Arthur Bernstein and Michael Iscove Resign as Officers and Directors of NetCurrents Information Services.Business Editors & High Tech Writers BEVERLY HILLS Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. , Calif.--(BUSINESS WIRE)--Dec. 12, 2001 NetCurrents Information Services See Information Systems. , Inc. (NCIS NCIS Naval Criminal Investigative Service NCIS National Coroners Information System (Australia) NCIS Nebraska Career Information System NCIS National Crime Intelligence Service NCIS National Coalition of Independent Scholars .OB) announced today the resignation of its Executive Vice-President, Secretary and Director, Arthur Bernstein, and its Chief Financial Officer and Director, Michael Iscove. Neither Mr. Bernstein or Mr. Iscove have received compensation since May, 2001, and resigned based on the Company's failure to meet its contractual monetary obligations to them. Irwin Meyer, 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. commented, "Both Arthur and Michael have been loyal and dedicated employees and directors for many years. Unfortunately, the Company's current financial condition and inability, to date, to raise additional working capital to support its full operations caused them to resign. I wish them both best of luck in their future endeavors." For more information, please contact: Mr. Irwin Meyer 310/860-0200 |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion