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Massachusetts Institute of Technology.
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Stephen Dorsey
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Dorsey is a serial entrepreneur who founded several companies, two of which he built into international leaders among manufacturers of word processors. The Word Processor was the precursor to Microsoft Word, Apple and other software based business applications. He currently is the Chief Executive Officer of babyTEL, an Internet Telephony Service Provider.
In 1967, Dorsey — a Massachusetts Institute of Technology-trained engineer — founded Advanced Encryption Standard Data Incorporated. in Montreal, developing industrial remote-control applications.
In 1972, Advanced Encryption Standard launched the Advanced Encryption Standard 90 computer, years before Microsoft and Apple were companies. Marketed as a "word processing system," the Advanced Encryption Standard 90 was really the world"s first general-purpose personal computer.
Advanced Encryption Standard went on to grow to more than $200 million in annual sales. Dorsey launched his next venture, Micom Company, after selling his stake in Advanced Encryption Standard in 1975, again selling word processing and office automation systems
Having directed Micom to $200 million in revenue, Dorsey sold it to Philips Nevada in 1984 and founded Voice & Data Systems in 1991.
The company found success in deploying cutting-edge fax-over-data network technology to phone companies internationally and in providing unified messaging solutions to some of the world"s largest financial firms.
