Bill Day, President of H&M Foods, to Sit On CBQ Board of Directors: Michael Sheriff Resigns From the Board to Pursue Other Activities.FORT WORTH, Texas--(BUSINESS WIRE)--July 1, 1999-- CBQ See traffic engineering methods. , Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:CBQI) -- The addition of Mr. Bill Day to the Board of Directors was announced today by 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 President, Rick Williamson. Mr. Day has served as President and CEO of H&M Foods since 1997. He has over twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. experience in the food industry, having held various technical, operations, and senior management positions with Stella Foods, Kraft Foods Kraft Foods Inc. (NYSE: KFT) is the largest food and beverage company headquartered in North America and the second largest in the world after Nestlé SA. The Philip Morris Company (now known as Altria Group), a company that produces tobacco products, acquired Kraft for , Inc. and General Foods Corporation. Mr. Day is associated with several industry affiliated organizations and currently is a member of the Boards of Directors for the International Foodservice Manufacturers Association (IFMA IFMA International Facility Management Association (formerly National Facility Management Association) IFMA Institut Français de Mécanique Avancée (Clermont-Ferrand, France engineering school) ). He holds B.S. and M.S. degrees from the University of Georgia Organization The President of the University of Georgia (as of 2007, Michael F. Adams) is the head administrator and is appointed and overseen by the Georgia Board of Regents. and an M.B.A. degree from Wilmington College Wilmington College may refer to:
Rick Williamson, President & CEO accepted the resignation from the Board of Directors of former CEO Mr. Michael Sheriff. Commenting on the move Mr. Williamson stated, "Michael has been integrally involved in promoting Bid4it and CBQ's strategic acquisitions, Priority One and Reliance Technologies. I wish him the very best in his future endeavors." About CBQ CyberQuest Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of CBQ, Inc. (OTC BB:CBQI) is the developer of www.bid4it.com, a virtual, Internet-based marketplace based on the principles of securities trading. bid4it is a completely automated electronic marketplace that produces a "true" market price of products based on the open market interaction between bidders and sellers. Bidders electronically bid ("Bid") on desired products and may modify or delete their bids at any time before the Bid matches a Sellers "asking price" ("Ask"). The Seller may accept any Bid at any time and may modify or delete their Ask at any time before it matches a Bid. bid4it allows sellers to compete in a worldwide market for the buyers of all types of products. CyberQuest's CyberMarketMaker(TM) integrates the best features of securities trading and an auction market. Bidding activity is continually analyzed and asking prices moved up or down in response to market activity. When a "bid" and "ask" match, the transaction is electronically completed, and the product is ordered and shipped to the buyer with instant notification to all parties. For more information about CyberQuest visit www.bid4it.com (bid4it Web site) and www.cbq.com (Corporate Web site). This press release contains forward-looking statements related to CBQ, Inc. that involve risks and uncertainties, including, but not limited to, quarterly fluctuations in results, the management of growth, market acceptance of certain products and other risks. These forward-looking statements are made in reliance on the "safe-harbor" provisions 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. For further information about these factors that could affect CBQ's future results, please see the Company's filings with the Security and Exchange Commission (the "Commission"). Prospective investors are cautioned that forward-looking statements are not guarantees of future performance. Actual results may differ materially from management expectations. |
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