Business Cards Tomorrow, Inc. CEO Named to International Franchise Association Board of Directors.Business Editors/High-Tech Writers FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--Aug. 1, 2000 Business Cards Tomorrow Inc., a Florida Corporation ("BCT BCT Brigade Combat Team BCT Basic Combat Training BCT Best Conventional Pollutant Control Technology (EPA) BCT Business Cards Tomorrow BCT Banque Centrale de Tunisie (Central Bank of Tunisia) ") and subsidiary of BCT International (Nasdaq:BCTI BCTI Business Computer Training Institute BCTI Battlefield Control Terminal Interface ) announced today that Peter T. Gaughn, President 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. of Business Cards Tomorrow, Inc. has been named to the International Franchise Association's (IFA Immunofluorescent assay (IFA) A blood test sometimes used to confirm ELISA results instead of using the Western blotting. In an IFA test, HIV antigen is mixed with a fluorescent compound and then with a sample of the patient's blood. ) Board of Directors. IFA is the world's oldest and largest trade group for the franchise business sector, and represents some 30,000 franchisees, franchisors and suppliers operating in at least 75 industries and 100 countries. The nearly 350,000 franchised small businesses in the U.S. are estimated to generate half of all retail sales to the country's economy - an estimated $1 trillion annually. Gaughn joins IFA's leadership team for a three-year term, during which he will help advise the IFA position on important issues in franchising and small businesses, i.e., reforming federal tax depreciation laws, minimum wage and federal franchise relationship legislation. As President and CEO of Business Cards Tomorrow, Inc., Gaughn is responsible for launching Orderprinting.com, BCT's business to business website for the print broker market channel. During the past year, the website increased from less than 1% to over 6% of the business. The BCT system-wide sales were over $105 million last year. He has more than 20 years of experience in printing and franchising, has been President of two franchise chains and served as a consultant to other franchise companies. Gaughn began his franchise career at PIP Printing as an internal auditor Internal auditor An employee of a company who analyzes the company's accounting records to that the company is following and complying with all regulations. and rose to become CEO in 14 years, after holding a variety of positions of increasing responsibility along the way. He received his undergraduate degree “First degree” redirects here. For the BBC television series, see First Degree. An undergraduate degree (sometimes called a first degree or simply a degree from Manhattan College and his Masters of Business Administration from St. John's University. BCT International, Inc. is a holding company which operates Business Cards Tomorrow, Inc., the world's largest wholesale printing chain, with 88 Franchises in the United States, Canada and Argentina. The company is headquartered in Fort Lauderdale, and its common stock trades on Nasdaq under the symbol "BCTI." This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe", "estimate", "project", "expect" or similar expressions. These statements are made pursuant to the 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. 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. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products in the marketplace, competitive factors, new products and technological changes, product prices and raw material costs, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. |
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