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Microworkz President Steps Down

Microworkz’ Rick Latman said late last week that he will step down as president effective Nov. 15 in order to bring in a management team better able to lead the fledgling low-end PC maker through its early growth phase.

A new president was not named, but the five-month-old company said in a written release that Lance Rosen, Microworkz’ COO, will be part of the new management team.

Latman’s decision comes as the company is expected to start shipping its $199 iToaster PC, which comes with free Internet access and uses the Linux operating system. Latman admitted the company has suffered delivery and production problems in bringing the iToaster, and its predecessor the WEBtzer PC, to market.

“ is beginning to outgrow the start-up mode and it is crucial that our internal systems and controls develop within the context of a larger company. In addition to a successful iToaster launch, recruiting top management personnel has become essential to complete my vision,” Latman said.