7/8/2003 - Extended Systems Inc. (Nasdaq:XTND), a leading provider of mobile information management (MIM) solutions for the enterprise, announced that Charles W. Jepson, John J. Katsaros, Steven D. Simpson, S. Scott Wald and Douglas B. Winterrowd have resigned from the Company's Board of Directors. The remaining directors are Raymond A. Smelek (Chairman of the Board of Directors), Russel McMeekin and John M. Russell. Steven D. Simpson continues as the company's President and Chief Executive Officer, Charles W. Jepson continues as Vice President of Worldwide Sales and Marketing and Douglas B. Winterrowd continues as the company's Chief Engineer.
"Nasdaq has proposed amendments to its corporate governance rules that would require all companies listed on the Nasdaq National Market to have a board of directors that is constituted of a majority of independent directors," said Raymond Smelek, Extended Systems' Chairman of the Board of Directors. "With the current board composition, we will be in compliance with the new independence requirements prior to the effectiveness of the proposed new Nasdaq listing requirements. As we move forward, we will continue to seek strong independent directors to join our Board and expect to be able to comply with additional proposed Nasdaq rules related to the makeup of our Audit Committee."
About Extended Systems
Extended Systems provides the expertise, strategy and solutions to help enterprise organizations streamline their business processes through mobile technology. The company's mobile software suite enables companies to mobilize critical enterprise applications such as e-mail, field service, sales force automation (SFA), enterprise resource planning (ERP), and customer relationship management. Extended Systems has more than 2,500 enterprise customers worldwide and key alliance relationships with Ericsson, HP, IBM, Microsoft, Motorola, Nokia, Palm, RIM, Sharp, Siemens and Toshiba. Founded in 1984, Extended Systems has offices and subsidiaries in the United States and worldwide. For more information, visit the company Web site at www.extendedsystems.com
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