BlueSuit Announces Strategic Appointment of Steven Andrews to Board of Directors.Business Editors CHICAGO--(BUSINESS WIRE)--April 23, 2001 Expert expansion increases company momentum BlueSuit, Inc., a national provider of brokerage and related financial services to community financial institutions, announced that Steven Andrews, senior vice president of Distribution, Kemper Insurance Companies (Kemper), has joined the firm's board of directors. "Steve is a well-respected executive with valuable expertise in the insurance and financial industry, and he brings established business values to further complement our management team," said Ryan Lanham, president, 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 co-founder of BlueSuit. "Bringing a person of Steve's caliber to the board will help us advance the company into new markets and bring greater value to our customers and shareholders." Prior to Kemper, Andrews was 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. and executive vice president for Integon Corporation, a division of GMAC GMAC General Motors Acceptance Corporation GMAC Graduate Management Admission Council GMAC Give Me A Call GMAC Genetic Manipulation Advisory Committee GMAC Genetic Modification Advisory Committee (Singapore) GMAC Give Me A Chance Insurance companies, which are part of GMAC Insurance Holdings, Inc., a subsidiary of GMAC. Before Integon, Andrews was assistant vice president and product manager for Progressive (NYSE NYSE See: New York Stock Exchange : PGR PGR Project Gotham Racing (game) PGR Procuraduría General de la República (Mexico) PGR Patriot Guard Riders (national motorcycle group based in Centennial, CO) ), one of the country's largest insurance companies. Andrews holds a Bachelor of Arts degree and a Master of Science degree in economics from Oklahoma State University Oklahoma State University, at Stillwater; land-grant and state supported; coeducational; chartered 1890, opened 1891 as Oklahoma Agricultural and Mechanical College, renamed 1957. and a master's degree in business administration from the University of Chicago. About BlueSuit, Inc. Founded in 2000, BlueSuit, Inc. partners with community financial institutions to offer brokerage and related financial services online. Through its partnership with STAR Systems, Inc. (STAR)(sm) and its new business unit, Online Brokerage Solutions (OBS OBS abbr. organic brain syndrome OBS Organic brain syndrome, see there ), BlueSuit enables financial institutions to extend their brand(s) to attract, retain and optimize customer relationships without making a significant investment in infrastructure, technology or marketing. For more information about BlueSuit, Inc. visit the company's Web site at www.bluesuit.com. Forward Looking Statements: The matters set forth in this public dissemination, including, but not limited to, management's expectations regarding future growth and profitability, are forward-looking statements within the context 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. These statements involve certain risks and uncertainties that could cause actual results to differ materially from such statements. These potential risks and uncertainties include, among others, the volatile nature of financial markets and the securities industry, rapidly growing competition in the financial services industry, dependence on and competition for experienced personnel, successful implementation of the company's long-term strategy and federal and state regulatory and legislative changes. |
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