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MILLVILLE, NJ - October 19, 1999 - James M. Rossi, Chairman and Chief
Executive Officer of Solar Communications Group, Inc. today announced the
appointment of Paul R. Hager as Senior Vice President of International
Business. �Paul has an exceptional background in international telecommunications
infrastructure, product introduction in emerging markets and acquisition
of venture capital,� said Rossi. �Market reach beyond the United
States is key to our goal to become an industry leader in terms of computing,
commerce, telecommunications and Internet technology for travelers.
With this being so critical to our success, I�m extremely pleased to have
an executive of Paul�s caliber on board.�
Most recently, Hager has concurrently served as a co-founder and Senior Partner of two Baltimore-based consulting companies, The Venture Group and The Bolton Group, LLC. Hager helped to found The Venture Group, a management consulting firm focusing on international business structures/strategies, in 1992 with three of his Wharton School MBA classmates. With The Bolton Group LLC, Hager specialized in designing and implementing urban real estate investment syndications. Prior to starting these two consulting firms, Hager served for eight years as the Special Assistant to the Director of the National Security Agency where he directed a staff of over 2,000 in research and capital investment activities related to international telecommunications infrastructure, including the analysis of international Information Technology needs and capabilities. Hager�s governmental and consulting accomplishments are substantial. During his career, he has secured over $100 million in venture capital for start-up companies, played a key role in the design and negotiation of a $300 million international technology development program, and wrote a decisive business plan for a Fortune 500 company that led to its entry into the lucrative Chinese market. Hager�s academic accomplishments are equally impressive. He holds an MBA in Finance from The Wharton School of Business, an MPA from Harvard University, as well as cum laude Bachelor�s Degrees in both Mathematics/Computer Science and Psychology from the University of North Carolina. In his new role, Hager will develop management offices in four regions around the world: Europe, Asia, Middle East & Africa and South & Central America in an effort to provide PCRoomLink to both Americans traveling in those regions as well as to businesspeople operating within those markets. �While telecommunications is rather advanced in the United States, we
created PCRoomLink because no one was utilizing tools like the advances
in the Internet and network systems to make business travel easier and
more productive,� said Rossi. �Around the world and particularly
in emerging markets, telecommunications infrastructure is not so advanced,
so there�s even more demand for services that assist business travelers.
We have no doubt that PCRoomLink will be just as well received around the
world as it has been here in the US.�
Solar Communications Group, Inc. seeks to become the world�s first Productivity Service Provider (PSP) by developing and marketing a web-based productivity solution entitled PCRoomLinka. This product centers on fully functional personal computers that are planned to be installed in hotel rooms throughout the world. By offering a familiar PC interface, as well as e-mail, high-speed Internet access, private on-line file storage, popular software applications (including Microsoft Office) and secure, direct links to corporate servers, PCRoomLink allows businesspeople to recreate their office environment wherever they travel. By linking their business travelers through PCRoomLink, organizations can eliminate costly laptop purchases and support services. Solar Communications Group, Inc. has entered into an agreement to merge with and into Thermaltec International Corp. (OTC BB:THRM) and, upon receipt of all necessary regulatory and shareholder approvals, expects to consummate that merger. |
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Also See | T E C H N O L O G Y NEWSTAND And NEWS you can USE / Oct 7, 1999 |
T E C H N O L O G Y NEWSTAND And NEWS you can USE / Aug 27, 1999 |