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BRAUN JOINS FANTASTIC

The Board of The Fantastic Corporation has elected a new CEO with an extensive international backgound


ZUG, Switzerland - 10th January 2000 - The Fantastic Corporation, a global leader in broadband multimedia solutions, today announces the appointment of Reto Braun as Chief Executive Officer. Reto Braun takes the place of Peter Ohnemus, who will continue to serve the Company as Vice-Chairman of the Board of Directors. Subject to shareholder approval, Reto Braun will also join the Board of Directors of The Fantastic Corporation as Chairman, taking the place of Giorgio Ronchi, who will remain with the Company as a member of the Board.

Reto Braun, 58, was educated in Switzerland, France and England, and has an extensive background in managing and developing global companies. Fantastic`s Chairman, Giorgio Ronchi, said: "Our prime candidate was Reto Braun, whom I have known since 1965. His credentials in the industry, his experience in running large companies, and his international background, made him our first choice. We are delighted that Reto has accepted our offer."

Up to 1993, Reto Braun spent 24 years with Unisys (a combination of Burroughs, Sperry, Memorex and other IT companies), where he held numerous positions in the information services and computer industry. He was a Director, President and Chief Operating Officer of Unisys Corporation, an $ 8 billion world-wide technology company, with a research and development budget of over $ 800 million.

From 1993 - 97, Reto Braun headed the Canadian Moore Corporation as Chairman and CEO. In 1996 sales of the Corporation were US $ 2.5 billion, in over 50 countries.


FLASH
Wednesday, 3/14/01 In June 1998, Reto Braun was elected to the position of CEO of the Swiss Post, the largest organisation in Switzerland, with over 40.000 employees and revenues of 5.6 billion Swiss Francs. Braun has been instrumental in expanding the Swiss Post`s strategy internationally, as well as introducing e-commerce services.

Reto Braun said: "An offer to lead a company like The Fantastic Corporation is a once-in-a-lifetime opportunity. I am particularly attracted to the Company for its leading edge technology and its global outlook. The Fantastic Corporation also has an immense market available, representing the convergence of the telecommunications, broadcasting and internet markets. It`s wonderful to assume the leadership of a company like Fantastic at a time of increasing success and opportunity. I look forward to working with Peter Ohnemus, the Board, the Fantastic management team, the employees, partners and customers. I am also pleased to be able to leverage my world wide contacts in the industry."

Peter Ohnemus will continue with The Fantastic Corporation in the capacity of Vice-Chairman of the Board, with particular focus on strategic customers and partners. He will continue to play a major role in the general expansion of The Fantastic Corporation. Peter commented: "The last three years have been extremely hard work for all of us. My doctors have advised me to reduce my workload, and to travel less. I will continue to be involved with Fantastic, knowing full well that Reto has the capability and drive to lead the Company to new heights. I`m really happy to hand over to such an experienced successor."

Braun resides in Switzerland with his wife, and has two grown children. He is a Director of the Paine Webber Group Inc. in New York and serves on the International Advisory Board of the Stanford Computer Industry Project.

The Fantastic Corporation, publicly listed on the Frankfurt Stock Exchange, is a global provider of end-to-end broadband multimedia broadcast solutions. Fantastic`s visionary leadership, partnerships and unparalleled software solutions are empowering exciting delivery models and driving the broadband market to its next evolution. Fantastic`s solutions enhance the sensory experience by merging the quality, emotion and reach of television with the interactivity and intelligence of the Internet. Fantastic`s global partners include BT, Telecom Italia, Deutsche Telekom, NTT, Loral Space and Communications, Reuters, European Medical Network, Lucent Technology, Intel, Commerce One, Singapore Press Holdings and Inktomi. The Fantastic Corporation is headquartered in Zug, Switzerland, has regional headquarters in San Francisco and Singapore and offices in nine additional key markets.
 
aus der Diskussion: fantastic: eine sehr gute Chance !!!! KZ 1 Euro bis Jahresende ..wer wettet mit ??
Autor (Datum des Eintrages): broker*709  (27.01.02 20:54:46)
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