LAGUNA NIGUEL, Calif., Nov. 04, 2003 (PRIMEZONE) -- Bitfone Corporation (www.bitfone.com), a leader in over-the-air firmware update technology for mobile devices, today announced it has expanded its management team by adding Chris Cassapakis as vice president of business development, replacing Tom Campbell who is now vice president of sales for the Americas. Additionally, Bob Thomas has been promoted to vice president of worldwide sales.
"Bitfone is experiencing rapid growth, both in customer engagements and partnerships, so we are expanding the management team to capitalize on these opportunities," said Gene Wang, chairman and CEO, Bitfone. "With a strong carrier and sales background, Chris Cassapakis brings the ideal combination of customer insight and solid, revenue-based partnerships to the business development role at Bitfone."
Cassapakis brings to Bitfone more than 22 years of international business development, management, operations and finance experience in the telecommunications and electronics industries. Cassapakis' responsibilities include establishing strategic relationships with hardware, software and consulting services suppliers in the wireless industry, developing indirect sales channels and managing Bitfone's mPact Partner Program.
Prior to joining Bitfone, Cassapakis held numerous senior management positions with Qualcomm, most recently as vice president of European Carrier Relations and Operations for the Internet Services division. In this capacity, Cassapakis was responsible for the introduction of Qualcomm's BREW(tm) to European carriers and OEMs. Prior to his employment with Qualcomm, Cassapakis was a group controller for Loral's Telemetry and Instrumentation group where he oversaw the financial management and operations of eight divisions.
Cassapakis earned a bachelor's degree in production and operations management and a master's in business administration with an emphasis in international business and industrial marketing from San Diego State University.
"Chris will help us to expand our existing strategic partnerships and identify new avenues for partnering that will compliment our technology roadmap and business objectives," continued Wang. "In addition, Bob Thomas has assumed worldwide sales responsibility to help us further our market-leading position with the enhanced, carrier-grade mProve 3.0 solution. Bob's role in the Americas has been filled by Tom Campbell, who was instrumental in building a relationship with Motorola that allowed us to close a global deal with them last quarter."
About Bitfone Corporation
Bitfone Corporation provides innovative software solutions for mobile device management. Bitfone's mProve(tm) is the wireless industry's leading technology that updates a mobile phone's core embedded firmware over the air, in a secure and fault-tolerant manner. mProve offers wireless manufacturers and carriers significant cost savings in the areas of warranty, recall and customer service, and accelerates new service adoption for mobile phones. Bitfone is a global company headquartered in Laguna Niguel, California, with offices in China, Finland, Japan and Korea. Bitfone's investors include Nokia Venture Partners, St. Paul Venture Capital, 3i, Nexit Ventures, Motorola, Inc., Orange Ventures, KTB Ventures and CIR Ventures. For more information, please visit www.bitfone.com.