Cognitronics Names Bob Fleming to Chairman of the Board of Directors

  
    
  
  
    
      Cognitronics Corporation (AMEX:CGN), a leading provider of audio 
      conferencing solutions and call processing technology, today announced 
      the appointment of Bob Fleming to the position of Chairman of the Board 
      of Directors, effective immediately. Additionally, Rob Scott has been 
      named to the Board of Directors, as a standing member. Mr. Fleming 
      succeeds Jack Meehan, who has tendered his resignation as a director of 
      the company.
    
    
      Mr. Fleming’s experience in business 
      infrastructure software and systems and communications technologies will 
      be a driving force in the company’s increased 
      focus on next-generation voice services and conferencing solutions. Mr. 
      Fleming is a co-founder of Prism Venture Partners and currently sits on 
      the board of Polatis (formerly Continuum Photonics), and Kaon 
      Interactive. Prism Venture Partners currently holds greater than 19% of 
      the outstanding shares in Cognitronics.
    
    
      "I am extremely pleased about taking the post of Chairman of the Board, 
      said Bob Fleming, Chairman, Cognitronics. "In recent months, I’ve 
      seen the company devote significant resources on the next generation 
      ThinkEngine VSR1000, capitalizing on and extending our success in the 
      conferencing and voice applications marketplace. I believe this focus 
      along with our well established CX media server business, will be the 
      driving force behind our success."
    
    
      Along with Mr. Fleming, Rob Scott brings with him a wealth of 
      conferencing experience which will be a valuable asset to the Board. Mr. 
      Scott, CEO Xelor software, most recently served as president and CEO at 
      IPeria, a provider of network-based voice messaging applications. Prior 
      to IPeria, Scott was chairman and co-founder of Octave Communications, a 
      pioneer in the conferencing industry. Octave was acquired by Voyant 
      Technologies in January 2003.
    
    
      ABOUT COGNITRONICS
    
    
      Cognitronics is a leading supplier of media server solutions to 
      the telecommunications industry. The CX Network Media Servers (CX 
      Series) and VSR1000 are a cost-effective and highly scalable family of 
      carrier class media server platforms, delivering advanced network media 
      solutions in VoIP networks as well as in traditional AIN and TDM circuit 
      switched environments.
    
    
      For more information, visit the company's website at www.cognitronics.com.
    
    
      Statements contained herein which are not historical facts are 
      forward-looking statements. The forward-looking statements in this 
      release are made pursuant to the safe harbor provisions of the Private 
      Securities Litigation Reform Act of 1995. Forward-looking statements 
      involve a number of risks and uncertainties including, but not limited 
      to, the continuance of reduced capital expenditures throughout the 
      telecommunications market, variability of sales volume from quarter to 
      quarter, product demand, market acceptance, litigation, risk of 
      dependence on significant customers, third party suppliers and 
      intellectual property rights, risks in product and technology 
      development and other risk factors detailed in the company's most recent 
      Form 10-K and other Securities and Exchange Commission filings.
    
  
Cognitronics Corporation (AMEX:CGN), a leading provider of audio
conferencing solutions and call processing technology, today announced
the appointment of Bob Fleming to the position of Chairman of the
Board of Directors, effective immediately. Additionally, Rob Scott has
been named to the Board of Directors, as a standing member. Mr.
Fleming succeeds Jack Meehan, who has tendered his resignation as a
director of the company.

   Mr. Fleming's experience in business infrastructure software and
systems and communications technologies will be a driving force in the
company's increased focus on next-generation voice services and
conferencing solutions. Mr. Fleming is a co-founder of Prism Venture
Partners and currently sits on the board of Polatis (formerly
Continuum Photonics), and Kaon Interactive. Prism Venture Partners
currently holds greater than 19% of the outstanding shares in
Cognitronics.

   "I am extremely pleased about taking the post of Chairman of the
Board, said Bob Fleming, Chairman, Cognitronics. "In recent months,
I've seen the company devote significant resources on the next
generation ThinkEngine VSR1000, capitalizing on and extending our
success in the conferencing and voice applications marketplace. I
believe this focus along with our well established CX media server
business, will be the driving force behind our success."

   Along with Mr. Fleming, Rob Scott brings with him a wealth of
conferencing experience which will be a valuable asset to the Board.
Mr. Scott, CEO Xelor software, most recently served as president and
CEO at IPeria, a provider of network-based voice messaging
applications. Prior to IPeria, Scott was chairman and co-founder of
Octave Communications, a pioneer in the conferencing industry. Octave
was acquired by Voyant Technologies in January 2003.

   ABOUT COGNITRONICS

   Cognitronics is a leading supplier of media server solutions to
the telecommunications industry. The CX Network Media Servers (CX
Series) and VSR1000 are a cost-effective and highly scalable family of
carrier class media server platforms, delivering advanced network
media solutions in VoIP networks as well as in traditional AIN and TDM
circuit switched environments.

   For more information, visit the company's website at
www.cognitronics.com.

   Statements contained herein which are not historical facts are
forward-looking statements. The forward-looking statements in this
release are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements
involve a number of risks and uncertainties including, but not limited
to, the continuance of reduced capital expenditures throughout the
telecommunications market, variability of sales volume from quarter to
quarter, product demand, market acceptance, litigation, risk of
dependence on significant customers, third party suppliers and
intellectual property rights, risks in product and technology
development and other risk factors detailed in the company's most
recent Form 10-K and other Securities and Exchange Commission filings.