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UltraCard, Inc. Appoints New Directors of Engineering, Card Development and Software/Firmware As Part of Business Expansion
TUESDAY, APRIL 18, 2000 9:58 AM
- BusinessWire
CAMPBELL, Calif., Apr 18, 2000 (BUSINESS WIRE) -- UltraCard, Inc., a subsidiary of Upgrade International Corporation (OTCBB:UPGD), developers of high capacity, portable data storage, announced it has appointed three new Directors to help manage UltraCard's continuing growth and expanding business activity.
Henry S. Perez has been appointed as Director of Engineering for UltraCard Inc. His primary responsibility at UltraCard is overseeing product design and manufacturing.
Prior to joining UltraCard, Perez was Director of Engineering for the Recording Media Research Center and Recording Media Operations for Seagate Technology in Fremont, California. In that position, he managed capital and expense budgets of up to $68M for the 1280-person facility and coordinated site operations, new technology assessment, capital asset management, and lab design and construction.
Perez also worked for IBM Corporation from 1974 to 1996. He served in several positions there including Development Manager and Disk Equipment Engineering Manager. As Development Manager, he managed the HGA pilot line, supporting the MR head development group in prototyping and developing tooling, processes and early manufacture of MR heads for new disk drives.
Perez received his B.S.M.E. degree from California State Polytechnic University and his M.S.M.E. degree from the University of California at Berkeley
In addition, Bruce M. Lairson, Ph.D. has been appointed as Director of Card Development for the company. He is respected and well known in the thin film and recording industries and has six patents in thin film and recording, with two patents pending. He has held senior positions with several blue-chip companies including Hewlett Packard, Western Digital and Komag Corporation.
Bruce has more than twenty years experience in the field of data transmission and storage. His primary responsibility at UltraCard will be to continue to develop card compatibility with reader characteristics, qualifying cards for field reliability and installing the manufacturing process for the media.
Prior to joining UltraCard, Bruce was Director of Sputter Development for Komag Corporation in San Jose, California. In that position, he managed a group of 12 products from initial concept to release and manufacture on sputter tools. Previously he worked with Komag, as Director of Advanced Technology at Western Digital Corporation where he established product direction and technology alternatives for media and heads, including optically based storage.
Bruce received his MS in Electrical Engineering and Ph.D. in Materials Science from Stanford University. He also has an ME in Applied and Engineering Physics from Cornell University.
Finally, Rob Reasons, Ph.D. has been appointed as Director of Software and Firmware for UltraCard. Reasons specializes in high security encryption technology, secure financial transactions, e-commerce and government applications for UltraCard.
Reasons served in the U.S. Navy Intelligence Division and speaks fluent Japanese. As founder of Alpha Resources, he developed a number of tools and of instruments designed to help companies operate more efficiently and cost-effectively. These include a hand-held battery operated digital storage device, a digital torque wrench, and a telephone security system. He also designed and manufactured several instruments used in analytical chemistry.
Other previous positions include periods at Boehringer Mannheim and MOST, an optical disk drive manufacturer where he designed firmware and the microcontroller used to control the MOST 3.5 inch disk drive.
Rob has a Ph.D. in Biochemistry from Ohio University in Athens, Ohio. He also has a dual Bachelor of Science degree in Zoology and Computer Science
Upgrade International Corp., (www.upgd.com) is focused on the development and acquisition of state-of-the-art information technology. One of its subsidiaries, UltraCard Inc. (www.ultracard.com), has developed a system for high capacity data storage. The management of UltraCard, Inc. believes that their developed and patented product represents a significant advance in the method consumers and businesses will utilize portable data, integrating UltraCard(TM) products into everyday life. Utilizing existing hard disk storage technology, UltraCard(TM) provides a unique and highly durable media in a common credit card format, to satisfy the next generation in personal portable data storage for a broad range of existing and new market sectors. UltraCard(TM) currently provides several megabytes of memory and is fully editable. Management estimates that more than 1 gigabyte of recordable data, on a single credit card format, can be achieved without the need for compression technology.
