IRVINE, Calif., Dec. 13 /PRNewswire-FirstCall/ -- Gateway, Inc. (NYSE:
GTW) today announced that Lazane Smith, 52, has been appointed senior vice
president, human resources. With more than 14 years of experience in the
technology industry, Smith is an accomplished and experienced executive who
will join Gateway's leadership team and oversee all of the company's
HR-related processes and activities, including organization design and
development.
"Lazane Smith brings to Gateway outstanding experience across key
business areas, including HR, finance, strategy and IT, and a reputation
for business judgment and integrity that will significantly strengthen
Gateway's management team," said Ed Coleman, chief executive officer.
Smith spent almost 12 years at CompuCom Systems, Inc., an IT services
and solutions provider headquartered in Dallas, Texas, serving as senior
vice president, finance and CFO until 2005. She joined CompuCom as
corporate controller in 1993, was appointed CFO in 1997, and was elected to
its Board of Directors in 2001. Prior to CompuCom, Smith held a variety of
positions with several companies, including Coca-Cola Enterprises and
Abbott Laboratories. She holds a bachelor's of business administration in
accounting from the University of Texas at San Antonio. Since 2003, Smith
has been a member of the Board of Directors of Global Imaging Systems,
serving on the audit and governance/nominating committees.
About Gateway
Since its founding in 1985, Irvine, Calif.-based Gateway (NYSE: GTW)
has been offering award-winning PCs and related products to consumers,
businesses, government agencies and schools with highest quality and
service and best overall value. Gateway is now the third largest PC company
in the U.S. and among the top ten worldwide. The company's value-based
eMachines brand is sold exclusively by leading retailers worldwide, while
the premium Gateway line is available at major retailers, over the web and
phone, and through its direct and indirect sales force. See
http://www.gateway.com for more information.
Special note
This press release contains forward-looking statements that involve
risks and uncertainties, as well as assumptions that, if they do not
materialize or prove incorrect, could cause Gateway's results to differ
materially from those expressed or implied by such forward-looking
statements. All statements, other than statements of historical fact, are
statements that could be forward-looking statements, including any
projections or preliminary estimates of earnings, revenues, or other
financial items; any statements of plans, strategies and objectives of
management for future operations; the extent of seasonal changes in demand;
any statements regarding proposed new products, services or developments;
any statements regarding future economic conditions or performance;
statements of belief and any statement of assumptions underlying any of the
foregoing. The risks that contribute to the uncertain nature of these
statements include, among others, risks related to shifting our
distribution model to third-party retail; competitive factors and pricing
pressures, including the impact of aggressive pricing cuts by larger
competitors; general conditions in the personal computing industry,
including changes in overall demand and average selling prices, shifts from
desktops to mobile computing products and information appliances and the
impact of new microprocessors and operating software; the ability to
simplify the company's business, change its distribution model and
restructure its operations and cost structure; component supply shortages;
short product cycles; the ability to access new technology; infrastructure
requirements; risks of international business; foreign currency
fluctuations; risks relating to new or acquired businesses, joint ventures
and strategic alliances; risks related to financing customer orders;
changes in accounting rules; the impact of litigation and government
regulation generally; inventory risks due to shifts in market demand; the
impact of employee reductions and management changes and additions; and
general economic conditions, and other risks described from time to time in
Gateway's Securities and Exchange Commission periodic reports and filings.
Gateway assumes no obligation to update any forward-looking statements to
reflect events that occur or circumstances that exist after the date on
which they were made.
SOURCE Gateway, Inc.
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Related links: http://www.gateway.com
CONTACT: Media, David Hallisey, +1-949-471-7703, david.hallisey@gateway.com, or Investors, Marlys Johnson, +1-605-232-2709, marlys.johnson@gateway.com, both of Gateway, Inc.
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