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CAMRIVOX NAMES MALCOLM WOOD CEO
Cambridge, England, 16th August 2006 - Camrivox, a developer of VoIP (Voice over Internet Protocol) equipment targeted at consumers and the SME sector, has announced the appointment of Malcolm Wood as CEO.
Malcolm will oversee the company’s expansion and strategy to broaden its range to drive further growth of products and revenue generating services based on its innovative platform.
“I am excited to be part of this dynamic company with world leading technical and engineering capabilities at a time of huge market interest in VoIP, said Malcolm. “I am extremely impressed with the company’s products and roadmap and the team assembled to date. I look forward to helping the company realize its potential to be a major player in the VoIP market.”
Malcolm has over 30 years experience in the electronics and communications industry in senior management positions in Europe and USA. Malcolm started his management career at Marconi, from there he joined the management-buyout team at Airtech, as Managing Director, who later took the company to an AIM listing in 1996 following growth from £5m to £25m. He moved to America with Airtech to spearhead the international development of the company in the US, China, Korea, and Malaysia.
Malcolm left Airtech to join ADC Telecommunication where he performed a turnaround function as President of the loss-making ADC Wireless division in San Diego which was subsequently sold. In 1999 Malcolm joined US based start-up Littlefeet as CEO in the dotcom era where he raised $40m. Littlefeet did not reach its objectives as a company due to technical and market difficulties experienced by many companies at that time. Following this Malcolm ran the sales, marketing and the strategy arm of WFI Inc. a 2000 man $300m turnover outsourcing company which, based on performance, added $200m to its market capitalization. Malcolm returned to the UK in 2005.
Founded in Cambridge by a highly-experienced team, Camrivox simplifies Internet telephony by delivering easy to use, high functionality, low cost products for home and small business customers. By being simple to install and use, the company’s products will help keep operator support costs low and drive mass market adoption of VoIP (predicted by IDC Research to reach 100 million subscribers by 2008). Camrivox’s products will also provide innovative features that take advantage of the potential of VoIP, going beyond the simple products currently available.
Nick Daines, NDMC
Tel: +44 (0)115 8412109, Mobile: +44 (0)7958 534731
David Moorhouse, Camrivox
Tel: +44 (0)1223 750 050
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