On behalf of the Board of Directors, Daniel Bland This news release may contain forward-looking statements relating to future results, performance, plans, events or other matters. Such statements involve numerous risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to development of the Company's products and services and markets for such products and services, the timing and level of customer orders, competitive products and services and pricing, changes in economic conditions and the markets for the Company's products and services and other risks and uncertainties. Actual results, performance and events may differ materially. Readers are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this News Release. The company undertakes no obligation to release revisions to these forward-looking statements to reflect events or circumstances after the date of this News Release.
Copyright (C) 2000 Business Wire. All rights reserved.
TUESDAY, APRIL 18, 2000 9:58 AM
- BusinessWire
CAMPBELL, Calif., Apr 18, 2000 (BUSINESS WIRE) -- UltraCard, Inc., a subsidiary of Upgrade International Corporation (OTCBB:UPGD), developers of high capacity, portable data storage, announced it has appointed three new Directors to help manage UltraCard's continuing growth and expanding business activity.
Henry S. Perez has been appointed as Director of Engineering for UltraCard Inc. His primary responsibility at UltraCard is overseeing product design and manufacturing.
Prior to joining UltraCard, Perez was Director of Engineering for the Recording Media Research Center and Recording Media Operations for Seagate Technology in Fremont, California. In that position, he managed capital and expense budgets of up to $68M for the 1280-person facility and coordinated site operations, new technology assessment, capital asset management, and lab design and construction.
Perez also worked for IBM Corporation from 1974 to 1996. He served in several positions there including Development Manager and Disk Equipment Engineering Manager. As Development Manager, he managed the HGA pilot line, supporting the MR head development group in prototyping and developing tooling, processes and early manufacture of MR heads for new disk drives.
Perez received his B.S.M.E. degree from California State Polytechnic University and his M.S.M.E. degree from the University of California at Berkeley
In addition, Bruce M. Lairson, Ph.D. has been appointed as Director of Card Development for the company. He is respected and well known in the thin film and recording industries and has six patents in thin film and recording, with two patents pending. He has held senior positions with several blue-chip companies including Hewlett Packard, Western Digital and Komag Corporation.
Bruce has more than twenty years experience in the field of data transmission and storage. His primary responsibility at UltraCard will be to continue to develop card compatibility with reader characteristics, qualifying cards for field reliability and installing the manufacturing process for the media.
Prior to joining UltraCard, Bruce was Director of Sputter Development for Komag Corporation in San Jose, California. In that position, he managed a group of 12 products from initial concept to release and manufacture on sputter tools. Previously he worked with Komag, as Director of Advanced Technology at Western Digital Corporation where he established product direction and technology alternatives for media and heads, including optically based storage.
Bruce received his MS in Electrical Engineering and Ph.D. in Materials Science from Stanford University. He also has an ME in Applied and Engineering Physics from Cornell University.
Finally, Rob Reasons, Ph.D. has been appointed as Director of Software and Firmware for UltraCard. Reasons specializes in high security encryption technology, secure financial transactions, e-commerce and government applications for UltraCard.
Reasons served in the U.S. Navy Intelligence Division and speaks fluent Japanese. As founder of Alpha Resources, he developed a number of tools and of instruments designed to help companies operate more efficiently and cost-effectively. These include a hand-held battery operated digital storage device, a digital torque wrench, and a telephone security system. He also designed and manufactured several instruments used in analytical chemistry.
Other previous positions include periods at Boehringer Mannheim and MOST, an optical disk drive manufacturer where he designed firmware and the microcontroller used to control the MOST 3.5 inch disk drive.
Rob has a Ph.D. in Biochemistry from Ohio University in Athens, Ohio. He also has a dual Bachelor of Science degree in Zoology and Computer Science
Upgrade International Corp., (www.upgd.com) is focused on the development and acquisition of state-of-the-art information technology. One of its subsidiaries, UltraCard Inc. (www.ultracard.com), has developed a system for high capacity data storage. The management of UltraCard, Inc. believes that their developed and patented product represents a significant advance in the method consumers and businesses will utilize portable data, integrating UltraCard(TM) products into everyday life. Utilizing existing hard disk storage technology, UltraCard(TM) provides a unique and highly durable media in a common credit card format, to satisfy the next generation in personal portable data storage for a broad range of existing and new market sectors. UltraCard(TM) currently provides several megabytes of memory and is fully editable. Management estimates that more than 1 gigabyte of recordable data, on a single credit card format, can be achieved without the need for compression technology.
