Cole Computer Corporation Announces Resignation of Founders Brad and Cynthia Cole.Business Editors & High-Tech Writers OKLAHOMA CITY--(BUSINESS WIRE)--Sept. 4, 2002 Cole Computer Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :COLV)("Company" "Cole" or "Cole Computer"), an Oklahoma City-based personal computer "White Box" system builder  This article's grammar usage needs improvement. Please edit this article in accordance with Wikipedia's . , announced today
founders Brad and Cynthia Cole resigned their positions with the
corporation.
Brad Cole announced his resignation as a member of the board and chief executive officer effective Aug. 30, 2002, stating, "I plan to concentrate on other aspects of the business but primarily on the American Canadian System Builders' Cooperative Inc., which I am co-founder and first president. I know this will be a great organization of system builders and one in which Cole Computer, as a member, will receive great benefits." Cynthia Cole also tendered her resignation as director and corporate secretary so she will be able to travel with her husband, while the American Canadian System Builders' Cooperative Inc. is being built into a national and international organization. Mrs. Cole resigned effective Aug. 31, 2002. Dr. S Dr. Doctor. dr. dram. .F. Hartley, chairman of the board, stated, "This is a normal transition of entrepreneurship, where the entrepreneur is moving on to the next project and completing a vision. This move will allow new management to take Cole forward. Mr. and Mrs. Cole are still major shareholders of the Company." Dr. Hartley further stated, "The board is in final negotiations with an outside consideration to fill the chief executive officer position. The board hopes to make an announcement within a week to ten days." Cole Computer Corporation builds and sells retail and wholesale "Ready-to-Go" customized personal computers. Each system is built with quality components including repairs, upgrades and complete personal computers. The Company targets home, business, government and educational markets. Cole Computer's corporate strategy combines custom-designed personal computers built to specifications coupled with "small town" personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. service. Cole Computer Corporation is an authorized AMD (Advanced Micro Devices, Inc., Sunnyvale, CA, www.amd.com) A major manufacturer of semiconductor devices including x86-compatible CPUs, embedded processors, flash memories, programmable logic devices and networking chips. reseller, Microsoft OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and Gold Member, and an Intel Premier Dealer. For more information on Cole's goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. , visit Cole Computer e-commerce Web site at http://www.okcmasters.com or one of the 13 retail outlets operating under the trade names "Computer Masters" in Oklahoma and Arkansas and under "Your Computer Masters: Stores" in Texas. Referenced ticker symbols Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors :COLV. The statements made in this press release are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from those expectations due to circumstances. Actual results may differ materially from those expectations due to changes in global politics, economics, business, competitors, competition markets and regulatory factors. |
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