Colley Corporation Names Three New Outside Board Members.Business Editors & High Tech Writers CINCINNATI--(BUSINESS WIRE)--Sept. 3, 2002 Colley Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :COLY coly: see mousebird. ) has named three outside members to its Board. The Board members are: Thomas C. Joseph, Chief Executive Officer of MAN-O Products, Inc., a Cincinnati-based manufacturer of protective barrier skin creams for industry, house and garden and medical uses. Edwin J. Rigaud, President of the National Underground Freedom Center. After a 30 year career with Procter & Gamble, Mr. Rigaud retired from his position of Vice President, Government Relations in 1996 to take the position of Founding Executive Director of the National Underground Railroad Freedom Center. Chad P. Wick, 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. of KnowledgeWorks Foundation. Mr. Wick has been appointed to the National Advisory Council of the Education Commission of the States The Education Commission of the States (ECS) was founded as a result of the creation of the Compact for Education, supported by all 50 states and approved by Congress in 1965. The original idea of establishing an interstate compact on education and creating an operational arm to follow up . Prior to joining KnowledgeWorks, Mr. Wick co-founded RISE Learning Solutions, a nonprofit organization Nonprofit Organization An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well. Notes: Examples of non-profit organizations are charities, hospitals and schools. dedicated to improving the training of those that work with infants, children and youth. Each of the outside Directors will chair a committee of the Board in the following areas--Audit, Compensation, Options and Nominating, which complies with the latest proposed regulations for 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 and NYSE NYSE See: New York Stock Exchange listed companies. About Colley Colley Corporation is the majority owner of GameBanc Corporation, a diversified Internet games company. GameBanc operates www.Lottery.com, www.Cards.com, www.Regards.com, www.GameLand.com and www.Skillmoney.com, which covers the three most widely used platforms in the Internet Entertainment space--games, lottery and digital greetings. 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 provides a "safe harbor" 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 by Colley) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of Colley. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions, changes in federal or state tax laws and market competition factors. |
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