With Corporate Turnaround Complete, Simon Moss Resigns to Pursue a New
Opportunity; Avistar Appoints Bob Kirk as New CEO
Avistar Communications Corp., a leader in unified visual communications
solutions, today announced the resignation of its CEO Simon Moss. With
the company having successfully completed its strategic, financial,
product redesign and market repositioning during the last 18 months
under Mr. Moss’s leadership, he has decided to follow his career
objectives and to move on to a new endeavor.
“I was brought in to turn the firm around and we have been successful in
achieving that goal. I am incredibly proud of what we have achieved –
addressing difficult corporate challenges in the most difficult of
economic circumstances – and incredibly proud of the team, the
technology and the company we have built. But I am a turnaround
specialist, and with Avistar progressing well and after approaching the
company, we agreed to build a transition plan and put new leadership in
place. I want to thank the team and Board, many of whom I consider
friends, for such incredible hard work that enabled us to be successful
and build a strong foundation for the future,” said Mr. Moss.
Dr. Jerry Burnett, Chairman, stated “Simon successfully resolved, in
short order, fundamental challenges that held the firm back. He was
brought in to turn the company around and the results were exceptional
in successfully positioning us for the future. This is Simon’s forte,
and he will now continue his career with greater opportunities. We wish
him well, will miss him and thank him for the excellent results in
resolving the challenges we faced.”
Additionally, Avistar announced the appointment of Bob Kirk as the
company’s new CEO. Bob has 30 years of experience in management,
marketing, sales, business development and most importantly, growing
companies. Bob most recently served as the CEO of ChoicePay prior to its
sale to Tier Technologies. Previously to ChoicePay, Bob served as CEO of
VICOR, Inc. where he grew revenue by 50% (CAGR) which lead to VICOR’s
successful sale to Metavante Corporation.
Dr. Burnett stated, “Bob is an accomplished executive with an impressive
track record for delivering growth and value to shareholders. Several of
Avistar’s board members have known Bob for over a decade and are excited
to see him lead the company to its next stage of growth and success.”
About Avistar Communications Corporation
Avistar (AVSR.PK)
is an innovation leader in the unified visual communications industry,
providing proven business-class desktop videoconferencing technology.
Avistar's installations include more than 100,000 committed desktop
seats worldwide, bringing together business users anytime and anyplace.
Companies such as IBM, LifeSize, Logitech, Polycom and Sony use Avistar
technology to power their unified communications solutions. Avistar also
works with leading channel partners and resellers including AVI-SPL,
CityIS, ESCO, Fontel, Datamart and Jenne in more than 40 countries. For
more information, please visit www.avistar.com.
Avistar
Angela Smith, +1 650-525-3388
asmith@avistar.com
or
Birnbach
Communications for Avistar
Margaret Bonilla, +1 603-548-0693
mbonilla@birnbachcom.com
