• Telfer named INETCO president

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09 November 2005


Vancouver, BC - INETCO has appointed Angus Telfer president and CEO. According to a news release, Mr. Telfer's new position takes effect immediately.

Mr. Telfer, 51, has been INETCO's Chief Technology Officer where he has been instrumental in the design and development of INETCO's newest range of event monitoring and processing technologies. An initial founder of INETCO, Mr. Telfer has served in several positions during the company's 21 years of operation including President and VP of Research and Development. Before joining INETCO, Mr. Telfer was involved in research, development, and management positions in a number of companies including Bell Northern Research, Bell Telephone Laboratories, MPR Teltech, and Network Consulting Inc.

"Angus's appointment will allow for rapid deployment of INETCO's newest technology in different transaction and event monitoring products", says Hugh Milloy, Chairman of Vcomms, a strategic parter of INETCO's based out of Wellington New Zealand. "As a key provider of network access equipment that integrates with INETCO's server products, Vcomms looks forward to working with him in this endeavor."

About INETCO
INETCO Systems, Ltd. has been delivering SDTN (Short Duration Transaction Network) communications and event processing products since 1984. These products are used by financial institutions, telephone companies, and others throughout the world for whom transactions and distributed events are mission critical. For more information, visit the company's website at www.inetco.com.

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