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American Millennium Corporation, Inc. Announces Addition to Management Team.


MOUNT DORA Mount Dora may refer to one of the following geographical locations:
  • Mount Dora, Florida
  • Mount Dora (South Korea)
, Fla.--(BUSINESS WIRE)--April 22, 1999--

American Millennium Corporation, Inc. (AMC (Advanced Mezzanine Card) See AdvancedTCA. ) (Nasdaq OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:AMCI AMCI Advanced Micro Controls Inc.
AMCI Automotive Marketing Consultants, Inc.
AMCI Air Mobility Command Instruction
AMCI Associazione Italiana Medici Cattolici (Italian Association of Catholic Physicians) 
) announced today that the company has reached an agreement to expand its management team with the addition of Andrew F. Cauthen. Mr. Cauthen will serve as the company's President and Chief Executive Officer (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. ). He will also join the board as a director.

"We are extremely pleased to announce that Mr. Cauthen is joining AMC. His coming aboard has been under discussion for an extended period of time," said Stephen F. Watwood, AMC's Chairman of the Board of Directors and former Chief Executive Officer. "I look forward to Mr. Cauthen taking the lead in the management of the company. This will enable me to devote 100 percent of my time to the development of new business for the company including the initiatives underway in the oil and gas industry." Mr. Watwood will serve as Executive Vice President, Business Development.

Mr. Cauthen brings to AMC over twenty-five years of experience in organization, operations, and management of corporations including telecommunications companies. He served as President/CEO for a commercial properties company, Century Capital Property Management Corp. For over ten years he managed its growth to over one billion dollars in assets with 200 employees and approximately fifty-five commercial properties under management throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Mr. Cauthen has been associated as an executive with several companies, most recently as President and CEO of ZapCom International, Inc., a division of Imagitel, Inc.

"Mr. Cauthen has a broad-based knowledge in 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. , organization design and management, finance, acquisitions, development, information services See Information Systems. , consumer products, and marketing," said James C. Statham, Chief Operations Officer/Director and former President of AMC. "His addition to the board will add expertise in areas that will round out the talents of other board members. This will also allow for the best use of the individual capabilities and time of our management team." Mr. Statham will devote his efforts to the operations of the company.

"As President and Chief Executive Officer, Mr. Cauthen will oversee the growth of the company, focusing on finance, budgets, information services, customer support, and administration," added Watwood. "I look forward to working with the directors, management team, and employees of AMC," stated Cauthen. "It is an exciting time in the development of the company. I am eager to pursue the opportunity and challenge of assisting AMC in achieving its objectives."

AMC is a leader in communications, providing wireless solutions including satellite, paging, and cellular. AMC's current value-added solutions include two-way communication Two-way communication is a form of transmission in which both parties involved transmit information. Common forms of two-way communication are:
  • In-person communication
  • Telephone conversations
  • Amateur, CB or FRS radio contacts
  • Computer networks . See back-channel.
 for remote oil and gas sites, as well as being able to monitor multiple functions aboard railcars and intermodal containers. The wireless data is transmitted and received via satellites and can then be posted to the Internet or sent to AMC's service center for use by end users subscribing to the service.

This press release contains forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 that involve risk and uncertainties that could cause the company's actual results and experience to differ materially from anticipated results and expectations expressed in these forward-looking statements. In particular, AMC's plans may be revised, and its actual results may differ materially form that indicated by its current plans.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 22, 1999
Words:527
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