Anything Internet Corp. Appoints Larry Arnold as President and Chief Operating Officer.Business Editors/High Tech Writers COLORADO SPRINGS Colorado Springs, city (1990 pop. 281,140), seat of El Paso co., central Colo., on Monument and Fountain creeks, at the foot of Pikes Peak; inc. 1886. It is a year-round resort and a booming military, technological, and commercial city. , Colo.--(BUSINESS WIRE)--April 11, 2000 Anything Internet Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ANYI) a publicly held e-service company, named Larry G. Arnold, 56, of Littleton, Colorado The City of Littleton is a home rule municipality located in the Denver Metropolitan Area of the State of Colorado. As of 2005, the city is estimated to have a total population of 40,396.[1] Littleton is the 17th most populous city in the State of Colorado. to its board of directors and at the same time appointed him as President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of the company. Recently Mr. Arnold retired as Chairman of the Board 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 Online Power Supply (OTCBB:OPWR) of Englewood, Colorado. William Kroske, Chairman and CEO of Anything Internet Corporation, commented about increasing the depth of management "We are very pleased and fortunate to have a man of Mr. Arnold's abilities and experience join us at this time of rapid growth. With the company implementing its previously announced business plan and going through a very rapid sign up phase of new members and programs, we welcome the management experience that Larry brings to the Company." Mr. Arnold was President and CEO of Glitch Master Marketing Inc. since 1990 and was CEO and Chairman of the Board of Online Power Supply since July 29, 1996 when the two companies merged. Under his stewardship OPWR grew from a $21 million market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. to over $400 million. Prior to that he was President of Nova Resources Corporation, Colorado Springs, Colorado The City of Colorado Springs is the second most populous city (after Denver) in the state of Colorado and the 48th most populous city in the United States.[4] The city is the county seat of El Paso County. , a public corporation and also served as President of Discount Converter Supply Company, of Colorado Springs. Mr. Arnold is currently a Director of Hillsboro State Bank, Hillsboro, Kansas, a post he has held for six years. "This is a very exciting opportunity to be involved with a young company with so much growth potential," said Mr. Arnold. "I look forward to working with this experienced management team as we build this into a national level B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business and B2C (Business to Consumer) Refers to a business communicating with or selling to an individual rather than a company. See B2B. Company." AnyReminder.com is an Internet service that offers free reminders of personal and business appointments, periodic news and consumer updates on the user's areas of interest, coupled with links to gift and shopping sites that fulfill those needs. By strictly adhering to individual preferences, the company is setting a new standard on the Web: e-mail you want to receive. Anything Internet Corporation, headquartered in Colorado Springs, Colorado, is a publicly held Internet e-commerce holding company. www.Anyreminder.com is the Company's consumer site, offering a free personal and business reminder services and daily planner. AnyReminder provides its customers with exceptional product choices, superior pricing and delivery options, and easy-to-use search and purchase capabilities. 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 provides a "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. " for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by Anything Internet Corporation) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the high technology industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of Anything Internet Corporation. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions, changes in federal or state tax laws, and market competition factors. For a description of additional risks and uncertainties, plea se refer to Anything Internet's filings with the Securities and Exchange Commission. |
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