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DIRECT WIRELESS COMMUNICATIONS, INC. ANNOUNCES BOARD AND MANAGEMENT CHANGES
WACO, TEXAS - (Send2Press Newswire) - October 27, 2003 -- Direct
Wireless Communications, Inc. (OTC Bulletin Board: DWCM), today
announced the resignation of Dr. Bill G. Williams as Chairman and CEO of
the Company effective October 23, 2003.
Dr. Williams in a letter to the company stated, "As you know, being in
charge of a public company is a very complicated and time consuming
occupation. People who run public companies must have the time,
motivation and management knowledge to take the company to its fullest
potential. While I certainly believe that I have most of these
attributes, due to the complexity of the genomic technology and the fact
that I have other interests that are very time consuming, I realized
that I was not going to have the amount of time I believed was required
to run a public company of this magnitude."
The Board of Directors immediately appointed Stephen D. Barnhill, M.D.,
current President and Medical Director of the Company, to serve as the
company's new Chairman and Chief Executive Officer.
Stephen D. Barnhill, M.D., is a Physician trained in Laboratory
Medicine/Clinical Pathology and a Pioneer in the development of
Artificial Intelligence and Pattern Recognition Computational Techniques
used in Medicine, Genomics, Proteomics, Diagnostics and Drug Discovery.
Dr. Barnhill is a co-inventor on the first neural network patents used
in medicine, which were acquired by Johnson & Johnson. He is also the
inventor of the first support vector machine patents used in medicine
for genomic discovery. Dr. Barnhill founded and was CEO of the Barnhill
Clinical Laboratories, which was acquired by Quest Diagnostics.
Upon accepting his appointment as Chairman and Chief Executive Officer,
Dr. Barnhill said, "We appreciate Dr. William's contributions to the
Company and wish him every success in his future endeavors."
Dr. Barnhill continued, "In the very near future we will be announcing
the addition of a number of new Executive Officers, Directors, and
Scientific Advisors to the Company as we continue the transition from a
wireless communications company to a full service health discovery
company, providing pharmaceutical and diagnostic companies worldwide
with the tools necessary for identifying novel proteins and pathways
critical to diagnosing and treating patients with devastating diseases
like cancer, heart disease, obesity and AIDS."
Organization Website: www.dwcell.com
Source of News:
Direct Wireless Communications, Inc.
Find More Stock Info, Charts, News on OTC BB: DWCM
Yahoo!® Finance (DWCM.OB)
Texas Technology Newswire
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Previous News from Direct Wireless Communications, Inc.
Oct. 2, 2003
RAMANANDA K. MADYASTHA, M.D., PH.D., AWARD WINNING CANCER RESEARCHER NAMED TO DIRECT WIRELESS COMMUNICATIONS SCIENTIFIC ADVISORY BOARD
Sept. 25, 2003
DIRECT WIRELESS COMPLETES ACQUISITION OF THE BARNHILL GROUP
Sept. 18, 2003
DIRECT WIRELESS COMMUNICATIONS HOSTS RECEPTION FOR 15TH ANNUAL GENOMIC SEQUENCING AND ANALYSIS CONFERENCE HELD BY THE INSTITUTE FOR GENOMIC RESEARCH (TIGR) IN SAVANNAH, GEORGIA
Sept. 9, 2003
DR. KARY MULLIS, NOBEL PRIZE WINNING CHEMIST NAMED TO DIRECT WIRELESS COMMUNICATIONS SCIENTIFIC ADVISORY BOARD
Sept. 3, 2003
DR. HERBERT FRITSCHE PRESENTS CANCER DISCOVERY AT INTERNATIONAL CANCER MEETING
Sept. 2, 2003
DIRECT WIRELESS ENTERS INTO A LETTER OF AGREEMENT TO ACQUIRE FRACTAL GENOMICS
August 26, 2003
DIRECT WIRELESS ENTERS INTO A LETTER OF AGREEMENT TO ACQUIRE THE BARNHILL GROUP
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