On behalf of the Board of Directors, Daniel Bland This news release may contain forward-looking statements relating to future results, performance, plans, events or other matters. Such statements involve numerous risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to development of the Company's products and services and markets for such products and services, the timing and level of customer orders, competitive products and services and pricing, changes in economic conditions and the markets for the Company's products and services and other risks and uncertainties. Actual results, performance and events may differ materially. Readers are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this News Release. The company undertakes no obligation to release revisions to these forward-looking statements to reflect events or circumstances after the date of this News Release.
Copyright (C) 2000 Business Wire. All rights reserved.
trotzdem nach 18$ heute be happy und toll das ich gestern nachgekauft habe.
Gutachter bestätigt wurde. Independent Audit Confirms Viability of UltraCard
Technology
CAMPBELL, Calif.--(BUSINESS WIRE)--April 18, 2000--UltraCard Inc., a subsidiary of Upgrade International Corporation (OTCBB: UPGD - news), today released the findings of a preliminary technical audit of the UltraCard(TM) technology conducted by Finn Jorgensen, a recognized authority on magnetic heads and media. UltraCard Inc. has developed and patented a technology for high capacity, portable data storage and retrieval in a credit card format.
``In order to provide an independent, third-party assessment of the merits of the UltraCard(TM) technology, we asked Finn Jorgensen, an expert on magnetic heads and media, to carry out a technical audit of the proprietary and patented UltraCard(TM) technology,'' said Daniel Kehoe, president of UltraCard Inc. ``After analysing our technology Mr. Jorgensen authored a preliminary technical report,'' Mr. Kehoe added.
A letter from Mr. Jorgensen explaining his initial audit noted that the most striking features of the UltraCard(TM) are: ``The large amount of data that can be stored, retrieved and erased, the data reliability, and the potential to stop credit card fraud.''
A copy of that letter was released by Daniel Bland, President and CEO of Upgrade International, during his presentation before the New York Society of Security Analysts on March 23, 2000. The main points of Mr. Jorgensen's report are as follows:
``The large data capacity has been achieved by using hard disk media sputter technology, including coercivities of 1,600 Oersteds and MrT of 2.5 memu/sq/cm. These are basically design parameters that have been used in many magnetic media designs for hard disk drives and are tried and proven metrics. These parameters should be readily adaptable to a card format.''
``The dimensions of the card compares to standard credit card sizes which provides space for magnetic read/write heads to move in linear fashion over the media for writing, overwriting and reading at very high data rates of several megabits-per-second. The card is still compatible with a standard ''swipe`` card. The combination of very high data capacity with downward compatibility is a good approach.''
``The media card R&D and pilot facility at SciVac combines the latest in magnetic coating technology with proven processes which is an excellent strategy. You (UltraCard) have selected the ''best of breed`` for your application which is the prudent and safest approach. The advanced SciVac sputter machine which can produce about one million cards-per-day should provide UltraCard with a fast ramp up production capability.''
``The UltraCard magnetic media has been designed for high strength and durability using coatings of proprietary metal layers... The final protective layer should provide adequate protection from rough handling in the commercial market. This strategy should ensure maximum field reliability and rapid acceptance of the product.''
``The option of using ''Keepered Media`` as a magnetic shield and protective overcoat is well known technology which add additional features that no other card can provide. These techniques are fairly conventional and adaptable to a card format and have a lot of historical data showing proof of feasibility from several universities and test facilities. Proof of feasibility of Keepered Media has been well known for quite some time and is proven technology.''
``The UltraCard(TM) reader/writer design is straight forward and should be easily manufactured by any one of several disk drive or similar sources.''
