Advantage Marketing Systems President Resigns.Business Editors/Health and Medical Writers OKLAHOMA CITY--(BW HealthWire)--May 25, 2000 Advantage Marketing Systems, Inc. ("AMS AMS - Andrew Message System ") (AMEX AMEX See: American Stock Exchange :AMM AMM Autorisation de Mise sur le Marche (French) AMM Autorisation de Mise sur le Marché (French: Commission of Marketing Authorization) AMM ASEAN Ministerial Meeting AMM American Metal Market ) today announced the resignation of Roger P. Baresel as President of the company. Mr. Baresel had served as president since July 1, 1995. During his tenure, the company's annual sales increased from $2.5 million to in excess of $22.4 and its annual earnings increased from $80,000 to in excess of $1.2 million. Mr. Baresel, 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. , will be returning to private practice. Commenting on Mr. Baresel's resignation, Founder 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. John W. Hail said: "During Roger's tenure we made tremendous progress, including the successful completion of two public offerings and the listing of our common stock on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. . He will be greatly missed; however, he leaves in place an extremely talented management team, and we are positioned for even more spectacular growth over the next five years." AMS markets more than 100 natural nutritional supplements Nutritional Supplements Definition Nutritional supplements include vitamins, minerals, herbs, meal supplements, sports nutrition products, natural food supplements, and other related products used to boost the nutritional content of the diet. , weight management products, skin and hair care products and cosmetics based on herbal-based proprietary product formulations. The Company's products are distributed by more than 72,000 independent distributors. For more information, visit the Company's web site at www.amsonline.com. Certain statements in this release may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Certain, but not necessarily all, of such forward-looking statements can be identified by the use of forward-looking terminology such as "anticipates," "believes," "expects," "may," "will," or "should" or other variations thereon, or by discussions of strategies that involve risks and uncertainties. The actual results of the Company or industry results may be materially different from any future results expressed or implied by such forward-looking statements. |
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