ADGI Announces Joe Swanson Joining Global Transmedia.Business Editors/Technology Writers NEW YORK--(BUSINESS WIRE)--Jan. 22, 2002 American Diversified Group, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ADGI), announced today that Joe Swanson has agreed to join Global Transmedia Communications Corp. ("Global") as acting 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. . Jerrold R. Hinton, President of ADGI stated, "We are very pleased to have Joe Swanson accept our offer to join the management team of Global as Chief Operating Officer. Mr. Swanson is a world-class telecommunications executive with lifelong business experience with such telecommunications giants as Bell Systems, MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. , and WorldCom. Mr. Swanson is the type of high level internationally known executive that will help speed our continuing growth and development to the next tier in telecommunications, and by joining us, he will provide the recognition to the international telecommunications community that will permit us to attract business from the major players." Mr. Swanson stated, "I am excited about joining the ADGI/Global family and the future prospects I see for the company. I firmly believe the next twelve months for ADGI/Global will see considerable growth and expansion of its core business as well as the opportunity to develop several new ventures." Since 1968 Mr. Swanson has held positions with New York Telephone The New York Telephone Company (NYTel) was organized in 1896, taking over the New York City operations of the American Bell Telephone Company. Predecessor companies The Telephone Company of New York and then various positions with MCI/Worldcom, including Manager, International Business Development, for MCI International. Mr. Swanson is an internationally recognized expert in the field of telecommunications with a worldwide network of contacts. He has over thirty years of experience in the management, design, implementation, and operations of large-scale telecommunications networks. His career has touched on virtually every aspect of telecommunications, both domestic and international, including international business development, network engineering, operations, switching and transmission system design, data services and product development. Mr. Swanson participates in numerous ITUT ITUT Irish Trade Union Trust ITUT International Telecommunication Union - Telecommunication Standardization Sector (usually seen as ITU-T) ITUT Internationales Transferzentrum für Umwelttechnologie (International Telecommunications Union See ITU. (body, standard) International Telecommunications Union - (ITU) ITU-T, the telecommunication standardisation sector of ITU, is responsible for making technical recommendations about telephone and data (including fax) communications systems for PTTs and suppliers. - Telecommunications), activities and forums, headquartered in Geneva Geneva, canton and city, Switzerland Geneva (jənē`və), Fr. Genève, canton (1990 pop. 373,019), 109 sq mi (282 sq km), SW Switzerland, surrounding the southwest tip of the Lake of Geneva. , Switzerland, within the United Nations System (http://www.unsystem.org/, where governments and the private sector coordinate global telecom networks and services. He is a long time member of the ITUT Quality of Service Development Group and currently serves as Vice Chairman. Additionally, he is a member of the Editorial Advisory Committee of the QSDG (Quality of Service Development Group) magazine, is author of "The Handbook for DCME" (PDMI Ltd, London) a leading treatise on Digital Circuit Multiplication Equipment Digital Circuit Multiplication Equipment (DCME) is a type of voice compression equipment that is installed at either end of a long-distance link (typically satellite or submarine). The main characteristics of DCME are defined in ITU-T recommendation G.763. and has numerous other publications to his credit. Mr. Swanson received his Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies Degree in Telecommunications and Management, from the State University of New York (body) State University of New York - (SUNY) The public university system of New York State, USA, with campuses throughout the state. and holds licenses from the Federal Communications Commission Federal Communications Commission (FCC), independent executive agency of the U.S. government established in 1934 to regulate interstate and foreign communications in the public interest. . Jerrold R. Hinton, President of ADGI, went on to say: "We have planned to make the year 2002 an extraordinary growth year where we are planning to bring up many new networks, add significant new products and seek additional new opportunities. We believe Joe Swanson will add needed and additional management, contacts, experience and abilities for us to achieve these goals and open new opportunities for us." Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Placement Act of 1995. The words "forecast", "project", "intend", "expect", "should", "would", and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements. The above are more fully discussed in the Company's SEC filings. |
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