StratoComm Corporation Engages Chief Financial Officer

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Apr 16, 2010, 04:35 ET

ALBANY, N.Y. and EATONTOWN, N.J., April 16 /PRNewswire-FirstCall/ -- StratoComm Corporation (STCO) has agreed to terms of employment with an experienced and highly qualified Chief Financial Officer.

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"I am pleased to announce the appointment of Mr. Ray Lasky, CPA as StratoComm Corporation's Chief Financial Officer. Ray joins StratoComm with twenty-five years of public and private accountancy experience. Ray is leaving his position as Manager with the Small Business Advisory Group of a top 100 U.S. accounting firm. He will formally assume his responsibilities as Vice President & Chief Financial Officer on May 1, 2010," stated Mr. Roger D. Shearer, CEO.

"As a StratoComm shareholder from its formative years I have intimate knowledge of its mission and what is required for realization of its full potential. I am pleased to now have the opportunity to directly impact StratoComm's growth and movement to a prominent global position within the telecommunications sector," stated Lasky.

"We are very fortunate to have secured such a highly qualified individual as Ray. His tax and business advisory experience will support refinement of StratoComm's financial management strategies. His presence will also ensure more efficient completion of StratoComm's audited financials, the introduction of enhanced internal financial systems and critical project management controls," Shearer added.

StratoComm Corporation is a developer and provider of telecommunications infrastructure technologies with a specific focus to the delivery of ubiquitous and cost sensitive communication services to the developing world. The company is further committed to the allocation of a portion of each system's service capacity for the provision of low cost/no cost social and economic outreach programs.

Safe Harbor Disclosure – This Press Release contains or incorporates by reference

" Forward-looking statements," including certain information with respect to plans and strategies of StratoComm Corporation. For this purpose, any statements regarding this announcement, which are not purely historical, are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, including StratoComm Corporation beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and based on information available to StratoComm Corporation as of such date. There are a number of important factors that could cause actual events or actual results of StratoComm Corporation and its subsidiaries to differ materially from those indicated by such forward looking statements.

Company web site: www.stratocomm.net

SOURCE StratoComm Corporation