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AutoInfo, Inc. Announces Board Restructuring.


MONTVALE, N.J.--(BUSINESS WIRE)--Jan. 21, 1999--AutoInfo, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB:AUTO) today announced the expansion of its Board of Directors to include Charles A. Mills, III, Thomas (language) Thomas - A language compatible with the language Dylan(TM). Thomas is NOT Dylan(TM).

The first public release of a translator to Scheme by Matt Birkholz, Jim Miller, and Ron Weiss, written at Digital Equipment Corporation's Cambridge Research Laboratory runs
 C. Robertson and Peter C. Einselen.

Messrs. Mills, Robertson and Einselen are the Chairman, President and Senior Vice President of Anderson Anderson, river, Canada
Anderson, river, c.465 mi (750 km) long, rising in several lakes in N central Northwest Territories, Canada. It meanders north and west before receiving the Carnwath River and flowing north to Liverpool Bay, an arm of the Arctic
 and Strudwick and have joined the Board as the designees of the holders of the Company's subordinated debt Subordinated Debt

A loan (or security) that ranks below other loans (or securities) with regard to claims on assets or earnings. Also known as "junior security" or "subordinated loan".
. In addition, Mr. Robertson has been elected as the Chairman of the Board of Directors of AutoInfo, a position that had been vacant.

The Company further announced that William Wunderlich, its Chief Financial Officer, has also been appointed President, effective immediately.

Tom Robertson For information about the 19th century playwright, see Thomas William Robertson

Tom Robertson (Born 1873, died circa 1939) was a Scottish international footballer who played for Liverpool Football Club in the late 19th and early 20th centuries, helping them to a
, Chairman of the Board of Directors, stated "The Board and management of AutoInfo are dedicated and focused on identifying and consummating a transaction that will create value for our shareholders. I look forward to participating in this process."

This 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.
" based on current expectations but involving known and unknown risks and uncertainties. Actual results or achievements may be materially different from those expected or implied. The Company's plans and objectives are based on assumptions involving judgments with respect to future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the control of the Company. Therefore, there can be no assurance that forward-looking statements will prove to be accurate.
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Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jan 21, 1999
Words:237
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