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NORCROSS, GA – February 27, 2008 – Simtrol, Inc. (OTCBB: SMRL), a leading device management software company, today announced that Ms. Lee D. Wilder has joined its Board of Directors.
“Lee brings a wealth of analytical, investment banking and mergers and acquisition experience to Simtrol. These skills will be of tremendous value to us as we grow the company. We are delighted Lee has joined our Board and are confident she will bring value to our shareholders”, said Dallas Clement, Simtrol’s Chairman.
“I have spent a great deal of time analyzing Simtrol’s market opportunity, technology, and the competitive landscape and believe the company has a tremendous opportunity, superior technology, and an exceptional management team in place to execute the strategic plan. I look forward to helping Simtrol capitalize on its numerous opportunities”, commented Lee Wilder.
Ms. Wilder has served as a research analyst and officer for The Robinson-Humphrey Company, J.C. Bradford & Co., Wachovia Securities, and SunTrust Bank. She was recognized by The Wall Street Journal as an all-star analyst in 1993, 1994 and 1999 and was among the most widely known stock analysts covering consumer products companies in the Southeast until she established Wilder Advisory Services in 2000 to serve the advisory needs of public and private companies. Ms. Wilder, a Chartered Financial Analyst, is a graduate of Duke University and Georgia State University, where she received her MBA in finance, summa cum laude.
Simtrol’s software revolutionizes the expanding device control and management industry, enabling applications to efficiently utilize disparate audio, video and other media-rich digital devices. The software provides clients more flexibility, improved functionality, unlimited scalability, easy deployment, and significantly lower costs versus proprietary, hardware-centric solutions in the market today.
About the Company
Simtrol, Inc. is the leading provider of software based device management solutions that tie devices to applications using open standard interfaces. This revolutionizes the expanding device control and monitoring industry by using proven open architecture to give clients more choices, improved functionality, unlimited scalability, easy deployment, and better pricing. The Company’s products are used in a number of vertical markets including healthcare, security, education, digital signage, retail, hospitality, business and government. Simtrol sells to a number of Fortune 1000 corporations, government entities, educational systems and other end users through OEM partnerships, professional system integrators, value added resellers (VARs) and other distributors who are supported by the Company’s sales and technical support staff. For more information about Simtrol, please visit www.simtrol.com.
Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future business development activities, and are thus prospective. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company’s financing plans; (ii) trends affecting the Company’s financial condition or results of operations; (iii) the Company’s growth strategy and operating strategy; (iv) the Company’s new or future product offerings. The words “may,” “would,” “could,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” “plans,” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control. Actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Among the key risks, assumptions and factors that may affect operating results, performance and financial condition are liquidity and other capital resources issues, fluctuations in its quarterly results, competition and the other factors discussed in detail in the Company’s filings with the Securities and Exchange Commission.
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