Ai-Logix Names New Vice President of Finance & Administration
Somerset, NJ – (February 11, 2004)— Ai-Logix, Inc. is pleased to announce the appointment of John R. Gengler as its new Vice President of Finance and Administration. Mr. Gengler was promoted to the position on January 12, 2004, after serving as the company’s controller since 2002. He succeeds Mark Ringel, who has accepted a promotion with Ai-Logix’s sister company, Aitech Space Systems, Inc., a supplier of computer systems for defense, space and video applications. Mr. Gengler will be responsible for all of the company’s financial and administrative processes including budgeting, accounting, audit activities and oversight of investments; as well as personnel systems and administrative operations.
Mr. Gengler began his career more than 25 years ago as an auditor with Price Waterhouse, and has since established a broad background in finance and administration within a diverse range of industries. Mr. Gengler’s financial and business acumen has earned him an accomplished reputation for transforming companies into more productive and profitable entities within short periods of time.
Mr. Gengler is a member of the New York State Society of CPAs. He holds a Bachelor of Science degree in Business Administration from the State University of New York at Oswego.
About Ai-Logix, Inc.
Ai-Logix, Inc., Somerset, NJ, is a leading provider of advanced voice recording technology and integration cards for the call recording and voice/data logging industries. Ai-Logix is the only card supplier on the open market to maintain products in all segments of the industry including: passive analog trunk interface cards, passive digital trunk interface cards, passive digital PBX telephone integration cards as well as terminate card solutions. For more information, please visit www.ai-logix.com, or call 732-469-0880.
Statements concerning AudioCodes’ and Ai-Logix’s business outlook or future economic performance; product introductions and plans and objectives related thereto; and statements concerning assumptions made or expectations as to any future events, conditions, performance or other matters, are "forward-looking statements'' as that term is defined under U.S. Federal securities laws. Forward-looking statements are subject to various risks, uncertainties and other factors that could cause actual results to differ materially from those stated in such statements. These risks, uncertainties and factors include, but are not limited to: the effect of global economic conditions in general and conditions in AudioCodes’ and Ai-Logix’s industry and target markets in particular; shifts in supply and demand; market acceptance of new products and continuing products' demand; the impact of competitive products and pricing on AudioCodes’ and Ai-Logix’s and its customers' products and markets; timely product and technology development/upgrades and the ability to manage changes in market conditions as needed; and other factors detailed in AudioCodes’ filings with the Securities and Exchange Commission. Neither AudioCodes nor Ai-Logix assumes any obligation to update the information in this release.
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