Byron Hogue Named Chairman of Skynet Holdings Inc.LOS ANGELES--(BUSINESS WIRE)--June 17, 1999-- Skynet Holdings Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:SKYN) (Skynet), a provider of global, time-sensitive delivery services, announced Thursday that Byron Hogue has joined the board of directors as chairman, succeeding Chris Weber Chris Weber is a rock musician born in Los Angeles, California on October 16, 1966. He was a founding member of Hollywood Rose along with Axl Rose and Izzy Stradlin. Rose and Stradlin would later form Guns N' Roses. , who will remain a member of the company's board. Hogue, 63, held a variety of senior executive positions with Federal Express (NYSE NYSE See: New York Stock Exchange :FDX See full-duplex. fdx - full-duplex ) from 1973 to 1992, including Vice President - Global Operations. Between 1992 and 1995, he was involved in a number of projects with the Sam Walton family. Subsequently, he has been active in personal business affairs. President and Chief Executive Officer Vic Nizic said, "Byron Hogue is one of the best known and most accomplished executives in the worldwide express delivery industry. He's been involved since the earliest days, knows the business inside and out and understands the global forces that are fundamentally transforming the industry and driving new growth opportunities. We look forward to Byron's active, day-to-day involvement at Skynet. We plan to work closely together to build Skynet into a leading global express delivery company in the new millennium." Weber added, "I leave the chairmanship in excellent hands. All of us welcome Byron to the Skynet family. His management skills and industry expertise will be invaluable as we continue to implement Skynet's aggressive growth plan." After graduating from the University of Arkansas The University of Arkansas strives to be known as a "nationally competitive, student-centered research university serving Arkansas and the world." The school recently completed its "Campaign for the 21st Century," in which the university raised more than $1 billion for the school, used in 1959, Hogue was a pilot for the U.S. Marine Corps and served two tours of duty in the Vietnam War Vietnam War, conflict in Southeast Asia, primarily fought in South Vietnam between government forces aided by the United States and guerrilla forces aided by North Vietnam. . He currently resides in Memphis, Tenn. About Skynet Holdings Skynet Holdings, with headquarters in Los Angeles, is a full-service provider of global transportation delivery services operating primarily as an international express courier for time-sensitive documents and packages. Services include time certain deliveries within 24-48 hours of pickup; next-flight-out services for same-day, expedited deliveries; local ground transport in select locations; freight forwarding services; bulk shipment of mass mailing materials for local distribution; and global logistics services incorporating the company's proprietary computerized tracking system. Skynet currently operates company-owned offices in the United States (New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , California, Washington, Oregon and Nevada), England (London, Manchester and Bristol) and Australia (Sydney, Melbourne and Brisbane). In addition, Skynet provides worldwide delivery services to its customers through a network of more than 1,000 independently owned and operated "SkyNet Worldwide Express" offices in more than 100 countries. In conjunction with the provisions of the new "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. " section 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, this news release may contain forward-looking statements pertaining to future anticipated projected plans, performance and developments, as well as other statements relating to future operations. All such forward-looking statements are necessarily only estimates of future results and there can be no assurance that actual results will not materially differ from expectations. Further information on potential factors that could affect Skynet Holdings Inc. are included in the company's Form 10 filed with the Securities and Exchange Commission. |
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