FOR IMMEDIATE RELEASE Chicago, IL May 16, 1996
Robert Wussler and Robert Reid
Visual Information Service Corp. (Nasdaq: VICP, Bulletin Board), a developer of Interactive TV (ITV) set-top boxes to enhance television use and viewing by providing Internet access and electronic communications functions, announced the addition of two members to its board of directors. Current board members are Jerome Greenberg, Chairman, Roger Remillard, founder, and William Buck, Chief Executive Officer.Joining the VIScorp board are:
- Robert J. Wussler, President and Chief Executive Officer of The Wussler Group. Mr. Wussler was previously President and CEO of COMSAT (Nasdaq:CQ) Video Enterprises; former Senior Executive Vice President of Turner Broadcasting System and President of SuperStation WTBS; and, former President of the CBS Television Network and CBS Sports Division.
- Robert E. Reid, President and CEO of Engis Corporation, an international manufacturer of precision industrial diamond products and ancillary machinery, for more than four decades. He has guided Engis through an extended growth period, and, during his tenure, has established subsidiaries and licensees throughout the world.
Mr. Reid said: "It is exciting to have an opportunity to work with VIScorp, which has already demonstrated leadership and vision in developing one of the first entries in the rapidly emerging ITV field. I believe VIScorp has many of the key elements that contribute to succeeding in a new technology venture, including enthusiastic and experienced management, a sound business plan, and solid technological and engineering capabilities. I and my fellow board members look forward to contributing to the growth and development of VIScorp through our roles as directors and advisers."
Mr. Greenberg, Chairman, said: "We are proud to add these individuals, both highly experienced in their respective fields, to VIScorp's board. Their career accomplishments, and their past and current experience in management and corporate guidance, will be a valuable resource to help VIScorp stay a leader in the rapidly evolving field of interactive television.
"Bob Wussler brings decades of experience creating innovative programming, managing the distribution of entertainment and information to millions of households, and a deep understanding of technologies such as satellite communications, cable television, and interactive media, communications and interactive media.
He continued: "Bob Reid's 40 years at Engis includes overseeing worldwide operations and manufacturing, and this experience gives him valuable insights as VIScorp pursues its vision to be a global player in the ITV market."
Mr. Greenberg concluded: "In their careers, both directors have shown decisiveness, keen management skills and a constant awareness of the bottom line, combined with a strong sense of vision for the future. This is exactly the combination that we believe will help VIScorp become a leader in the emerging ITV field."
(For additional biographical information on our new directors, visit our Corporate Staff Directory.)
VIScorp has announced that it intends to begin marketing its first set-top box with full Internet and Web capabilities, called the Universal Internet Television Interface(R), (UITI(R)) in the fourth quarter of 1996.
The company says an enhanced set-top device, the Electronic Device(R) (ED(R)) is scheduled for roll out in 1997, and will feature capabilities such as telephone reception and dial-up, facsimile, pay-per-view options, electronic mail, access to on-line services, including the Internet, and more.
Contact: Jason Compton,
Communications Manager, Amiga Inquiries