AMS Appoints Curtis Smith as Executive Vice President & CFO.SAN DIEGO -- Advanced Marketing Services, Inc. (AMS AMS - Andrew Message System ) (NYSE NYSE See: New York Stock Exchange :MKT MKT Marketing MKT Mortal Kombat Trilogy MKT Missouri-Kansas-Texas Railroad MKT Mobile Kitchen Trailer MKT Mu Kappa Tau (marketing honor society) MKT M.K.Thyagaraja Bhagavathar ), a leading global provider of customized wholesale and distribution services to book retailers and publishers, today announced the appointment of Curtis R. Smith as the company's new Executive Vice President and Chief Financial Officer. Mr. Smith joined the Company in May 2004 as Vice President -- Controller, and previously had been working with AMS on a consulting basis. Bruce C. Myers, AMS President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , said: "I'm pleased to announce this promotion. Curt is a seasoned professional and has proven to me and to the Board of Directors that his experience and skills will help us take AMS through the next stages of our financial development and growth." Mr. Smith previously served as Chief Financial Officer of Road Runner Sports, Inc., and prior to that as the Senior Vice President and Chief Financial Officer of Cayenta, Inc., a subsidiary of the Titan Corporation, from 1999 to 2002. He also served in various other roles at the Titan Corporation, including Corporate Director of Accounting and Shared Services from 1996 until 1999. From 1992 until 1995 he was with Heating & Cooling Supply, Inc., a subsidiary of Watsco, Inc., and served as Controller, Vice President of Finance and Vice President of Operations. Mr. Smith spent more than seven years with Arthur Andersen & Company before departing as an Experienced Audit Manager in 1992. Mr. Smith holds a B.S. in Accounting from San Diego State University San Diego State University (SDSU), founded in 1897 as San Diego Normal School, is the largest and oldest higher education facility in the greater San Diego area (generally the City and County of San Diego), and is part of the California State University system. and is a Certified Public Accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. . About Advanced Marketing Services, Inc. Headquartered in San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. , Advanced Marketing Services, Inc. (AMS) is a leading global provider of customized wholesaling, distribution and publishing services to the book industry. The Company has operations in the U.S., Canada, Mexico, Singapore, the United Kingdom and Australia, and employs approximately 1,400 people worldwide. AMS provides a full range of value-added services that provide its retail customers with book buying advice and expert supply chain management, including advertising and promotional support, to ensure the success of their book programs. The Company's proprietary Vendor Managed Inventory Vendor Managed Inventory (VMI) is a family of business models in which the buyer of a product provides certain information to a supplier of that product and the supplier takes full responsibility for maintaining an agreed inventory of the material, usually at the buyer's (VMI VMI Virginia Military Institute VMI Vendor Managed Inventory VMI Vertical Motion Index VMI Valtakunnan Metsien Inventointi (Finnish: National Forest Inventory) VMI Video Module Interface ) software is a unique tool that allows its book specialists to manage efficiently and effectively the book distribution supply chain for the benefit of its membership warehouse club customers. Publishers Group Worldwide (PGW), the global book distribution arm of AMS, provides independent publishers with exclusive full service English language sales and distribution services. Recent public announcements about Advanced Marketing Services, Inc. are available on both the Company's Website, www.advmkt.com, and on Business Wire, www.businesswire.com. Forward-looking statements in this public announcement are made under the safe harbor provisions 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. All statements other than statements of historical fact are forward-looking statements that involve risks and uncertainties. Certain important factors could cause results to differ materially from those anticipated by the forward-looking statements, including the results of the independent audit of the Company's financial statements, the ongoing internal review, and other factors discussed from time to time in reports filed by the Company with the Securities and Exchange Commission. The Company does not assume any duty to update forward-looking statements. Such statements are based on information available as of the date hereof, and are made only as of the date of this public announcement. |
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