SOURCE: VXI Corporation

July 31, 2008 15:43 ET

VXI Corporation Announces Appointment of New CEO

ROLLINSFORD, NH--(Marketwire - July 31, 2008) - The Board of Directors of VXI Corporation, a leading manufacturer of professional headsets, today announced the retirement of Richard "Dick" Hale after ten years as President and CEO. Mr. Hale was appointed as President and CEO of VXI Corporation in 1998 and successfully grew VXI into a major player in the commercial and consumer headset markets, breaking ground for the company in both new technologies and in new markets. "Dick Hale has been instrumental in bringing VXI to a place that leaves it well positioned in the marketplace. I want to thank Dick for his outstanding service and congratulate him on a long and distinguished career," said Dodge Morgan, Chairman of VXI Corporation.

VXI Corporation also announced the appointment of Michael W. Ferguson to the position of President and CEO succeeding Mr. Hale, effective immediately. Mr. Ferguson comes to VXI with over 30 years of professional management experience, including 12 years of headset industry experience, which makes him well suited to continue VXI's success in the telecommunications marketplace.

Previously, Mr. Ferguson was the Sr. Vice President of Sales of Portable Sound Labs, a consumer audio electronics company, where he established a retail channel for the firm. Prior to that, Mr. Ferguson held various senior positions, including Vice President of Sales and Marketing, at GN Netcom, Inc., where he actively contributed to the company's growth. Mr. Ferguson attended Suffolk University and is currently a candidate for a Masters of Management from Cambridge College.

"This is a wonderful opportunity for me and an excellent time for me to re-enter the headset industry with VXI, a company with a long history of excellence in the contact center, voice recognition and specialized consumer markets," said Ferguson. "Mike Ferguson brings to VXI relevant industry experience, leadership, vision and strategic expertise that will quickly propel VXI into the future. I am pleased that this position has been filled with such a seasoned professional," said Dodge Morgan, Chairman of VXI Corporation.

About VXI Corporation

VXI Corporation is a market leader in the design, development and marketing of high performance voice interface hardware for the businesses and contact centers, OEM and VoIP markets. VXI's products may be viewed on their websites at and are available directly or from major distributors and OEMs throughout the world.

Contact Information

  • Contact:
    Lisa Keslar