Carl Terzian Appointed Director of Electronic Clearing House, Inc.Business Editors AGOURA HILLS, Calif.--(BUSINESS WIRE)--Oct. 16, 2002 Electronic Clearing House, Inc. (Nasdaq:ECHO) today announced the appointment of Carl R. Terzian, Chairman of the Board of Carl Terzian Associates, a nationally recognized public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most firm in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , to serve as a member of the Board of Directors of the Company. Since 1969, Mr. Terzian has owned a successful firm of consultants specializing in corporate, executive, institutional and product marketing. His unique agency has assisted more than 4,500 causes, companies, individuals and organizations. Additionally, each year Carl delivers at least 200 marketing and motivational speeches throughout the world. Mr. Terzian serves on more than three dozen corporate and non-profit boards, commissions, advisory groups, and task forces. "I am very pleased to join the Board of Electronic Clearing House," said Carl Terzian. "This is a dynamic company with a unique set of assets and the potential to shape the future of the payment processing industry. I look forward to working closely with management and my fellow directors to advance shareholders' interests." "The prestige of having a director of Carl's caliber is only surpassed by the benefits the Company will receive from his many years of business experience and marketing knowledge," said ECHO's Chief Executive Officer and Chairman of the Board, Joel Joel, book of the Bible Joel, prophetic book of the Bible. It is a collection of the oracles of an otherwise unknown prophet, dated variously from the 9th to the 3d cent. B.C., though a date in c.400 B.C. is likely. M. Barry Barry, Welsh Barri, town (1991 pop. 45,053) and port, Vale of Glamorgan, S Wales, on the Bristol Channel. Once a major coal-exporting port, its more diversified export products include cement, flour, and steel products. . "ECHO's current outside Board members, Mr. Aristides Georgantas and Mr. Herbert L. Lucas, Jr., have strong financial institution and corporate management experience so Carl's marketing and networking experience nicely complements their expertise and broadens the overall effectiveness of the Board." Electronic Clearing House, Inc. provides a complete solution to the payment processing needs of merchants, banks and collection agencies. ECHO's services include debit A monetary amount that is subtracted from an account balance. A debit from one account is a credit to another. See credit. and credit card processing, check guarantee, check verification, check conversion, check re-presentment, check collection, and inventory tracking. 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 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: Any statements set forth above that are not historical facts are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Potential risks and uncertainties include, but are not limited to, such factors as fluctuations in demand for the Company's products and services, the introduction of new products and services, the Company's ability to maintain customer and strategic business relationships, technological advancements, impact of competitive products and services and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information detailed from time to time in the Company's filings with the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Securities and Exchange Commission. |
|
|||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion