MIAMI, Nov. 27, 2002 (PRIMEZONE) -- Today E-Rex, Inc. (OTCBB:EREX) announced the appointment of Katherine Pacheco to the E-Rex Advisory Board. Ms. Pacheco has over 25 years of experience in engineering, R&D, marketing and product management, and excels at structuring business plans for the commercialization of advanced technologies.
"Our Advisory Board plays a very active role in building our company," stated Carl Dilley, E-Rex's President and CEO. "Katherine's background in technology, business and start-ups is unparalleled and her participation as an active advisor to E-Rex provides the company with additional credibility, contacts and resources."
Ms. Pacheco has over 25 years of extensive experience in the high tech computer industry. She began her career as an Electrical Engineer working for Hughes Aircraft as a member of the team developing communication satellites and missile control computers for the Trident submarine. Later, Katherine spent over 13 years with Digital Equipment Corporation holding a variety of senior management positions where she developed a $100 million business for Digital by developing several strategic business and partnering relationships within the industry. After leaving Digital, Katherine founded a regional software consulting firm. As CEO and Chairwoman, she developed strategic relationships with Microsoft, establishing her firm as the key software partner in the region, as well as winning numerous industry awards for the growth and success of the company. After growing the firm to a value of $50 million dollars and over 500 employees, she sold the firm to Cambridge Technology Partners. Katherine holds a BSEE from California State University and an MBA from Seattle University. Ms. Pacheco is the sister of Joe Pacheco, one of E-Rex's directors and its Chief Operating Officer.
"E-Rex's new mobile office technology, Dragonfly, is leading the way as the first truly complete device for the document-centric mobile professional," stated Ms. Pacheco. "I look forward to helping E-Rex capitalize on the potential markets for its products and solutions."
Dragonfly Field Testing Program Update
The field-testing program is designed to gather product feedback from top organizations in the insurance, real estate, transportation, medical, and field sales and service sectors, as well as agencies in government and law enforcement. This data will be used to enhance Dragonfly's marketability to future partners. Several potential alliances in the computer hardware, peripheral and wireless market segments will also participate in the program, including Verizon Wireless, Sprint PCS, Nextel, Sierra Wireless, Southern LINC and Microsoft.
The field-testing program has been scheduled to commence after the 2002 holiday season. "Once we reviewed the timing with our field testers and potential partners we realized that it would be better overall to begin the program un-interrupted after the New Year," stated Mike Balduzzi, Executive Director Business Development, E-Rex, Inc.
"We are working closely with E-Rex and our component and case suppliers to complete the new updated field test units as quickly as possible," stated Paul MacPherson, Valcom's President. "These updated prototypes will incorporate a new larger screen, refinements to the external case design, and several other enhancements resulting from feedback during CTIA and Microsoft's Developers Conference."
Shareholder Conference Calls
E-Rex is presently scheduling a series of shareholder information conference calls. For additional details on how to participate please call Investor Relations at 305-895-3350 or send an email with your full contact information to investor@e-rex.net.
About E-Rex, Inc. and Dragonfly
A Microsoft Windows Embedded Partner, E-Rex, Inc. is a development stage technology company dedicated to the future production of user-friendly smart devices and direct information and Internet access products targeted at the mobile and wireless enterprise market.
Awarded Best of Show at Planet PDA 2002, The Company is presently developing Dragonfly. The first Windows powered mobile device combining wireless access to the Internet and e-mail integrated with built-in color printing, scanning, faxing and copying capabilities. Its features allow mobile workers to stay connected to mission-critical data while providing the added ability to scan in images and output photos and documents on plain paper and in full color. Additional details on the Company and Dragonfly can be found online at http://www.e-rex.net.
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the Securities and Exchange Act of 1934 and is subject to the safe harbor created by these sections. E-Rex, Inc. assumes no obligation to update the information contained in this press release. Certain information included herein may contain statements that are forward-looking, such as statements relating to plans for future expansion and other business development activities as well as operating costs, capital spending, financial sources, and the effects of competition. Such forward-looking information is subject to changes and variations which are not reasonably predictable and which could significantly affect future results. Accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Company.