CXN/BIO-TRACKING Appoints Director and Chief Operating Officer.Business Editors MONTREAL--(BUSINESS WIRE)--April 28, 2004 CHINA XIN NETWORK MEDIA CORP. (CXIN:OTCBB OTCBB See OTC Bulletin Board (OTCBB). ) announces the appointment of Mr. Michael G. Iafigliola as Director and 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. (COO). Mr. Michael G. Iafigliola will be responsible for operations, sales, marketing and production on a daily venue. "Mr. Michael G. Iafigliola has enormous experience in the Hi-Tech Industry specializing in data, voice, communications, monitoring, tracking and security systems. His powerful leadership abilities and undisputable refined management skills combined with raw integrity, transparency and dedication is a priceless asset for our company. Furthermore, as we prepare to launch production and sales of our vehicle/asset tracking technology and after extensively interviewing Mr. Michael G. Iafigliola I am confident that my valued shareholders would be unanimously proud and supportive of my executive decision." Said Mr. Michael Tremis (Chairman, 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. ). A sales professional with over 30 years of Marketing and Sales experience in Data and Telecommunications industry. A self-starter with strong leadership abilities in organising, negotiating and managing major accounts. Recognized for strengths in networking with top decision makers and has strong capacity to form long-term effective partnerships with industry leaders. An accomplished executive with the ability to identify and tailor specific new technologies to penetrate existing markets. Co-Founder, C.O.O. and Chairman of the Board for CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. NETWORKS INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. ., a company contracted for Executive Sales to Group Telecom an integrator of Data & Internet applications and Voice Services for MULTINET COMMUNICATIONS, a NORTEL/MITEL distributor. Michael G. Iafigliola has extensive experience as well as a solid understanding of monitoring and tracking systems which ensure reliable security technologies. "After reviewing the functionality of BIO-TRACKING'S state of the art technology, product and services, I am committed to ensure rapid market acceptance and infiltration of this product. I am confident that we have a tremendous opportunity to ensure growth for years to come with future product and service enhancements. This is by far, the most advanced tracking and security system on the market today, offering cutting edge technology in Canada, U.S.A., with worldwide reach." Said Mr. Michael G. Iafigliola. Michael G. Iafigliola also held senior executive position with AVAYA COMMUNICATIONS (formerly of LUCENT TECHNOLOGIES) offering voice/data services and hosted services to large multi-national corporations in a direct sales effort. Also responsible in working with re-seller channels, GROUP TELECOM and TELUS TELUS Telemetric Universal Sensor positioning hosted solutions and equipment as an integrated part of the solution. Michael G. Iafigliola was appointed Channel Sales Director with PYDERION CONTACT TECHNOLOGIES INC. a developer of next generation, open software products for Call Centers, Company was acquired by INTECOM INTECOM International Council for Technical Communication CANADA in year 2000.Successfully promoted an Alliance Agreement for consulting services as the premier alliance partner for EContact Center business solutions with WILTEL COMMUNICATIONS WilTel Communications (formerly known as Williams Communications, which was formerly part of The Williams Companies, Inc) is a telco and Tier 2 Internet Service Provider with its own MPLS-enabled OC-192 optical wave division multiplexing backbone network. and GROUP TELECOM. Michael G. Iafigliola has over 12 years of major account selling experience with TTS (1) See text-to-speech. (2) (Transaction Tracking System) Software that monitors a transaction until completion. In the event of a hardware or software failure, it ensures that the database is brought back to its former state before the attempt to MERIDIAN SYSTEMS INC. (a NORTHERN TELECOM COMPANY, presently TELUS a national telecommunication company, and AT&T CANADA ). As prime co-ordinator in selling both local and national accounts with long term contracts, he has achieved over $100 MILLION in sales. Along with 10% to 15% increases in company profits he was also honoured with numerous awards in "The Presidents Club" for excelled performance. Mr. Michael G. Iafigliola earned a Bachelor of Commerce The Bachelor of Commerce is a bachelor's degree in business management, accounting and economic fields. The degree is also known as the Bachelor of Commerce and Administration (BCA). Degree, with a focus on Management and Marketing from Concordia University in 1978. ABOUT BIO-TRACKING SECURITY INC. China Xin Network Media Corporation acquired Bio-Tracking Security Inc. of Montreal Of Montreal is an American indie pop band formed in Athens, Georgia, fronted by Kevin Barnes. It was among the second wave of groups to emerge from The Elephant 6 Recording Company. , Canada, in December 2003. Bio-Tracking designs and manufactures vehicle, asset tracking and security systems, combining a programmable computer with a biometric identification system, wireless interconnection methods and GPS/Inertial tracking technology, the system can offer such features as driver privilege control, remote shutdown and unlock, and tracking under the most extreme circumstances. The vehicle and asset tracking system has already been prototyped and field tested. 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. STATEMENT Safe Harbor Statement under 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: The statements, contained in this release which are not historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties including, without limitation, demand and competition for the Company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the Company to generate cash flow from its operations and the ability of the Company to manage its operations. |
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