AmeriResource Announces Relocation of Corporate Offices to Rolling Meadows, Illinois and Web Site Development Program.Business Editors DES PLAINES Des Plaines, city, United States Des Plaines (dĕs plānz), city (1990 pop. 53,223), Cook co., NE Ill., a suburb of Chicago on the Des Plaines River; inc. 1925. Among its manufactures are chemicals and electronic equipment. , Ill.--(BUSINESS WIRE)--Jan. 25, 2000 Delmar Janovec, 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 AmeriResource Technologies, Inc. (ARET A`ret´ v. t. 1. To reckon; to ascribe; to impute. ) announced today that the Company has reached an agreement to relocate the corporate offices to Rolling Meadows, Illinois Rolling Meadows is a city in Cook County, Illinois, United States. The population was 24,604 at the 2000 census. Geography Rolling Meadows is located at (42.076209, -88.025911)GR1. . Mr. Janovec, Chairman and CEO, commented, &uot;Our relocation is part of our strategic move to be located in a major financial market to continue to have access to our investment banking relationships. Our growth will require our management team to have access to a major transportation hub and after in-depth analysis we felt Chicago was the best location. Our new offices will be completed on or before January 31, 2000 and will enable our Company to centralize all senior management and accounting functions in one location, thereby allowing our senior management team access to all necessary information on an immediate basis.&uot; Mr. Janovec further stated, &uot;We have made arrangements for a web site to be developed as soon as possible. We are hoping we will have a preliminary site on line in thirty days. Our goal is to consolidate in one location a resource for our shareholder to track our ever-growing property portfolio and monitor our progress. The web site will enable our present shareholders and prospective shareholders to access one central web site and link to our subsidiary companies' web sites from one main location. Additionally, it will provide our shareholders access via the Internet, to our public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most department, an option to receive electronic newsletters, and keep informed about potential new investment opportunities in our ever growing company.&uot; Statements in this press release include forward-looking statements that include risk and uncertainties. The forward-looking statements in this press release are made pursuant to 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. 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. Actual results may differ materially due to a variety of factors, including without limitation the Company's ability to produce and market certain products and/or services and other risks detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. |
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