Upgrade International Corp., (www.upgd.com) is focused on the development and acquisition of state-of-the-art information technology. One of its subsidiaries, UltraCard Inc. (www.ultracard.com), has developed a system for high capacity data storage. The management of UltraCard, Inc. believes that their developed and patented product represents a significant advance in the method consumers and businesses will utilize portable data, integrating UltraCard(TM) products into everyday life. Utilizing existing hard disk storage technology, UltraCard(TM) provides a unique and highly durable media in a common credit card format, to satisfy the next generation in personal portable data storage for a broad range of existing and new market sectors. UltraCard(TM) currently provides several megabytes of memory and is fully editable. Management estimates that more than 1 gigabyte of recordable data, on a single credit card format, can be achieved without the need for compression technology.
On behalf of the Board of Directors, Daniel Bland
Technology
CAMPBELL, Calif.--(BUSINESS WIRE)--April 18, 2000--UltraCard Inc., a subsidiary of Upgrade International Corporation (OTCBB: UPGD - news), today released the findings of a preliminary technical audit of the UltraCard(TM) technology conducted by Finn Jorgensen, a recognized authority on magnetic heads and media. UltraCard Inc. has developed and patented a technology for high capacity, portable data storage and retrieval in a credit card format.
``In order to provide an independent, third-party assessment of the merits of the UltraCard(TM) technology, we asked Finn Jorgensen, an expert on magnetic heads and media, to carry out a technical audit of the proprietary and patented UltraCard(TM) technology,'' said Daniel Kehoe, president of UltraCard Inc. ``After analysing our technology Mr. Jorgensen authored a preliminary technical report,'' Mr. Kehoe added.
A letter from Mr. Jorgensen explaining his initial audit noted that the most striking features of the UltraCard(TM) are: ``The large amount of data that can be stored, retrieved and erased, the data reliability, and the potential to stop credit card fraud.''
A copy of that letter was released by Daniel Bland, President and CEO of Upgrade International, during his presentation before the New York Society of Security Analysts on March 23, 2000. The main points of Mr. Jorgensen's report are as follows:
``The large data capacity has been achieved by using hard disk media sputter technology, including coercivities of 1,600 Oersteds and MrT of 2.5 memu/sq/cm. These are basically design parameters that have been used in many magnetic media designs for hard disk drives and are tried and proven metrics. These parameters should be readily adaptable to a card format.''
``The dimensions of the card compares to standard credit card sizes which provides space for magnetic read/write heads to move in linear fashion over the media for writing, overwriting and reading at very high data rates of several megabits-per-second. The card is still compatible with a standard ''swipe`` card. The combination of very high data capacity with downward compatibility is a good approach.''
``The media card R&D and pilot facility at SciVac combines the latest in magnetic coating technology with proven processes which is an excellent strategy. You (UltraCard) have selected the ''best of breed`` for your application which is the prudent and safest approach. The advanced SciVac sputter machine which can produce about one million cards-per-day should provide UltraCard with a fast ramp up production capability.''
``The UltraCard magnetic media has been designed for high strength and durability using coatings of proprietary metal layers... The final protective layer should provide adequate protection from rough handling in the commercial market. This strategy should ensure maximum field reliability and rapid acceptance of the product.''
``The option of using ''Keepered Media`` as a magnetic shield and protective overcoat is well known technology which add additional features that no other card can provide. These techniques are fairly conventional and adaptable to a card format and have a lot of historical data showing proof of feasibility from several universities and test facilities. Proof of feasibility of Keepered Media has been well known for quite some time and is proven technology.''
``The UltraCard(TM) reader/writer design is straight forward and should be easily manufactured by any one of several disk drive or similar sources.''
Upgrade International Corp., (www.upgd.com) is focused on the development and acquisition of state-of-the-art information technology. One of its subsidiaries, UltraCard Inc. (www.ultracard.com), has developed a system for high capacity data storage. The management of UltraCard, Inc. believes that their developed and patented product represents a significant advance in the method consumers and businesses will utilize portable data, integrating UltraCard(TM) products into everyday life. Utilizing existing hard disk storage technology, UltraCard(TM) provides a unique and highly durable media in a common credit card format, to satisfy the next generation in personal portable data storage for a broad range of existing and new market sectors. UltraCard(TM) currently provides several megabytes of memory and is fully editable. Management estimates that more than 1 gigabyte of recordable data, on a single credit card format, can be achieved without the need for compression technology.
On behalf of the Board of Directors, Daniel Bland
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