Christopher B. Forgy joins the Outdoor Channel as president and CEO.TEMECULA, Calif.--(BUSINESS WIRE)--May 15, 1996--Management of Global Resources Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :GLRS GLRS Geoscience Laser Ranging System GLRS Geodynamics Laser Sensing System ), an Alaskan corporation, Wednesday announced that Christopher B. Forgy has joined the company's wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , The Outdoor Network Inc., as president and chief executive officer. Forgy was formerly senior vice president of marketing, sales and programming for Times Mirror Cable Television and owned Chris Forgy Associates, a television industry 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 whose major clients included The Times Mirror Company, Parent Television, StarSight Telecast, and Franklin Spier Inc. Forgy is immediate past chairman of the Cable Television Administration and Marketing Society (CTAM CTAM Cable and Telecommunications Association for Marketing CTAM Cable Television Administration and Marketing Society CTAM Centralized Tuition Assistance Management (Army education) CTAM Climb to and Maintain ) and also served on the board of directors of the Cabletelevision Advertising Bureau (CAB). Global's chairman, Perry T. Massie, said that, "Mr. Forgy is a recognized professional in the cable television industry and I expect him to significantly expand the channel's distribution and advertising revenue." Massie said that, "having Chris on board with us significantly increases our ability to attract media attention as well as possible strategic investors. I am very excited about the future of this network." The Outdoor Network operates The Outdoor Channel, the first national television network devoted solely to outdoor activities such as hunting, fishing, scuba diving and recreational gold prospecting. To date, The Outdoor Channel has achieved significant visibility in the cable television industry and has signed carriage agreements with many large cable systems. For the year ended Dec. 31, 1995, Global had revenues of $9,691,736 and earnings of $0.23 per share. Global trades on the NASDAQ Small Cap system under the trading symbol Trading symbol See: Ticker symbol of "GLRS." CONTACT: Global Resources Inc., Temecula Sandy Choo or Chuck Meyer, 909/699-4749 or 714/476-2760 |
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