Science & Technology
Science and Technology
Science and Technology
Tue, February 3, 2009
Exobox Promotes Kevin Regan to President and Chief Operating Officer
HOUSTON--([ BUSINESS WIRE ])--Exobox Technologies Corp. (OTCBB: EXBX), an information risk management and security solutions provider, today announced the promotion of Kevin Regan to president and chief operating officer. Robert Dillon, who previously served as president, CEO, and chairman of the board, will continue as Exobox CEO and chairman of the board and shareholder, providing leadership and long term strategy.
Regan was appointed as chief operating officer in December 2008 and has been instrumental in leading the company towards it upcoming initial product launch scheduled for spring 2009. Dillon says Regan was chosen as the new president because of his extensive track record in managing publicly traded companies for growth and profitability, launching new products and services into the market, and creating operational excellence.
"Kevin has been instrumental to the early-stage success of Exobox and has clearly demonstrated his ability to move our company forward in a positive direction from both an operational and strategic standpoint," said Dillon. "I am confident that he will do an outstanding job of leading the Exobox team as we prepare to launch our first product and progress into a pivotal phase of the company's growth."
Regan has been involved with Exobox since 2007, working to help the company with its January 2008 $2.95 million Private Placement Memorandum. He also helped select and recruit key Exobox management team members, Chief Technology Officer Ted Ernst and Senior Vice President of Sales and Marketing Gary Leibowitz, and managed the opening of the Exobox corporate offices in Houston, Texas.
Regan currently sits on the board of directors of Powers Industrial Group, Inc., a national distributor of warehouse handling and inventory management equipment. Prior to joining Exobox, he was the founder and managing member of Genesis Financial Group, providing corporate finance, merger and acquisition advisory services. He also served as president of Performance Sound & Light, Inc., a provider of audio/visual design-build and entertainment management services to the U.S. Military. Regan holds a Bachelor of Science degree in economics from the University of Houston.
About Exobox
Exobox Technologies Corp. develops information risk management and security solutions that help organizations protect and recover their most valuable information assets. It is committed to its vision to create a more secure environment for the information-centric community through the development of new technologies and security services. Exobox was founded in 1999 and is headquartered in Houston, Texas. For more information on Exobox, visit [ www.exobox.com ].
Safe Harbor Statement: The statements in this release that relate to future plans, expectations, events, performance and the like are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Actual results or events could differ materially from those described in the forward-looking statements due to a variety of factors, including the lack of funding, inability to complete required SEC filings, and others set forth in the Company's report on Form 10-K for fiscal year 2008 filed with the Securities and Exchange Commission.
