J. Michael Gullard Joins DynTek's Board of Directors
06 Juni 2005 - 2:30PM
PR Newswire (US)
J. Michael Gullard Joins DynTek's Board of Directors IRVINE,
Calif., June 6 /PRNewswire-FirstCall/ -- DynTek, Inc.
(OTC:DYTKOTC:DYTKPOTC:DYTKW) (BULLETIN BOARD: DYTK, DYTKP, DYTKW) ,
a leading provider of professional technology services, advanced
network infrastructure, voice over internet protocol ("VOIP"), and
IT security solutions announced today that J. Michael Gullard has
been appointed to the company's board of directors. "With years of
experience as a senior technology executive and venture capitalist,
Mr. Gullard brings DynTek extensive expertise in the management,
growth and financial operations of public technology companies,"
said Robert Webber, DynTek's president and director. "His insights,
financial experience and technical acumen will be valuable
additions to our board of directors." "I am pleased to join
DynTek's board of directors," said Gullard. "The company is built
on a strong foundation of technical talent and regional expertise.
I look forward to working with the management team to implement the
strategies and tactics necessary to help the company grow the
business profitably." "Mr. Gullard has a unique understanding of
how to use limited capital to stimulate the growth necessary to
become a consistently profitable organization," said Casper Zublin,
Jr., DynTek's chief executive officer. "Further, we believe that
his insight into the industry will help us quickly create a
profitable operating structure." Mr. Gullard has been the General
Partner of Cornerstone Management, a venture capital and consulting
firm specializing in software and data communications companies
since 1984. From 1992 to 2004, he served as Chairman of NetSolve,
Incorporated, a publicly-held corporation that provides IT
infrastructure management services on an outsourced basis. From
1996 to 2004, Mr. Gullard also served as Chairman of Merant PLC
(formerly Micro Focus Group Ltd.), a publicly-held corporation that
specializes in change management software tools. Previously, Mr.
Gullard held a variety of senior financial and operational
management positions at Intel Corporation from 1972 to 1979. During
that period, Intel grew from approximately $20 million to over $700
million in annual revenue. Mr. Gullard holds a B.A. degree in
Economics from Stanford University, and an M.B.A. from Stanford's
Graduate School of Business. About DynTek DynTek is a leading
provider of professional technology services to government,
education and mid-market commercial customers in the largest IT
markets nationwide. The company provides solutions that address the
critical business needs of organizations today, such as IT
security, voice and data convergence (VOIP), enterprise access and
technology management. Our practice areas incorporate an approach
and methodology derived from over 18 years of experience in the
assessment, design, implementation, management and support of
technology solutions. For more information, visit
http://www.dyntek.com/. Forward-Looking Statements This press
release contains certain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
which are intended to be covered by the safe harbors created
thereby. Investors are cautioned that certain statements in this
release are "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995 and involve known
and unknown risks, uncertainties and other factors. Such
uncertainties and risks include, among others, success in reaching
target markets for services and products in a highly competitive
market and the ability to attract future customers, the ability to
finance and sustain operations, including the ability to comply
with the terms of the Textron Factoring Facility and/or other term
indebtedness of the Company, and to extend such obligations when
they become due, or to replace them with alternative financing, the
ability to raise equity capital in the future, despite historical
losses from operations, the ability to fulfill the Company's
obligations to third parties, and ability to resolve successfully
certain ongoing litigation over contract performance in the state
of Virginia, the size and timing of additional significant orders
and their fulfillment, the ability to turn contract backlog into
revenue and net income, the continuing desire of state and local
governments to outsource to private contractors, the ability to
successfully integrate recent acquisitions, the ability to continue
to implement an acquisition growth strategy, the ability to achieve
financial targets, the retention of certain key managers, the
performance of successful government and commercial technology
services, the ability to develop and upgrade our technology, the
continuation of general economic and business conditions that are
conducive to governmental outsourcing of service performance and
the acquisition of other services and product, the ability to
maintain its securities on the NASD OTC Bulletin Board or other
markets in the future, and such other risks and uncertainties
included in our Annual Report on Form 10-K filed on September 29,
2004, our Quarterly Reports on Form 10-Q filed on November 15,
2004, February 14, 2005, and May 16, 2005, and other SEC filings.
The Company has no obligation to publicly release the results of
any revisions, which may be made to any forward-looking statements
to reflect anticipated or unanticipated events or circumstances
occurring after the date of such statements. DATASOURCE: DynTek,
Inc. CONTACT: Linda Ford of DynTek, Inc., +1-949-271-6705, Web
site: http://www.dyntek.com/
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