AARO Broadband Board Adds International Businessman.Business Editors OKLAHOMA CITY--(BUSINESS WIRE)--Aug. 3, 2000 AARO AARO Association of Americans Resident Overseas AARO Automotive Aftermarket Retailers of Ontario Broadband Wireless See wireless broadband. Communications, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :AARO), a subsidiary of AAROW Environmental Group, Inc. has added Chicago businessman and financial executive Robert Schmidt to its Board of Directors. "Bob Schmidt brings a wealth of financial and business expertise to the AARO board. He is a welcome addition to the team," said AARO Chairman of the Board/Chief Operating Officer Norm Leighty. Schmidt is the President of Schmidt Trading, Inc., an investment and trading company in Hilton Head, S.C. He also sits on the Board of Directors of Avista Corp., a Fortune 500, $5 billion energy, information and technology company with subsidiary operations located throughout North America. Schmidt worked in various capacities at Carson Pirie Scott Carson Pirie Scott & Co., known informally as Carson's, is a chain of traditional department stores that have been in business for over 150 years. Their product price points are targeted to the moderate-to-upscale shopper. in Chicago from 1960-75. His most recent position was that of Chief Financial Officer for the clothing store chain. While at Carson's, Schmidt served as an advisor to the Illinois State Legislature and Treasurer of the Hull House Association, a Chicago-based non-profit social service organization. Schmidt has also been a member of the Chicago Board of Trade Chicago Board of Trade (CBOT) The second largest futures exchange in the US, and a pioneer in the development of financial futures and options. , a partner in commodity clearing giant Refco Capital and a real estate developer. Born and educated in South Africa and Zimbabwe, Schmidt and his family now live in South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. and Colorado. Schmidt's addition brings AARO's board to eight members. Also on the Board of Directors are AARO President/CEO Ron Baker, AARO Vice President and Chief Technology Officer Mike Erhart, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. Norm Leighty, Chief Financial Officer Mike Canfield, Vice President of Internal Affairs Richard Stutsman, Vice President of Business Development Steve Zabel, and aeronautics expert Dr. Bill Miller. About AARO AARO Broadband Wireless Communications, Inc. provides wireless connectivity up to 100 MBps. AARO New World services such as unified communications, IP telephony and videoconferencing services are delivered via a highly secure, carrier-class IP network. For additional news and information, please visit us at www.aarowireless.com. This document includes forward-looking statements, made under the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Provision of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements are generally identifiable by the use of words such as "believe," "expect," "intend," and other words of similar nature. These statements are based on management's current expectations, estimates and projections that are subject to risk and uncertainties, including, but not limited to success of negotiations, availability of financing, political currency and regulatory, competitive and technological developments. Consequently, actual results could differ materially from those forward-looking statements. AAROW Environmental Group, Inc. does not undertake, and specifically disclaims any obligations to update forward-looking statements, which speak only as of the date made. |
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