SOURCE: Innofone.com, Inc.

November 16, 2005 08:00 ET

Innofone.com Announces Ms. Karen Rosolowski as New Chief Financial Officer

SANTA MONICA, CA -- (MARKET WIRE) -- November 16, 2005 -- Innofone.com, Inc. (OTC BB: INFN), currently the first public company to focus exclusively on IPv6 (Internet Protocol version 6), announced today that Ms. Karen Rosolowski has been named as the Company's Chief Financial Officer. Based in Santa Monica, California, Ms. Rosolowski will oversee the worldwide financial functions for the company, including the fiscal aspects of planning, controllership, operations, and administration. The announcement was made today by Alex Lightman, CEO and President of Innofone.com, to whom Rosolowski will report.

"We are very pleased that Karen is joining Innofone.com's senior management team," said Mr. Lightman. "Karen has a diverse and extensive background in finance and accounting in the high technology and entertainment industries, and we believe her management experience will be very beneficial in further growing our business. Innofone.com is embarked on a mergers and acquisition strategy, and it is especially valuable that Karen's work at Kodak included twelve acquisitions. A Current Report on Form 8-K has been filed covering the appointment of Ms. Rosolowski, and detailing the terms of her employment.

"I am excited about joining a company with the potential for rapid growth, to which I can bring over 20 years of solid financial background and an understanding of revenue growth and cost control," said Ms. Rosolowski. "I believe that Innofone.com is a leader in the rapidly evolving IPv6 market segments, and I am proud to be a part of that dynamic evolution."

Ms. Rosolowski joins Innofone.com from Winning Performance, a service company that provided controller, auditing, and CFO support for medium-sized companies in Southern California. Previously, she served as Regional Manager for Hungerford Vinton, LLC, which specialized in contract compliance and recovery audits for a range of clients. She also served as Project Director in the Controller's Division at Eastman Kodak, where she was responsible for high-level project management and systems design, and was the Finance Director for the Entertainment Imaging business unit, where she contributed to the strategic implementation of plans for the Entertainment Imaging unit during its rapid sales growth from $750M to $1.1B.

Ms. Rosolowski started her career at Coopers & Lybrand, where she worked as Audit Manager in a range of duties that included financial audits and tax preparation for clients in banking, health care, real estate, non-profit and manufacturing.

She earned a Bachelor of Science Degree in Business Administration from Ohio State University.

About Innofone.com, Inc.

Innofone.com, Inc. (OTC BB: INFN), with its wholly owned subsidiary, IPv6 Summit, Inc., is the first public company to focus exclusively on Internet Protocol version 6 (IPv6), also known as the New Internet. Innofone.com organizes world-class conferences and offers training and consulting related to IPv6 for government and commercial customers, especially IT and wireless departments. The Company is dedicated to providing a broad range of services and products for the New Internet, as well as supporting an international forum for advancing the knowledge, development and implementation of New Internet technologies, applications and policies. IPv6 Summit, Inc. organized the successful IPv6 Summits in San Diego (June, 2003), Arlington (Dec., 2003), Santa Monica (June, 2004) and Reston (Dec., 2004), the Coalition Summit for IPv6 in May, 2005 (which attracted delegates from 30 countries), and IPv6 events in cooperation with the Consumer Electronics Show (CES), the largest trade show in North America. For more information, see http://www.usipv6.com and http://www.innofone.net.

IPv6, also known as The New Internet, is a major upgrade to the existing Internet (Internet Protocol version 4, in service since 1973), and offers always-on security, high-quality video-over-Internet and other important new features. The Office of Management and Budget (OMB) recently mandated IPv6 for use by the US Federal Government, joining the US Department of Defense, which has already started transitioning to the new format. Details of the New Internet are available at Innofone.com's websites, www.usipv6.com and www.innofone.net.

"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.

Contact Information

  • For additional information, contact:

    Leah Thompson
    Innofone.com, Inc.
    1431 Ocean Ave., Suite 1500
    Santa Monica, CA 90401, USA
    Tel: +1 310-458-3233
    Email Contact