HICKORY, N.C., July 8, 2013 /PRNewswire/ -- (OTC Disclosure and News Service) -- Fortran Corporation (OTC: FRTN), a leading communications system integrator announced today it has named Todd Rankin, the former President of CCI-Telecom Inc., to the new role of Chief Operations Officer - Communications Division.
Mr. Rankin's responsibilities will include the management of the telecommunications integration teams, new product and service development and customer relations.
Mr. Rankin joined Fortran Corp., with Fortran's acquisition of CCI- Telecom, Inc., on June 7th where he had been the company's President. He originally started selling telecom systems in in the late 1980's and in 1991 founding General Communications a privatized payphone company he sold in 1997. In 1993, he founded CCI-Telecom, Inc., developed for the retail wireless mobile phone business and later diversified into the telecom equipment business. At CCI's peak, he had grown to 5 retail stores and 50-employees and was a leader in the Charlotte North Carolina markets in sales from 2002 to 2007 for Sprint Nextel Corp. (NYSE: S) eventually selling the wireless division in May 2012.
"I'm very happy to welcome Todd and the entire CCI staff to the Fortran team," said Doug Rink. "He brings a wealth of experience in telecommunications integration business and the unique ability to lead people in our industry. I am looking forward to seeing the needle move under Todd's direction and look forward to working with him."About Fortran Corp. Fortran Corp., is a leading communications system integrator through it's subsidiaries, The New Telephone Company, Inc., CCI-Telecom, Inc., B & L Telephone, LLC and Fortran Communications, Inc. Fortran Corp. is dedicated to designing, sourcing, implementing and maintaining today's complex communications solutions for business and governments. Fortran services more than 3,000 clients in 2 states with 3 offices in the southeast. To learn more, please visit the Fortran Corp. website at www.fortrancorp.com. Disclaimer This press release is for information purposes only and is not intended to constitute, and should not be construed as, an offer to sell or a solicitation of any offer to buy shares of Fortran Corporation in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of such jurisdiction, and the distribution of this communication in jurisdictions may be similarly restricted. The matters discussed herein may also be affected by risks and uncertainties described from time to time in Fortran Corporation's filings with the OTC Markets News Service. The company assumes no obligation to update any forward-looking statement. SOURCE Fortran Corporation
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