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Ahura Names Douglas Kahn Chairman and CEO

10 October 2005

Ahura Corporation, award winning
manufacturer of handheld instruments for chemical identification, today
announced that R. Douglas Kahn has been elected to the Board of Directors
and named Chairman and CEO. Dr. Daryoosh Vakhshoori, the company's founder
and a Board member, was named President.

Doug Kahn is an internationally recognized entrepreneur, who brings more
than 25 years of executive management experience to Ahura. He has an
extensive track record of leadership in high technology companies.

"I am happy to have Doug joining our team and I'm looking forward to a
close and rewarding working relationship with him. He brings a wealth of
experience and a proven track record to the company," said Dr. Vakhshoori.
"Ahura has a powerful product platform, strong initial market penetration
and the vision to be a market leader. Doug is an excellent addition to the
team and will certainly help us achieve our objectives for rapid growth
and industry leadership," Dr. Vakhshoori added.
(Click here for details) Ahura Corporation announced that R. Douglas Kahn has been elected to the Board of Directors and named Chairman and CEO. Doug Kahn is an internationally recognized entrepreneur, who brings more than 25 years of executive management experience to Ahura. He has an extensive track record of leadership in high technology companies.










Highlighted Links




Ahura site









Mr. Kahn has high praise for the team at Ahura. "I am tremendously
impressed by Daryoosh and the high caliber team he's assembled. Ahura has
developed breakthrough optical technology and used it to create a line of
products that meet the high standards of the military and first responders
in the field. Ahura's proprietary hardware and software position the
company well in these and other emerging markets. It's an exciting company
and I'm thrilled to be given the opportunity, together with Daryoosh, to
lead this great team."

Nina Saberi, Founder and Partner at Castile Ventures, who also retains a
seat on the Company's Board noted, "We are fortunate to have Doug Kahn
joining the company at this juncture. With its industry leading technology
and strong market positioning, the company is poised for rapid growth.
Kahn brings additional leadership skills and management experience to help
guide the company through this exciting phase of its development."

Ahura enjoys strong support from leading venture capital investors: Castile
Ventures, ComVentures, ARCH Venture Partners and SUIT Growth Fund. The
company has raised more than $20 million, in two rounds of financing. "I am
pleased with the quality of the investor group, the applicability of their
prior operating experience, their strong commitment, and the strategic
insight they provide to the company through their active participation on
the Board," said Kahn. "It's great to be working with such a talented and
dedicated group of people."

Prior to joining Ahura Corporation Mr. Kahn was CEO and President of
PanAmSat Corporation, a leading international provider of satellite-based
communications services. Prior to PanAmSat, he served as Chairman and CEO
of Easel Corporation, guiding this software company through three rounds of
venture capital investment, a successful IPO and ten years of growth. Kahn
currently serves on the board of Tetragenetics, Inc. and previously served
as a director of ServiceSoft, Advanced Visual Systems, The Massachusetts
Software Council, and the Information Technology Association of America
(ITAA). Kahn holds an MBA from Stanford University and a BS in operations
research and industrial engineering from Cornell University.

About Ahura -- Ahura Corporation has developed award-winning technology and
is leading the realization of portable optical systems for homeland
security, life sciences, industrial, and communications markets. Ahura's
OpticalEngine technology offers superior performance at disruptive prices.
The company is collaborating with OEM customers and government agencies on
medical, industrial and security applications. Visit www.ahuracorp.com.













CONTACT
Eric Schmidt
978-657-5555 ext.120
Email Contact
SOURCE: Ahura

Source: Marketwire


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