ComTech Completes New Management Team.Business Editors/Health &Medical Writers HOUSTON--(BW HealthWire)--Feb. 8, 2000 ComTech Consolidation Group Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CCGI CCGI Coventree Consulting Group International ) is pleased to announce that the company has completed its management restructuring. The board of directors of ComTech have appointed Walter D. Davis III, as the new chairman, chief executive officer and president of the company. Since joining ComTech in late 1999, Davis has played a crucial role in stabilizing the company's finances and refocusing the company's future direction. Prior to his nomination, Davis was the chief financial officer for ComTech. Lamont J. Waddell, who has been appointed to the board of directors and named as the new CFO See Chief Financial Officer. of ComTech, will replace him. Waddell was previously vice president, Finance and Administration/Controller for Faro Faro, town, Portugal Faro (fä`rō), town (1991 pop. 31,966), capital of Faro dist. and of Algarve, S Portugal. The southernmost town in Portugal, it is a seaport from which fish, fruit (especially dried figs), wine, and cork are Pharmaceutical Inc. and brings over 25 years of experience in managing corporate accounting and human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. to ComTech. ComTech is also very pleased to announce the appointment of Dr. Beatrice R. Beasley and Jesse R. Funchess, Esq. to the company's board of directors. Beasley is currently 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 Beasley &Associates. Which is a Texas based 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 specializing in issues associated with health, mental health and wellness. She has also received numerous faculty appointments from Texas Southern University, University of Houston and others. Beasley brings over 20 years of sound and accomplished business experience to the board of ComTech Consolidation Group. Beasley commented on the appointment, &uot;I am very excited to be working with a public company such as ComTech. I look forward to helping the company implement their acquisition strategy.&uot; Funchess is a Houston based attorney and runs his own firm under the name of Jesse R. Funchess &Associates. He is an active member in the community and is chairman of the board for the South Central Houston Community Action Council Inc., a non-profit corporation that operates the SCHC SCHC Society for Chemical Hazard Communication SCHC South Carolina Honors College (University of South Carolina-Columbia) SCHC St Christopher's Hospital for Children SCHC Stichtsche Cricket en Hockeyclub Health Clinic in Houston. Before becoming an attorney, Funchess spent 20 years in the U.S. Air Force and has been a licensed attorney for over 25 years. He is licensed to practice law before all Texas Courts and his years of Law experience will be an invaluable asset to the company as it moves forward. Newly appointed CEO &President Walter Davis Walter Davis may refer to:
About ComTech Consolidation Group Inc. ComTech Consolidation Group Inc. is based in Houston. ComTech trades on the Over the Counter Bulletin Board under the ticker symbol 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 CCGI and is a fully reporting company. ComTech has been profitable for the last six consecutive quarters. The company has health care operations in Louisiana and Texas as well as a Technology company, which is also based in Texas. The company's Web site is www.ccg.net and ComTech SEC filings can be found at www.freeedgar.com. Statements regarding financial matters in this press release other than historical facts are &uot;forward looking statements&uot; within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in 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. The company intends that such statements about the company's future expectations including future revenues and earnings, and all other forward looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion