Infinite Networks Corporation (Pink Sheets: INNX) announced today that Mr. Gregory A. Chapin has decided to accept the position as Infinite's Chief Executive Officer. Mr. Chapin is a resident of Los Angeles, California. He has over 35 years of experience in both national and international business environs. Mr. Bush, President of Infinite, announced that the CEO position selection was made by the Board of Directors for 2006. Mr. Bush further stated that Mr. Chapin's international experience will add to the Company's international coverage in Europe as well as many other key global markets to expand the Company's new Combustible Engine Technology. Mr. Chapin possesses a Bachelors Degree in Public Administration/Human Resources with Masters Studies in Business Administration. He also holds a Lifetime Teaching Credential from the State of California. Mr. Chapin is constantly sought after by both governmental agencies and private enterprises to lecture and consult in many business related fields, and includes in his experience, sessions as an instructor for the United States Federal Bureau of Investigation, Justice Department, Offices of the Attorneys General in several states, as well conducting seminars and symposiums for numerous international business affiliations. In an interview with Mr. Chapin, he stated, "Prior to accepting the position as Infinite's CEO, I felt that additional due diligence was required to aid in my understanding of this innovative concept called CET. I took the opportunity to travel to the CET facilities in Jacksonville, Florida. There, I was able to personally view the hypothesis/i.e. engine concept design in action. The inventor, Mr. Solaroli, started the air-cooled racing engines in two Porsche vehicles, one retro-fitted, and the other a regular (non-retro-fitted) factory engine. He continued to explain the retro-fit concept formula that he had been working on for over a decade. Mr. Solaroli then reached down and, with his bare hands, touched the engine manifold which had been running; at idle, for approximately ten (10) minutes. Mr. Solaroli asked me to also touch the engine. I had a tremendous amount of trepidation in touching a normally very hot running engine. At this point, I cautiously reached down and touched the retro-fitted CET concept design engine. Amazingly, the engine compartment area was cool to the touch. Mr. Solaroli indicated that the engine was, based on his design specifications, running in a pressurized condition that added increased horsepower, fuel efficiency, and added overall engine performance. I began to immediately try to assess the worldwide impact of the Combustible Engine Technology design in both the short and long term of retrofit(s) and ultimate production. Suggestions were presented to engender independent third party value assessments, as well as affirmation by a third party as to CET theory design, configuration, confirmation testing and testimonials. Each of these steps was undertaken, and outcomes will be forthcoming." Infinite Networks Corporation markets High Efficient Advance Technology "H.E.A.T." through CET, LLC for the global Automotive and Marine/Boating industries. This release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Some of the statements contained in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), that involve substantial risks and uncertainties. Some of the forward-looking statements can be identified by the use of words such as "anticipate," "believe," "estimate," "may," "intend," "expect," "will," "should," "seeks" or other similar expressions. Forward-looking statements are based largely on management's expectations and involve inherent risks and uncertainties. These risks include, but are not limited to, the demand for implementation of Infinite Networks Corporation services and the ability of the company to successfully implement its strategies, each of which may be impacted, among other things, by economic and/or competitive conditions. You should not place undue reliance on any forward-looking statement, which speaks only as of the date made. Many of these factors are beyond our control. The Company cautions that the foregoing factors are not exclusive.
Infinite Networks (CE) (USOTC:INNX)
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