New World Brands, Inc. Appoints Chief Executive Officer
2010年1月20日 - 8:00PM
ビジネスワイヤ(英語)
New World Brands, Inc. (”COMPANY”) (OTCBB:NWBD) (www.nwbtechnologies.com) is pleased to
announce the appointment of R. Steven Bell as the new Chief
Executive Officer of the Company effective January 11, 2010, as set
forth more fully in the Current Report on Form 8-K filed by the
Company on January 15, 2010. He will retain his positions as
President and member of the Board of Directors. Over the last 30
years, Mr. Bell has held various executive-level management
positions in the telecommunications industry, including that of
Senior Vice President for Bell South Communications, Inc., and
President/CEO of start-up Altus Technologies, Inc., a store and
forward information company. Mr. Bell sold Altus in 1991 to
Intellicall, Inc., a NYSE company specializing in smartphone
technology, and Mr. Bell held the position of Senior Vice President
thereafter.
M. David Kamrat will remain the Chairman of the Board of
Directors of New World Brands, Inc. and assume the position of
Director of Business Development. These changes are consistent with
the terms of the Aeropointe acquisition agreement that the Company
entered into and announced in October of 2009.
The Company believes that these changes will better enable
senior staff in execution of the Company’s core growth areas
resulting in enhanced business performance throughout 2010.
A FULL VERSION OF THE COMPANY’S MOST RECENTLY FILED FORM 8-K IS
AVAILABLE ON THE NEW WORLD BRANDS WEBSITE
(www.nwbtechnologies.com).
About New World Brands
New World Brands is a global telecommunications technology
company. Our mission is to reduce the cost of telecommunication
through advanced technology. Our expertise includes international
Voice Over Internet Protocol (VoIP) call termination, data, and
proprietary break-through mobile communication solutions.
The New World Brands affiliation of companies includes NWB
Networks, NWB Telecom, and NWB Planet Verde. The NWB Networks
division manages the combined hardware offerings of TELES USA, IP
Gear and Qualmax. TELES USA is the exclusive partner of TELES AG, a
Berlin, Germany, and Yokne’am, Israel-based hardware and software
manufacturer of telephony products. The NWB Telecom division trades
in wholesale telecom traffic and direct international routes using
TELES technology. NWB Planet Verde is the social commitment arm
dedicated to bridging the digital divide, using the values of fair
trade, and providing country of origin value to the large
population of first- and second-generation immigrants residing in
the USA. For more information, please visit our website at
www.nwbtechnologies.com.
Safe Harbor
We caution readers that this Report contains “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements, written, oral or
otherwise, are based on the Company’s current expectations or
beliefs rather than historical facts concerning future events, and
they are indicated by words or phrases such as (but not limited to)
“anticipate,” “could,” “may,” “might,” “potential,” “predict,”
“should,” “estimate,” “expect,” “project,” “believe,” “think,”
“intend,” “plan,” “envision,” “continue,” “intend,” “target,”
“contemplate,” or “will” and similar words or phrases or comparable
terminology. Forward-looking statements in this release also
include statements about business and economic trends. Many factors
may cause our actual results to differ materially from those
described in forward-looking statements, including without
limitation those described under “Certain Risk Factors” in our
Annual Report on Form 10-K/A, as filed with the SEC on April 15,
2009, and specifically including the risk that management’s
assumptions and analysis of the potential market for existing and
new products, and our competitive position in that market, prove
untrue, and the risk that management will not be able to
successfully address changing market conditions. New World Brands,
Inc. also disclaims any duty to comment upon or correct information
that may be contained in reports published by the investment
community.
New World Brands (CE) (USOTC:NWBD)
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