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American Quantum Cycles Inc. Strengthens Its Management Team.


MELBOURNE, Fla.--(BUSINESS WIRE)--Nov. 4, 1997--American Quantum Cycles Inc. (Nasdaq OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:AMQC) Tuesday announced that it has appointed a new 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.  and a director of finance.

Effective Nov. 1, 1997, the board of directors elected Richard K. Hagen to the position of chief executive officer and chairman of the board. A 1980 graduate of the U.S. Naval Academy, Hagen brings a proven track record of exceeding financial goals and has taken a number of operating divisions/companies through dramatic growth phases.

Hagen has a strong background in managing high tech organizations with experience as operating officer and general manager (1990-1994) at Syscon Services, an engineering services and systems integration subsidiary of Harnischfeger Industries. Hagen also has unique experience in leveraging cutting-edge technologies such as electronic commerce, supply chain management, intranet and extranets through the MARKTECH Group Inc., an Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
 consulting and an Internet/extranet company he founded and ran (1995-1997).

On Oct. 20, 1997, Linda Lee Linda Lee may refer to:
  • Linda Lee Cadwell - Wife of Bruce Lee and mother of Brandon Lee
  • Linda Lee - Import Car Model
  • Linda Lee, a Bishop of the United Methodist Church
  • Linda Lee Thomas - Wife of Cole Porter
 Condon joined the staff of AMQC as the director of finance. Condon brings to AMQC almost 30 years of accounting and finance experience in a variety of organizations and environments. Beginning in the early 70's she worked on the consolidation of direct operations regional offices for Exxon before assuming a supervisory position in one of the regional offices.

During the 80's her direct employment and consulting assignments included managing expansion for an export company and a manufacturing firm, as well as work for a large non-profit organization A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes. , all in New Jersey. While a member of Accountants for the Public Interest during most of the 80's, Condon served on the New Jersey sections conference committee.

She comes to AMQC having spent the last five years in public accounting firms in Salt Lake City.

Robert L. Guess, president of AMQC, stated: "Hagen will give American Quantum Cycles the leadership it needs to move forward as a major force in the heavy cruiser The heavy cruiser was a type of cruiser; a naval warship. The first heavy cruisers were built in 1915, although the official definition was not finalised until much later (see below).  motorcycle motorcycle, motor vehicle whose design is based on the bicycle. The German inventor Gottlieb Daimler is generally credited with building the first practical motorcycle in 1885. The motorcycle did not become dependable and popular, however, until after 1900.  market. Hagen's experience includes attracting top management personnel to fill key roles on the management team, and we're happy to have him leading the way. Condon has already implemented a number of financial policies that have enabled us to better manage our resources. Her strong accounting experience makes her a valued addition to the management team."

Hagen, CEO, stated: "We will continue to seek highly qualified individuals from within the motorcycle industry as they are needed. Our current task is to let the world know that our state of the art motorcycle, the Q2, is available and that we are seeking qualified dealers. This is an exciting company with tremendous potential, and I am glad to be part of the American Quantum Team."

AMQC is currently in production and is accepting qualified dealer applications.

American Quantum Cycles manufacture premium quality, high performance cruising motorcycles. AMQC motorcycles feature fully balanced internal components utilizing space age materials, which set new standards in power, smoothness and reliability.

CONTACT: American Quantum Cycles, Melbourne

www.quantumcycle.com

or

Greenstone green·stone  
n.
Any of various altered basic igneous rocks colored green by chlorite, hornblende, or epidote.


greenstone
Noun

NZ a type of green jade used for Maori carvings and ornaments

 Financial Corp., Coral Springs Coral Springs, city (1990 pop. 79,443), Broward co., SE Fla.; inc. 1963. Largely residential, it is a city that has grown rapidly along with the southern Florida and Fort Lauderdale area. The population of Coral Springs nearly doubled between 1980 and 1990.  

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Publication:Business Wire
Date:Nov 4, 1997
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