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August 2000
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XOX Corporation Announces New Growth Leadership Team
XOX Corporation, a leading developer of cutting-edge 3D modeling applications that be used for visual analysis or to simulate physical phenomena in a diverse set of disciplines ranging from geosciences to medical applications, has appointed John R. Sutton as chief executive officer and William F. Fuller as executive vice president, business development. Mark Senn will continue as president and chief operating officer.
According to Steven Liefschultz, chairman, ``XOX is seeking new opportunities for strategic growth and diversification. We believe that John and Bill are an excellent choice to lead our company into new growth arenas, seek out new ways to best take advantage of our current capabilities and drive value creation for our shareholders. Over the past two years, the board has worked diligently to grow XOX into a profitable, debt free enterprise. We are now poised to take XOX to the next level.''
Sutton is currently president/CEO of The Value Group, a company specializing in growth management, merger/acquisition integration and investment in medical technology and industrial products companies. Mr. Sutton has been actively involved in driving profitable growth and establishing operational excellence in emerging, fast growth and middle market companies. Mr. Sutton has held executive positions within Andersen Consulting, Grant Thornton and the early stages of Republic Industries.
Fuller brings significant experience in domestic/international business development, strategic alliances and merger/acquisition integration. Mr. Fuller has held executive positions with The Value Group, Novartis, Grant Thornton, Pentair Corporation, Apogee Enterprises and Republic Industries.
For more information, visit the XOX Web site at www.xox.com.
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