Bingo.com Hires Chief Financial Officer.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--Oct. 17, 2001 Bingo.com, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: BIGR) the pre-eminent online Bingo portal, today announced that it has appointed Jeremy Black, CA as Chief Financial Officer of the company. Prior to joining Bingo.com, Mr. Black was Chief Financial Officer of publicly traded Blue Zone, Inc., a leading developer of online convergence applications. In his new role at Bingo.com, Mr. Black is responsible for the financial operations of the company and will provide leadership in many areas, including investor communications, financial reporting, treasury management, and strategic financial developments. "Jeremy is positioned to make outstanding contributions to Bingo.com's expanding business," said Tarrnie Williams, 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 Bingo.com, "he won the job because he demonstrates financial innovation and foresight, as well as a strong background in corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. ." Mr. Black has a long history of working for and with U.S. and Canadian publicly traded companies. He has worked with publicly traded resort and leisure giant Intrawest Corp. (NYSE NYSE See: New York Stock Exchange and TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). ), where he served as the Director of Financial Development. Before Intrawest, Mr. Black was a Senior Manager for KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm) KPMG Kaiser Permanente Medical Group KPMG Keiner Prüft Mehr Genau (German) KPMG Kommen Prüfen Meckern Gehen in Vancouver, where he was directly involved with a broad range of complex public company projects and transactions, in both the US and Canada. About Bingo.com Bingo.com operates the web portal www.bingo.com offering free games including multiplayer bingo, video poker, sweepstakes and slot machines. The company provides affinity programs giving its users the opportunity to convert online winnings into cash and prizes. The company provides advertisers with distinctive marketing opportunities and is also developing a unique Pay-for-Play skill-based bingo game. 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 the company) contains statements that are forward-looking, such as statements relating to anticipated future success of the company. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ materially from those expressed in any forward-looking statements made by or on behalf of the company. For a description of additional risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission. |
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