SOURCE: Infrared Systems International

May 20, 2010 08:30 ET

Infrared Systems International Appoints Experienced Financial Management and Business Operations Executive as President and CEO

SILVERDALE, WA--(Marketwire - May 20, 2010) -  Focus Systems International (OTCBB: IFRS) is pleased to announce that the Company has appointed Bill Wright to serve as the Company's President and CEO. He will also serve as the Company's chairman along with newly appointed director Tracy Bushnell. Mr. Wright will utilize his years of experience with public companies and knowledge in business operations to focus the Company's efforts on building consistent revenues for Infrared Systems and pursuing its opportunities. Infrared Systems is also announcing that the Company has accepted the resignation of the previous board members and management.

Mr. Wright has over 20 years of experience and knowledge in financial management and business operations. His experience includes the start up of DONOBi, Inc., an Internet Service Provider that specialized in the acquisition and rollup of numerous rural service providers, founded in 2000. Mr. Wright took the company public in 2004. Mr. Wright served as both Chief Executive Officer and Chairman of the Board during his six year tenure with DONOBi, leading to the merger with Gottaplay in 2006. Prior to his work in the technology field, Mr. Wright was a Real Estate Broker in both California and Washington, including the position of President and minority owner of a local property management company. Mr. Wright received his Bachelors of Science in Business Administration with an emphasis in Financial Services from San Diego State University.

"I am very excited to be a part of the great management team here at Infrared Systems International. The recent acquisition of Focus Systems, Inc. is one step further in the drive to increase the growth of the Company and bring increased value to our shareholders," stated Bill Wright, CEO of Infrared Systems International. "The Infrared team collectively has considerable experience of devising and implementing strategies for successful growth and has shown extensive general and financial management expertise."

To view Infrared Systems' most recent SEC filings with Pink Sheets, please go to: www.otcmarkets.com

Infrared Systems International, through its two wholly owned subsidiaries, Focus Systems, Inc. and Infrared Applications, Inc., offers unique solutions and applications for a variety of industries. 

Focus Systems, Inc. is a service orientated, desktop virtualization, remote desktop and VoIP information technology provider. Focus Systems clients do not need to purchase a server or even PCs to use their service and fully benefit from it. Focus Systems enables their clients to realize the value of being able to expense the cost of their entire service as opposed to amortizing it over the life of purchased equipment, which in many cases will be obsolete before the tax benefits are realized. For more information, please visit www.focus-sys.com

Infrared Applications Inc. is a security and safety focused company. The latest technological advancements have been incorporated into a powerful blend of wireless operation and infrared imaging to provide a system that features redundancy, connectivity, independent verification, and seamless operation for a broad spectrum of security applications. Our patent-pending solutions benefit aviation, industrial infrastructure, military, homeland defense, and the private sector.

Safe Harbor: Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements'' within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.

Contact Information

  • Contact:
    Infrared Systems International
    Investor Relations
    1-407-389-5900