Compass Knowledge Holdings, Inc. Appoints Former GE Executive to Management Team.Business Editors/High-Tech, Education & Health Writers OCOEE, Fla.--(BUSINESS WIRE)--June 20, 2000 Compass Knowledge Holdings, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CKNO) a premier provider of e-learning solutions, announced that it has appointed Ramsey Hashem, 37, as Executive Vice President. In his new role at Compass, Mr. Hashem is responsible for identifying new and emerging educational opportunities and developing strategic partnerships with leading educational institutions worldwide. Prior to joining Compass, Mr. Hashem was Vice President of Sales and Marketing of the European Division of GE Harris Railway Electronics. GE Harris is a joint venture between General Electric Company and Harris Corporation Harris Corporation NYSE: HRS is an international communications equipment company that produces wireless equipment, electronic systems, and both terrestrial and spaceborne antennas for use in the government, defense, and commercial sectors. . At GE Harris, Mr. Hashem was instrumental in transforming a "start-up" joint venture into a global leader in railway electronics. In four years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time joint venture's sales increased from less than $10 million to more than $100 million. "It is very exciting to be part of a vast and emerging business area, the potential for e-learning is enormous, and I totally ascribe as·cribe tr.v. as·cribed, as·crib·ing, as·cribes 1. To attribute to a specified cause, source, or origin: "Other people ascribe his exclusion from the canon to an unsubtle form of racism" to the philosophy that you should be in the first or second position in your business area," said Mr. Hashem. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Rogers Kirven, 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 Compass, "Mr. Hashem's competitive perspective is fully consistent with our objective to become a market leader in internet-based educational programs. With more than 15 years of global business development experience and an enviable track record, he will be a tremendous asset to the Company." About Compass Knowledge Holdings, Inc. CKNO is a premier provider of integrated distributed learning Distributed Learning means a method of instruction that relies primarily on indirect communication between students and teachers, including internet or other electronic-based delivery, teleconferencing or correspondence; (British Columbia, School Act, 2006). solutions that put the web to work on behalf of the working professional seeking a degree or certificate to advance their career. The company collaborates with colleges and universities to create, develop and deliver degree and certificate programs through its brands and portals. Through the Compass Learning System(TM), the Company offers students access to knowledge anytime, anywhere, combining the richness of the offline experience with the reach of the Internet. Statements made in this press release, other than those concerning historical information, should be considered forward-looking and subject to various risks and uncertainties. Such forward-looking forward statements are made pursuant to the `safe-harbor' provisions of 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 and are made based on management's current expectations or beliefs as well as assumptions made by, and information currently available to management. A variety of factors could cause actual results to differ materially from those anticipated in Compass' forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , including the following factors: the ability of Mr. Hashem to meet performance goals, Compass' ability to manage its growth and to respond to rapid technological change; market acceptance of new products and services, including its legal and education programs; continued development of effective marketing, pricing and distribution strategies; competitive pressures among distance education providers may increase significantly; costs or difficulties related to the integration of businesses, if any, acquired or that may be acquired by Compass may be greater than expected; operating costs operating costs npl → gastos mpl operacionales or customer loss and business disruption following future mergers and acquisitions may be greater than expected; possible adverse results of future litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. ; general economic or business conditions; legislative or regulatory changes may adversely affect the business in which Compass is engaged; and changes in the securities markets may negatively impact Compass. For a detailed discussion of cautionary statements and factors that could cause actual results to differ from the Company's forward-looking statements, please refer to the Company's filings with the Securities Exchange Commission, especially in the "Risks Related to Our Industry" included in the Company's Form 10-SB and in subsequent filings filed with the Securities Exchange Commission. |
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