ANXeBusiness Appoints Alexander J. Preston as CEO
25 August 2000
ANXeBusiness Appoints Alexander J. Preston as CEO
DETROIT, Aug. 25 ANXeBusiness Corp, the innovator of
secure and reliable eBusiness collaboration in a multi-provider environment,
today announced that it had selected Alexander J. Preston as its chief
executive officer. Preston will be responsible for overseeing the rapid
development and implementation of ANXeBusiness' unique and comprehensive
Web-based tools and applications riding on the ANX(R) network.
"We are delighted that Alex Preston is joining us," said John Glancy,
chairman of ANXeBusiness Corp. "His experience in the automobile industry,
especially supply chain management, and his expertise in collaboration
software will greatly benefit our company at this stage of our accelerating
expansion."
Preston joins ANXeBusiness after serving as vice president, supply &
logistics, of Visteon Corporation, a leading supplier of automotive technology
systems. Prior to his employment with Visteon, Preston held leadership
management positions in Process Re-engineering and Computer Integrated
Engineering & Manufacturing within Ford Motor Company.
"Alex Preston will contribute greatly to affording ANX(R) subscribers the
competitive edge in the marketplace by streamlining the way that they conduct
business," continued John Glancy. "He is well recognized for his initiatives
and achievements in this area."
ANXeBusiness' subscribers are provided access to a managed network for
eBusiness, offering companies reliable service, predictable performance and
secure communications, with seven-days-a-week, 24-hour-a-day customer care
support. ANX(R) service operates independently of the public Internet while
using the same industry standard TCP/IP communication protocols. Its unique
architecture gives companies a choice of providers for all core services and
assures interoperability, replacing complex legacy networks and facilitating
the re-engineering of supply chains.
Through a variety of partnerships, ANXeBusiness also now offers complete
eBusiness solutions delivered by integrating certified hosting and
applications with the existing managed network. These solutions can be
accessed through the ANX(R) portal. For information on subscription to ANX(R)
service, please contact ANXeBusiness' Customer Care Center by telephone
877-488-8ANX, or by e-mail anxccc@saic.com . Additional information is
available at http://www.anxnow.com .
ANXeBusiness Corp is a wholly owned subsidiary of SAIC (Science
Applications International Corporation). In December 1999, SAIC purchased the
ANX(R) network's assets and operations from the AIAG (Automotive Industry
Action Group). Through its significant resources, SAIC is accelerating the
development of ANX(R) services and infrastructure, ultimately making
ANXeBusiness the world's premier provider of reliable and secure Web-based
integrated business solutions.
SAIC is the nation's largest employee-owned research and engineering
company, providing information technology, systems integration and eBusiness
products and services to commercial and government customers. SAIC engineers
and scientists work to solve complex technical problems in telecommunications,
national security, health care, transportation, energy, the environment and
financial services. With annual revenues exceeding $5.5 billion, SAIC and its
subsidiaries, including Telcordia Technologies, have more than 41,000
employees at offices in more than 150 cities worldwide. More information
about SAIC can be found on the Internet at http://www.saic.com .
Statements in this announcement other than historical data and information
constitute forward-looking statements that involve risks and uncertainties. A
number of factors could cause our actual results, performance, achievements or
industry results to be very different from the results, performance or
achievements expressed or implied by such forward-looking statements. Some of
these factors include, but are not limited to, the risk factors set forth in
the Company's Annual Report on Form 10-K for the period ended January 31,
2000. Due to such uncertainties and risks, readers are cautioned not to place
undue reliance on such forward-looking statements, which speak only as of the
date hereof.