DataWorld Solutions, Inc. Appoints Philip J. Rauch as its Chief Operating Officer
February 09 2004 - 1:34PM
PR Newswire (US)
DataWorld Solutions, Inc. Appoints Philip J. Rauch as its Chief
Operating Officer Company Expands Management Team to Support Growth
HAUPPAUGE, N.Y., Feb. 9 /PRNewswire-FirstCall/ -- DataWorld
Solutions, Inc., (PinkSheets: DWLD), announced today thatit has
appointed Philip J. Rauch to the position of Chief Operating
Officer, effective immediately. In this role, Mr. Rauch is expected
to help the Company expand its cable and defense products
operations. Prior to joining DataWorld, he was Vice President and
Controller, and Vice President of Business Operations of AboveNet,
Inc. (formerly Metromedia Fiber Network, Inc.), an international
network infrastructure services provider with facilities in over a
dozen US cities, Europe and Asia. "Our strategy to position the
Company for growth by hiring experienced executives with industry
experience is well served by Phil's appointment as our COO," said
Daniel McPhee, CEO of DataWorld Solutions, Inc. "His corporate,
financial and operating experience in the telecommunications,
construction and Internet industries will be invaluable in helping
us to grow each of our business units." "I look forward to working
with the DataWorld senior management team and the DWS Advisory
Board to enable the Company to assume its place as an industry
leader in both the cable assembly and defense products business,"
said Mr. Rauch. "We are well positioned for rapid growth and my
diverse experience in business operations, strategic and financial
planning, has prepared me to enhance the operations of the
Company." While at AboveNet, Mr. Rauch was responsible for business
operations, sales support, product pricing, and contract
administration, where he negotiated contracts representing over
$2.5 billion in revenue. He received the 2000 "Achievers Club" and
the 1999 "Outstanding Performance" awards from the Company in
recognition of his contributions to the organization. Mr. Rauch
began his career at AboveNet as the Director of Business Planning
where he worked on the Company's Initial Public Offering and
subsequent high-yield debt offering. Mr. Rauch has also held
positions as Vice President, Controller of Columbus Construction, a
heavy construction company with several plant facilities, as well
as Vice President and Chief Financial Officer of F. Garofalo
Electric Co., a Local 3 IBEW engineering and construction company.
Mr. Rauch earned a Bachelor of Science in Economics degree from the
University of Pennsylvania Wharton School of Business, with a
concentration in finance and accounting. He also earned a
certificate in Construction Management from the Institute of Design
and Construction in New York. A long-standing resident of Long
Island, Mr. Rauch is a member of the American Management
Association and the Construction Financial Management Association.
About DataWorld Solutions, Inc. DataWorld Solutions, Inc. is a
multi-regional manufacturer of electronic cable assemblies used in
providing connectivity solutions for customers operating a wide
range of data systems to include linking or connecting standard or
proprietary electronic devices and peripheral components from
different vendors to provide solutions for various customer
equipment configurations and requirements. DataWorld adds value by
providing connectivity solutions, which may include distributed
sales for passive components such as electronic connectors,
electronic wire and cable, cabinets and racks and patch panels, and
active components including hubs, bridges, routers, gateways and
modems. DataWorld encourages customers to discuss their unique
cabling requirements with its experienced sales/marketing support
team so that cost-effective solutions can be provided for customer
specific needs. About DWS Defense Systems, Inc. DWS Defense
Systems, Inc., a wholly owned subsidiary of DataWorld Solutions,
Inc., was created in response to the growing security concerns
expressed by the clients of DataWorld. In reaction to acts of
domestic and international terrorism, businesses are searching for
better ways to protect their buildings, and more importantly, to
better protect the people who work in or visit these locations. DWS
will offer one such solution -- high quality, state of the art
safety/security glass product applications and associated security
systems. The highly skilled DWS Defense Systems in-house team
working in collaboration with its strategic teaming partners will
design, develop, manufacture, install and market specialty
products, equipment, and systems for the safety and security needs
of all sectors of the domestic and international marketplace.
Except for historical matter, the matters in this press release are
forward-looking statements and are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
The forward-looking statements reflect assumptions, and involve
risks and uncertainties, which might affect DataWorld's business
and prospects and cause actual results to differ materially from
these forward-looking statements, which are detailed in DataWorld's
public filings with the SEC. For more information on DataWorld
Solutions, Inc. visit: http://www.dwsdefense.com/ and
http://www.dataworlddirect.com/ DATASOURCE: DataWorld Solutions,
Inc., CONTACT: Sue Fitzpatrick for DataWorld Solutions, Inc.,
+1-631-342-7567, Web site: http://www.dataworlddirect.com/
http://www.dwsdefense.com/
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