our success as we open new markets abroad and further accelerate our position as a global leader in the mobility management and securities industries,” added Michael Mansouri.
Irv Rodrigues and Michael Mansouri have been building shareholder value together for over 20 years in four different companies. Avalon currently has an established base of business in the U.S. in Federal and commercial markets and has projected an annual revenue of $15 million for 2008.
About Avalon Technology, Inc.
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About Michael Mansouri
Avalon Technology, Inc.