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Helius Appoints Technology Veteran Ron Heinz as President and Chief Executive Officer
Myron Mosbarger assumes Chairman and
Chief Technology Officer Roles
LINDON, UTAH – April 23, 2003 –Helius Inc., the world leader
in satellite broadband (IP) routing, today appointed technology veteran
Ron Heinz as President and CEO. In a parallel move, former Helius CEO
Myron Mosbarger will assume the Chairman and Chief Technology Officer
roles for the company.
“As a major investor in Helius, we at the Canopy
Group are thrilled
to see Helius taking the next step in their development as a company.
Helius
has mature products, large customers, and the growing traction that yields
explosive market share growth. We believe that Ron Heinz will be the
foundation for this growth at Helius,” said Ralph Yarro, President
and CEO of the Canopy Group.
Helius founder Mosbarger said, “It is time for Helius to move into
the next phase of our company’s strategy and take our products
to a broader audience of potential customers. Ron’s experience
in successfully identifying and pursuing high–growth opportunities
will be a major advantage for Helius”
“I look at Helius and see a fantastic base of technology, and commend
the founders and the engineering team on the great work they have done
so far. It will be an exciting opportunity to take this technology into
the mainstream and continue to build a vital and vibrant business,” said
Mr. Heinz. “I look forward to working with Myron and the Helius
Team, and am very excited about the many diverse opportunities to provide
customer solutions using Helius products.”
With more than two decades in the technology business, Mr. Heinz was
the former CEO of Phobos Corporation; a Utah based Technology Company
that was acquired by SonicWALL of Sunnyvale, California (SNWL) in December
2000. Since the merger, he has served as a Chief Operating Officer and
Sr. Vice President with SonicWALL. Prior to Phobos, Mr. Heinz spent 12
years at Novell Inc., serving as a Corporate Officer and Sr. Vice President
his last 4 years. Prior to Novell, Mr. Heinz was employed at Xerox Corporation.
He holds a Bachelor of Science in finance from Virginia Polytechnic Institute
and an MBA in finance from American University. He has also participated
in postgraduate work at the Harvard Kennedy School of Government and
at Northwestern Kellogg Management.
About Helius, Inc.
Helius provides efficient, secure, and reliable delivery of broadband
IP over satellites and local area networks. Helius products include satellite
IP routers, software and custom engineered solutions that enable efficient,
secure and reliable delivery of broadband content over satellites and
local area networks. Helius’s portfolio of satellite routing solutions
includes products that enable a full range of video, voice and data to
be distributed across corporate computer networks and desktops.
The enterprise-wide business TV systems powered by Helius products give
employees and customers easy access to live or stored content such as
retail services, marketing programs, corporate broadcasts, distance learning
courses, training programs, software updates, databases and the Internet.
Helius is a privately held company based in Lindon, Utah. For more information,
visit http://www.helius.com or call (801) 764-9020.
# # #
Helius is a trademark of Helius, Inc. Other company, product, and service
names contained in this release may be registered trademarks or trademarks
of the respective owners.
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