Printer Friendly
The Free Library
4,659,290 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Affiliated Resources Corporation Announces the Election of New Board Member.


CLEVELAND--(BUSINESS WIRE)--Sept. 15, 1998--Affiliated Resources Corporation (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB:SYTS) today announced the election of Edward Feighan as a member of the company's board of directors. Chairman Peter Vanucci stated "I am delighted that Mr. Feighan has joined our board. His experience will be particularly helpful given Affiliated's near term growth strategies."

Edward Feighan is currently the managing partner of Alliance Limited, a Cleveland, Ohio-based firm specializing in mergers and acquisitions and merchant banking services. From November 1996 to December 1997, Mr. Feighan served as the founding president, chief executive officer and director of Century Business Services Inc. (formerly International Alliance Services Inc.) During his tenure, the publicly-owned Century undertook a strategic redirection to become one of the country's fastest growing business services companies. Throughout most of 1998, Mr. Feighan served as senior vice president of Century. Century has recently been recognized as the best growth company in Ohio by the Cleveland Plain Dealer. Mr. Feighan continues to provide consulting services to Century.

Mr. Feighan is, as well, a founding partner of American Foreign Capital Partners (AFCAP AFCAP Air Force Contract Augmentation Program (USAF)
AFCAP Armed Forces contract augmentation program (US DoD)
AFCAP Air Force Capability Assessment Program
). Maintaining offices in Cleveland, Ohio "Cleveland" redirects here. For the Cleveland metropolitan area, see . For other uses, see Cleveland (disambiguation).
Cleveland is a city in the U.S. state of Ohio and the county seat of Cuyahoga County, the most populous county in the state.
, and St. Petersburg, Russia, AFCAP represents several multi-national businesses in the former Soviet Union.

From 1993 to 1996, Mr. Feighan was a principal in Alliance Holding Corporation, a privately owned specialty insurance business. The Alliance companies provided niche market 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.
 insurance underwriting for businesses nationwide. Alliance merged its operating entities into Century Business Services in 1996.

Mr. Feighan served 20 consecutive years in elected office beginning in 1972. He served as a State Representative for six years, a Cuyahoga County Commissioner for four years, and as a Member of the United States House of Representatives for 10 years. Congressman Feighan has been recognized as a leading authority on foreign policy and international trade and finance.

Throughout his tenure in Congress, Congressman Feighan served on the House Judiciary Committee and the House Foreign Affairs Committee See also United States Senate Committee on Foreign Relations

The Foreign Affairs Committee is one of many Select Committees of the British House of Commons, which scrutinises the work of the Foreign and Commonwealth Office.
. In 1979, Congressman Feighan received a Presidential Appointment and Commission from President Jimmy Carter to serve on the National Advisory Council on Economic Opportunity.

As a Member of the Foreign Affairs Committee, Congressman Feighan worked extensively with several human rights organizations and led or joined several human rights missions to Korea, El Salvador, North Africa and the Middle East. Additionally, he developed substantial experience in dealing with both American and multilateral financial organizations including the World Bank, the Overseas Private Investment Council, the International Monetary Fund, and the European Bank for Reconstruction and Development European Bank for Reconstruction and Development

Bank targeted at Eastern Europe and the former Soviet Union.
.

Since departing Congress in 1993, Congressman Feighan has served as a member of the Commission on Privatization privatization: see nationalization.
privatization

Transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned
 in Russia; the U.S. Commission for improving the United Nations; the Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors.  of the National Democratic Institute for International Affairs The National Democratic Institute for International Affairs (NDIIA or NDI) is an organization created by the United States government by way of the National Endowment for Democracy (NED) to channel grants for furthering democracy in developing nations. ; the Handgun Control Federation of Ohio; the National Council of International Programs; and the Rock and Roll Hall of Fame The Rock and Roll Hall of Fame and Museum is a museum in Cleveland, Ohio, United States, dedicated to recording the history of some of the best-known and most influential artists, producers, and other people who have in some major way influenced the music industry, particularly in  and Museum.

Congressman Feighan earned a law degree from Cleveland State University Cleveland State University, at Cleveland, Ohio; coeducational; founded 1964, incorporating Fenn College (est. 1923). The Cleveland-Marshall School of law was incorporated in 1969.  in 1978 after completing his undergraduate studies at Borromeo Catholic Seminary, Cleveland, Ohio and Loyola University, New Orleans, La. He and his wife, Nadine Hopwood Feighan, have four children.

Synaptix Systems Corporation doing business as Affiliated Resources Corporation is being repositioned as a company engaged in the acquisition of companies involved in the application of high technology, both in the business service industry and natural resources, and is currently considering related and other acquisitions.

CONTACT: Synaptix Systems Corporation

Peter C. Vanucci, 440/838-0770
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Sep 15, 1998
Words:565
Previous Article:Global High Income Dollar Fund Inc. Reports Earnings.
Next Article:FAFCO Reaches 1,000,000 Mark.
Topics:



Related Articles
New company to ease co-op/condo elections. (Co-op Election Co.) (Company Profile)
Proposed revisions to NEHA's constitution and bylaws. (National Environmental Health Association)
Articles of incorporation & bylaws: National Environmental Health Association.
State effect of sec. 338(h)(10) election.
FEC approves new rules for definition of member.(Federal Election Commission)
Four Elected to Serve on National Board.(American Camping Association)(Brief Article)
MTNA Bylaws.(Music Teachers National Association)
Labor pains: grad student unions active at many schools. (Update).
MTNA bylaws.(Music Teachers National Association)
Constitution and bylaws of the Renaissance Society of America as amended 28 March 2003 at the 49th Annual Council Meeting held in the Colony Toronto...

Terms of use | Copyright © 2008 Farlex, Inc. | Feedback | For webmasters | Submit articles