SCOTTSDALE, AZ, Oct. 1 /PRNewswire-FirstCall/ - On4(TM) Communications, Inc. ("On4(TM)") (OTCBB:ONCI - News), a leading provider of Public Safety, Personal Asset and is pleased to announce the appointment of Gord Jessop BA (Econ.), RI(BC) as President and Chief Operating Officer.
Mr. Jessop succeeds Mr. Cameron Robb as President. Mr. Robb has overseen the development of On4(TM) since its inception and will remain as Chairman of the Board and Chief Executive Officer of the Company. Mr. Jessop is one of the original founding partners of On4(TM) and brings to On4 an extensive business background ranging from Finance, Economic Analysis and Consumer Goods. Mr. Jessop is a graduate of Simon Fraser University, the University of British Columbia and the British Columbia Institute of Technology.
In his new position, Mr. Jessop will be responsible for the growth and strategic direction of On4(TM)'s global business, overseeing the addition of management, marketing and technical aspects of the company. "I am pleased that Gord will be part of our management team. He has always been an important part in the success of On4(TM) and he will be instrumental in the near term roll out of our location based asset tracking solutions under the Smith & Wesson brand," commented Mr. Robb.
Mr. Jessop assumes his position at On4(TM) during a time of heightened demand for its commercially ready to launch branded tracking solutions. Mr. Jessop continued by saying "This is an opportunity that I am very excited about. I have always been a strong believer in the potential of the LBS (Location Based Services) market. Asset and people tracking has seen an enormous growth with the introduction of GPS based technology and is one of the fastest growing segments in the telecommunications industry. On4(TM) is very well positioned to become a prominent player in this market."
On4(TM) Communications is a globally diversified Location Based Services (LBS) company with offices in Scottsdale, Arizona; in Richmond, British Columbia and representation in China. On4 is a leading provider of Public Safety, Personal Asset and Healthcare location based asset tracking and monitoring services. The company is currently in the process of designing, developing, and marketing personal LBS devices that are intended to provide tracking and location monitoring for people, animals and property of any other nature. Specific applications may include offender monitoring, elderly, medical, teens and children tracking, public safety officers, executives, cars, tracks, motorcycles, aircraft, boats, personal watercraft, ATVs, equipment, cargo, tools, trailers, electronic equipment, retail goods, and consumer goods in transit.
On4 will utilize numerous technologies, including but not limited to CDMA, GSM, GPS, E911, A-GPS, radio frequency and beacon technology. On4's leading edge technology leverages global positioning system satellites and wireless technology enabling its network of members to locate anyone or anything to which our device is attached in real time.
Cautionary Statement Relevant To Forward-Looking Information
This press release may contain certain "forward-looking statements" relating to the business of On4 Communications, Inc. (the "Company") and its subsidiaries. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding: the general ability of the Company to achieve its commercial objectives; the business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. Words such as "anticipates," "expects," "plans," "projects," "believes," "seeks," "estimates," and similar expressions are intended to identify such forward-looking statements. The statements are based upon management's current expectations, estimates and projections, are not guarantees of future performance, and are subject to a variety of risks, uncertainties and other factors, some of which are beyond the Company's control and are difficult to predict, including those discussed in the Company's periodic reports that are filed with the SEC and available on its website (http://www.sec.gov). You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Unless legally required, On4 Communications, Inc. undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE On4 Communications, Inc.