Advanced Business Sciences Announces Kenneth Macke, Retired Chairman & CEO of Dayton Hudson Corp. to Be an Advisor to Its Board.Business Editors OMAHA Omaha, city, United States Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857. , Neb.--(BUSINESS WIRE)--July 11, 2000 Advanced Business Sciences, Inc. ("ABS (Automatic Backup System) See backup program. ") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ABSH) announced today that Kenneth A. Macke, retired Chairman 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. of Dayton Hudson Corp., will serve as an Advisor to its Board of Directors. Mr. Macke has a distinguished 33-year career with Dayton Hudson Corp. and Target Stores. Mr. Macke became General Merchandising Manager at Dayton Hudson in 1969. In 1973 he joined Target Stores as Senior Vice President. He was named President and Chief Executive Officer in 1976. A year later he was named Chairman and Chief executive Officer and was elected a Senior Vice President of Dayton Hudson. On February 1981, Mr. Macke was elected President of Dayton Hudson, which had $3.3 billion in revenues. He was named Chief Executive Officer in September 1983 and Chairman and CEO from 1984 until April 1994. Dayton Hudson's 1993 revenues were $19.2 billion. "It is with great pride that I welcome Ken Macke as an Advisor to our Board," said Ronald W. Muhlbauer, Chairman of the ABS Board of Directors. "Ken brings with him a reputation and expertise which is highly respected in the business community. We look forward to his valuable input as we continue to implement our aggressive business plan." Commenting on his appointment, Ken Macke stated, "I look forward to working with the Board on being able to bring our product for wireless solutions for tracking and monitoring individuals and corporate assets to the marketplace. Wireless solutions represent a great opportunity for the company's product." Mr. Macke serves as a member of the Board of Directors of Unisys Corporation (company) Unisys Corporation - The company formed in 1984-5 when Burroughs Corporation merged with Sperry Corporation. This was when the phrase "dinosaurs mating" was coined. and Carlson Companies Carlson Companies (sometimes referred to as Carlson) is a privately held international corporation in the marketing, service, travel, and hospitality industries. Headquartered in Minneapolis, Minnesota, in the United States, as of 2005 Carlson Companies owned 5,300 travel . Advanced Business Sciences, Inc. is an Omaha-based global business-to-business communications and information company, providing a broad line of satellite and wireless solutions for tracking, monitoring and reporting of individuals and assets. Its web address is www.abscomtrak.com. This 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. , which are made pursuant to 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. Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including (i) all of the risks and uncertainties associated with a start-up business; (ii) the Company's present lack of capital and it's ability to obtain capital as needed as needed prn. See prn order. ; (iii) intense competition for GPS products and services; (iv) the timely development and market acceptance of the Company's products and technologies; and (v) the successful integration of acquisitions and lines of business. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. |
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