SOURCE: Sanswire


February 08, 2011 10:45 ET

Sanswire Appoints New Chief Financial Officer

Jeffrey Sawyers Appointed Chief Financial Officer and Treasurer

KENNEDY SPACE CENTER, FL--(Marketwire - February 8, 2011) - Sanswire Corporation (OTCBB: SNSR), a developer of lighter-than-air unmanned aerial vehicles (UAVs) and related technologies, has hired Jeffrey Sawyers as the Company's Chief Financial Officer and Treasurer. 

Mr. Sawyers has over 30 years of diversified financial management experience. Most recently, Mr. Sawyers served as the Corporate Controller for Tijuana Flats, a restaurant chain with approximately 70 corporate, joint venture and franchise restaurants, where he was responsible for all the external financial accounting and reporting systems, audit and tax management, and banking relationships. Prior to that from 2004 to 2008, Mr. Sawyers served as Director of Finance and Special Projects at Curascript, Inc. and before that was the Assistant Controller at Priority Healthcare which was acquired by Express Scripts and combined with their subsidiary Curascript, Inc. In these positions Mr. Sawyers was responsible for, among other things, preparation of all Securities and Exchange Commission filings as well as financial reporting, corporate accounting and treasury functions.

Mr. Sawyers is a certified public accountant and a certified management accountant. He earned a Bachelor of Arts in Accounting from the University of South Florida in 1978 and then spent three years as a senior accountant at KPMG Peat Marwick.

"Jeff has extensive experience in public company reporting and financial, accounting, and treasury functions, as well as implementing corporate control environments. His expertise in these areas will make him a valuable member of our management team," stated Sanswire President and CEO Glenn Estrella. His responsibilities will consist of all financial and accounting matters of the Company including compliance with all Securities and Exchange Commission and exchange financial reporting regulations and implementation and oversight of the control environment at the Company. Mr. Sawyers will also actively work with the Company's management team and partners to develop and grow Sanswire's UAV business.

"I am excited to be joining Sanswire at such an interesting stage of its development and am looking forward to working at a company whose products have the ability to save the lives of those men and women who serve our country in the military and other enforcement-related missions," Mr. Sawyers added.

About Sanswire Corp.
Sanswire Corp. (OTCBB: SNSR) is a developer of autonomous, lighter-than-air UAVs (Unmanned Aerial Vehicles) capable of carrying payloads that provide persistent security solutions at low, mid, and high altitudes. Sanswire's airships are designed for use by government-related and commercial entities that require real-time intelligence, surveillance, and reconnaissance support for military, homeland defense, border and maritime missions.

Forward-Looking Statements
Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the capabilities of the Company's products, potential customers and the growth of the Company's business. The words "forecast," "project," "intend," "expect," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, any of which could cause the Company's previously reported actual results, performance (finance or operating) to change or differ from future results, performance (financing and operating) or achievements, including those expressed or implied by such forward-looking statements. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.

Contact Information

  • Contact:
    Sanswire Corp.
    Barbara M. Johnson
    Email Contact