Another ``Brick and Mortar Guy'' Joins MerchantOnline.com as Chief Administrative Officer.Business Editors BOCA RATON, Fla.--(BUSINESS WIRE)--Feb. 28, 2000 MerchantOnline.com Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :MRTO) and (MH6), announced today that Robert Hausman has joined the company as chief administrative officer A chief administrative officer (CAO) is responsible for administrative management of private, public or governmental corporations. The CAO is one of the highest ranking members of an organization, managing daily operations and usually reporting directly to the chief executive . "Mr. Hausman's broad range of experience in managing both private sector and public companies will be a tremendous asset to our fast growing company," said MerchantOnline.com President 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. Tarek Kirschen. "He has the ability to implement a strong corporate structure to manage effectively our east to west coast operation, including the increasing number of employees." Prior to joining MerchantOnline.com, from 1978 to 1994, Mr. Hausman was a principal in a specialty textile manufacturing company in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . After relocating to Florida in 1994, he started a fire protection distribution and supply company. In 1997, the fire protection company was acquired by a public company, where Mr. Hausman served as president until December 1999. Hausman received his MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration in Management and Marketing from Bapson College in Wellsley, Mass. Founded in December 1997, MerchantOnline.com offers one-stop solutions for merchants who want to set up and maintain a store on the Internet. It provides businesses with real-time secure credit and debit card processing, shopping cart services and online checking transactions. Except for historical matter, the matters in this press release are forward-looking statements and are made pursuant to the safe harbor provision 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. The forward-looking statements reflect assumptions and involve risks and uncertainties, which might affect the company's business and prospects and cause actual results to differ materially from these forward-looking statements. For more information, visit www.MerchantOnline.com. |
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