CeleXx Corp. Announces Former Irish Prime Minister, Albert Reynolds, T.D. Accepts Advisory Position.Business Editors BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla.--(BUSINESS WIRE)--Feb. 23, 2000 CeleXx Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CLXX) announced today that former Irish Prime Minister Albert Reynolds, T.D. has accepted an advisory position with the company. Reynolds will assist the board of directors and management in developing and implementing strategies aimed at delivering CeleXx's IT and computer telephony See CTI, VoIP and IP telephony. Computer Telephony - Computer Telephone Integration solutions to the European Community European Community: see European Union. European Community (EC) Organization formed in 1967 with the merger of the European Economic Community, European Coal and Steel Community, and European Atomic Energy Community. and other foreign markets. Doug Forde, CeleXx's president, said: "The addition of Mr. Reynolds signals a move towards advancing our IT product and service strategies in emerging markets around the world. His capabilities and accomplishments in Business, Government and Humanitarianism hu·man·i·tar·i·an·ism n. 1. Concern for human welfare, especially as manifested through philanthropy. 2. The belief that the sole moral obligation of humankind is the improvement of human welfare. 3. are too numerous to mention. Additionally, it was in great part Prime Minister Reynolds' visionary leadership, marketing experience and savvy that helped launch the International Financial Services Centre The International Financial Services Centre (IFSC), or An Lárionad Seirbhísí Airgeadais Idirnáisiúnta (LSAI) in Irish, is a major financial services centre in North Wall, Dublin, Ireland. , which resulted in 200 new financial firms establishing business in Ireland. He is also recognized as a pioneer by the Irish Telecommunications system for establishing the five-year development plan that guided Ireland's telephone system from the worst in Europe to the best in Europe. We are excited that CeleXx and its shareholders will have the benefit of the Nobel Peace Prize The Nobel Peace Prize (Swedish and Norwegian: Nobels fredspris) is the name of one of five Nobel Prizes bequeathed by the Swedish industrialist and inventor Alfred Nobel. nominee, accomplished Statesman and successful businessman." The CeleXx strategy of developing and acquiring key businesses that deliver "Corporate Support Solutions" continues to move the company through its first phase of development. Driven by challenging requirements from Fortune 500 clientele for innovative solutions in data manipulation and communications applications, CeleXx continues its quest to merge complimentary technologies. Phase Two will address the seamless integration of CeleXx's competencies in a move to distinguish the company as an end-to-end solutions provider for the majority of its clients. At the same time, the company will continue to build on profitable experiences in, niche market technologies and the natural inclusion of those cutting-edge services, which form the foundation of its business model. The Private Securities Reform Act of 1995 provides a "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. " for forward-looking statements. Certain information included in this Press Release (as well as information included in oral statements or other written statements made or to be made) contains statements that are forward looking, such as those relating to consummation of the transaction, anticipated future revenue of the companies and success of current product offerings. Such forward looking information involved important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ materially from those expressed in any forward looking statements. |
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