Affiliated Resources Corporation Announces New President.Business Editors HOUSTON--(BUSINESS WIRE)--Feb. 2, 2000 Affiliated Resources Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ARCX) announces the appointment of Mr. Michael R. Bradle as president and 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. . Mr. Bradle is a seasoned management executive with experience in management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects , strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. , and corporate operations. He is also active in the energy business and currently is involved in several oil and gas Limited Partnerships. Mr. Peter C. Vanucci, 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. , stated, &uot;We welcome Mr. Bradle as a key member of our management team. He brings specific expertise which will be instrumental to the company's strategic growth plan.&uot; Mr. Bradle is a graduate of Texas A& University and resides in Lampasas, Texas. Affiliated Resources Corporation is engaged, through its Chemway division, in the blending, packaging and distribution of automotive aftermarket fluids and is currently pursuing related acquisitions. Statements included in this press release which are not historical in nature, are intended to be, and are hereby identified as &uot;forward-looking statements&uot; for purposes of the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provided by Section 21E of the Securities Exchange Act of 1934, as amended by Public Law 104-67 and 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. Forward-looking statements may be identified by words including &uot;anticipate,&uot; &uot;believe,&uot; &uot;intends,&uot; &uot;estimates,&uot; &uot;expects,&uot; and similar expressions. Affiliated Resources Corporation cannot guarantee that agreements or contracts will be fulfilled by its customers or distributors. The Company cautions readers that forward-looking statements, including, without limitations, those relating to the Company's future business prospects are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. |
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