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Home - Business Briefs
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Business Briefs

by Reily Gregson April 30, 2001
written by Reily Gregson April 30, 2001 Share
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Iridium Satellite L.L.C. appointed Gino Picasso president and chief executive officer. Picasso previously was president and chief operating officer of Ace*Comm Corp., a provider of operations support systems software. Dan Colussy, who headed up the team of investors that purchased and reorganized Iridium, will serve as chairman.

Qwest Communications International Inc. named Annette Jacobs, former president of the Great Lakes region for Verizon Wireless, executive vice president of Qwest and president of Qwest Wireless. She replaces Peter Mannetti, who is leaving to pursue other interests, Qwest said.

Winstar Communications Inc. announced Nasdaq delisted the company’s securities at the opening of business April 26. In light of Winstar’s recent filing for Chapter 11 bankruptcy, the company does not plan to appeal the decision.

Following the March launch of the BitFlash Mobility Suite, BitFlash Inc. received $15.45 million in venture-capital funding, which according to chief executive officer Antoine Paquin, “shows great confidence in BitFlash’s accomplishments to date, and future potential.” Among investors in this round of financing are: VenGrowth Capital, Skypoint Capital Corp., Working Ventures, CBC Pension Fund and co-leader BMO Nesbitt Burns Equity Partners. BitFlash said the funding will allow it to continue pursuing strategic partnerships and focus on its target market, namely content providers, systems integrators and application developers interested in wireless enterprise solutions.

Kyocera Wireless Corp. announced an agreement to supply ePhones with the Kyocera QCP(TM) 6035 smart phone. As part of the deal, ePhones will provide software installation, service activation, programming, distribution and customer support for the Kyocera smart phone. Kyocera said the deal creates a sales channel directly to business and a more rapid route for middleware and applications providers to integrate their solutions into the QCP 6035. The Kyocera QCP 6035 smar tphone is a CDMA digital wireless handset operating on Palm Inc.’s operation system.

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