CALI Holdings Inc. Announces Addition of Fourth Independent Board Member.ORLANDO, Fla. -- CALI Cali (kä`lē), city (1993 pop. 1,641,498), capital of Valle del Cauca dept., W Colombia, on the Cali River. It is an industrial and commercial center of the upper Cauca valley. Holdings, Inc. ("Company" or "CALI") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CALI), CALI Holdings Inc. announces the addition of a fourth independent member to the Board of Directors, Mr. David Bryant. Mr. Bryant has over forty (40) years of entrepreneurial business experience ranging from application systems definition to capitalization of a public company. Mr. Bryant is a very diverse executive with proven management and financial expertise who has specialized in recent years in the development of financial strategies for both public and private businesses. Mr. Bryant is currently President of Dejay Development Corp., Phoenix, AZ, a private financial consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a servicing both the public and private sectors in capital acquisitions and investment strategies. Mr. Bryant's primary responsibilities include new business development, planning and client consulting. Prior to that, Dave was founder of Diversa Management Corporation, Scottsdale, AZ, a private financial consulting firm specializing in assisting both domestic and international insurance companies in capital acquisition and books of insurance business. Prior to that David was David Was (born David Weiss, 26 October 1952, Detroit) is, with his stage-brother Don Was, the founder of the influential 1980s pop group, Was (Not Was). Reviewed by The New York Times Founder & 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. - Bryant & Associates, Inc., Dallas, TX, an eight person private consulting firm specializing in strategic planning for several national and international computer software companies. Prior to that David was Founder & President, Information Technology Management, Inc. ("ITM ITM See: In-the-money "), Los Angeles, CA, a twelve-person private computer software development company. Prior to that David was Co-Founder & President, TriTech, Inc., Burbank, CA, a 128 person hardware and software development project that led to the development of a product utilized in the entertainment industry. The company was sold to a division of a major television network. Prior to that Mr. Bryant held positions as Director of Marketing, Dylakor Computer Systems, Inc., Los Angeles, CA and Data Processing Manager, Daylin, Inc., Beverly Hills, CA. Mr. Bryant received a B.S. Degree, Business Sciences, Columbia University, NY and attended the Executive MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration Program at Wharton School of Business, University of Pennsylvania (body, education) University of Pennsylvania - The home of ENIAC and Machiavelli. http://upenn.edu/. Address: Philadelphia, PA, USA. . The Chairman of the Board and CEO James Jenkins stated, "We are very happy and extremely excited about having Mr. Bryant join the Board as our fourth independent member. With Mr. Bryant's knowledge and expertise in the private and public markets we believe he is a strong addition to the Board of Directors." 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. The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to 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. 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, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors 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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