Yoshihiro Aota to Remain COO, and President and CEO of AJOL Subsidiary
ORANGE, Calif., April 26 /PRNewswire-FirstCall/ -- PPOL, Inc.
(OTC Bulletin Board: PPLC) today named Peter L. Pomeroy, 50, to the position
of President, succeeding Yoshihiro Aota who will focus on the integration of
the company's growth strategy as President and CEO of its AJOL subsidiary,
while retaining the position of Chief Operating Officer and remaining a
Director of PPOL.
"We are delighted to have an executive with Mr. Pomeroy's industry
experience and accomplishments join PPOL as President," stated Nobuo Takada,
Chairman and Chief Executive Officer of PPOL. "He is entrepreneurial and a
leader with a history of accomplishments in finance, sales, marketing and
business development. His professional background makes him ideally suited to
build alliances in the U.S. with promising technology firms to advance our new
growth strategy."
Mr. Takada continued, "PPOL has made exceptional progress under Yoshihiro
Aota's direction, and we thank him for his hard work and dedication. We are
pleased that he will remain our COO and look forward to continued growth at
our AJOL subsidiary under his leadership."
Peter Pomeroy joins PPOL with more than 26 years of progressive management
experience, with a focus on the technology sector for the past 10 years. Most
recently he served as a business consultant to early stage Silicon Valley
startups. Prior to consulting he was Chief Financial Officer of hereUare
Communications, a provider of "WiFi" Internet access, authentication,
authorization and settlement services at public wireless "hot spots." Earlier
he was Chief Financial Officer of Cacheon, an Internet software company whose
products enabled unified computing and communications over a peer-to-peer
architecture. Mr. Pomeroy received a BA in Quantitative Economics from the
University of California Santa Barbara, and an MBA from the Wharton School at
the University of Pennsylvania.
Commenting on his appointment, Mr. Pomeroy said, "I am particularly
pleased to join PPOL at this juncture to help realize an aggressive growth
strategy and build new revenue streams leveraging the strength of its
subsidiary, AJOL."
About PPOL
PPOL, Inc. is a California-based holding company whose primary asset is
AJOL of Tokyo, Japan. AJOL sells proprietary multi-functional
telecommunications equipment and runs the on-line network service Pan Pacific
Online. Through the use AJOL's MOJICO hardware, members can network and
communicate using hand-written Japanese characters, including Kanji whose full
meaning cannot be adequately communicated through the present fonts of a
computer, and can access an on-line service that includes a bulletin board
service, a mail service, an information exchange service, ticket sales and
more. Members across Japan use the service to find other subscribers to
establish interpersonal relationships, submit invitations, product
advertisements or help-wanted ads, among other uses. In addition, under the
Kamome brand AJOL intermediates the sales of a wide range of products
manufactured by others to its members. Similar to a co-op, all Kamome-branded
products must pass AJOL's strict quality control criteria prior to sale to
AJOL members.
Certain information contained herein includes information that is
forward-looking. The matters referred to in forward-looking statements may be
affected by the risks and uncertainties involved in the Company's business.
These forward-looking statements are qualified in their entirety by the
cautionary statements contained in the Company's Securities and Exchange
Commission filings. Shareholders, potential investors and other readers are
urged to consider these factors in evaluating the forward-looking statements
and are cautioned not to place undue reliance on such forward-looking
statements. The forward-looking statements included herein are only made as
of the date of this news release, and PPOL undertakes no obligation to
publicly update such forward-looking statements to reflect subsequent events
or circumstances, except as required under applicable laws.
Investor Relations Contacts:
Ina McGuinness/Zachary Bryant
zbryant@lhai.com
Lippert/Heilshorn & Associates
(310) 691-7100
SOURCE PPOL, Inc.
back to top
CONTACT: Investor Relations - Ina McGuinness or Zachary Bryant, zbryant@lhai.com, both of Lippert-Heilshorn & Associates, +1-310-691-7100, for PPOL, Inc.
|