Communication Intelligence Corp. New Director Appointed
REDWOOD SHORES, Calif. — January 9, 1995 — Communication Intelligence Corp. (OTC Bulletin Board: CICI) (CIC) announced Monday the election of Philip S. Sassower as a member of its board of directors and the chairman of its finance committee.
Sassower is currently the chairman of Newpark Resources Inc., a company which provides integrated environmental services to the oil and natural gas industry in the Gulf coast region and BP Acquisition Corp., which owns the Birraporetti's restaurant chain located in the Southwestern U.S.
Sassower graduated from Queens College of New York and the Harvard Law School. He initially spent eight years on Wall Street as a registered representative of Oppenheimer and Company, and later as founder and principal of Sassower, Jacobs and Schneider, a member of N.Y.S.E. He then spent seven years as president, chief executive officer and a principal shareholder of Bates Manufacturing Company Inc., a N.Y.S.E. company with holdings in textiles and coal. Sassower is the general partner of CIC Standby Ventures L.P., the standby guarantor for the recently successfully completed $5 million rights offering by CIC.
"Mr. Sassower has extensive knowledge and experience on Wall Street, and in financing and operating a variety of businesses. He shares CIC's vision in pen computing which makes him an important addition to the CIC Board of Directors," said James Dao, chairman, chief executive officer and president of CIC. "As the Chairman of its Finance Committee, he will be a valuable advisor to me and other CIC executives. We are fortunate to have him join our Board as CIC enters into the next stage of growth."
Communication Intelligence Corp.
Communication Intelligence Corp. (CIC) develops, markets, and licenses natural input computer technology — products that use pen and image for input. Founded in 1981, CIC is the leading supplier of pen computing products to hardware manufacturers throughout the world, particularly its multilingual Handwriter (R) Recognition System and Dynamic Signature Verification (TM) software, and PenDOS (R) and PenMac (TM) pen operating environments.
CIC's intention is to preserve user investments in installed hardware and software products by allowing existing and new pen applications to operate on all major hardware and operating system platforms, including handheld and PDA systems. CIC develops and sells software and hardware for pen computing — designing all of its products with an open-architecture to encourage alliances with other companies. The company's Handwriter (R) Recognition System software is available in US and UK English, German, French, Italian, Spanish, and Japanese languages and is compatible with various operating systems. A Chinese language recognition system is currently under development.
CIC is headquarted in Redwood Shores, Calif., United States of America and has subsidiaries in Tokyo, Japan and Nanjing, China. CIC's stock is publicly traded as CICI on the OTC Bulletin Board.
Note to Editors: Company and product names used herein are trademarks or registered trademarks of their respective companies.
CONTACT:
CIC
Maurice Boucher, 604/689-8588