Ambassadors International Completes Bitterman & Associates Merger.NEWPORT BEACH Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif.--(BUSINESS WIRE)--Jan. 6, 1997-- Bitterman and Associates has been merged into a subsidiary of Ambassadors International -- Ambassadors Performance Improvement (API). Bitterman joins the Helin Organization, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Ambassadors International, as part of a growing company dedicated to the development and implementation of performance improvement programs for corporate clients. In addition, during the merger transaction, Bitterman completed the acquisition of P.E. Aussem Co., and incentive company located in Fairway, Kan., a suburb of Kansas City Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). . The Aussem company will also become part of API. These business -- Aussem, Bitterman and Helin -- have complementary approaches, clients and product lines that offer the potential of near-term impact for API. John Ueberroth, 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 Ambassadors International, was pleased to see the completion of the transactions: "We believe that the employees of Bitterman and Aussem can have an immediate impact on the business. Both companies also have a strong base of high profile accounts that will allow us to continue building our client portfolio." Bitterman has headquarters in Minneapolis, Minn., develops and manages custom performance improvement programs designed to help clients achieve specific goals and objectives. With a full-time staff of 50 employees, Bitterman provides a full spectrum of performance improvement applications, from merchandise awards systems to database management for client programs. Ambassadors International, with over 30 years of history behind it, develops, markets and organizes high-quality travel experiences for corporate clients, adult professionals and students. AII AII Auto ID Infrastructure AII Agence de l'Innovation Industrielle (French Agency for Industrial Innovation) AII Active Input Interface (used in UNI PMD specs for Copper/Fiber) AII ASEAN Information Infrastructure has offices in Newport Beach, Calif.; Spokane, Wash.; Winnebago, Ill.; Minneapolis, Minn.; San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , Calif.; Philadelphia, Penn.; Chicago, Ill.; Fairway, Kan.; and Lacrosse lacrosse (ləkrôs`), ball and goal game usually played outdoors by two teams of 10 players each on a field 60 to 70 yd (54.86 to 64.01 m) wide by 110 yd (100.58 m) long. Two goals face each other 80 yd (73. , Wisc. CONTACT: Ambassadors International John Ueberroth, 714/720-9646 |
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