ATSI Announces Resignation of Chief Financial Officer.Business Editors & High Tech Writers ATSI ATSI Aboriginal and Torres Strait Islander (Australia) ATSI Association of Thai Software Industry ATSI Association of TeleServices International ATSI American Transmission Systems, Inc. Communications, Inc. (AMEX AMEX See: American Stock Exchange :AI) today announced that H. Douglas Saathoff, Chief Financial Officer of ATSI, has resigned to pursue other opportunities. J. Christopher Cuevas, ATSI's Vice President Corporate Controller and Treasurer will assume Saathoff's responsibilities on an interim basis. Arthur L. Smith, ATSI's Chairman and Chief Executive Officer commented, "We will diligently continue our strategic direction with emphasis on growing revenues, aggressively managing expenses and taking advantage of opportunities that contribute to the company. We appreciate Doug's commitment during his tenure at ATSI and wish him well in his future endeavors." ATSI Communications, Inc. is an emerging international carrier serving the rapidly expanding niche markets A niche market also known as a target market is a focused, targetable portion (subset) of a market sector. By definition, then, a business that focuses on a niche market is addressing a need for a product or service that is not being addressed by mainstream providers. in and between Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , primarily Mexico. The Company's borderless strategy includes the deployment of a "next generation" network for more efficient and cost effective service offerings of domestic and international voice, data and Internet. ATSI has clear advantages over the competition through its corporate framework consisting of unique licenses, interconnection and service agreements, network footprint, and extensive retail distribution. This news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . These statements describe management's beliefs and expectations about the future. We have identified forward looking statements by using words such as "expect," "believe," and "should." Although we believe our expectations are reasonable, our operations involve a number of risks and uncertainties, and these statements may turn out not to be true. More detailed information about ATSI Communications, Inc. is available in the Company's public filings with the Securities and Exchange Commission. |
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