Deloitte & Touche partner joins BLT Technologies.VANCOUVER, Wash.--(BUSINESS WIRE)--Nov. 29, 1995--BLT Technologies, formerly Bottom Line Telecommunications Inc., the provider of the TALK 'N TOSS(R) prepaid phone card, announced the addition of Milton D. Mittelstedt as vice president of finance and chief financial officer, effective Nov. 28, 1995. Mittelstedt joins BLT 1. BLT - /B-L-T/, /bl*t/ or (rarely) /belt/ Synonym for blit. This is the original form of blit and the ancestor of bitblt. It refers to any large bit-field copy or move operation (one resource-intensive memory-shuffling operation done on pre-paged versions of ITS, WAITS and after 28 years with Deloitte & Touche, where he spent the last sixteen years as a tax partner. As BLT's new CFO See Chief Financial Officer. , he will focus his efforts on the expansion of BLT through both acquisition and strategic alliances. In addition, Mittelstedt will direct investor relations Investor relations The process by which the corporation communicates with its investors. and supervise the ongoing development of BLT's financial policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental . "Milt's talents will make a significant impact on our company's growth," says Tom Holce, chairman and chief executive officer of the Vancouver-based telecommunications company. "His expertise in tax matters should be of enormous value as the industry struggles with new tax issues related to prepaid phone cards." Mittelstedt joined Deloitte & Touche in 1967. He moved to Oregon in 1969 and has counseled a number of leading Oregon utilities and publicly-traded corporations, as well as dozens of closely-held corporations in real estate, timber, and electronics. At Deloitte & Touche, he was the firm-designated specialist in public utilities, timber, retail and mergers and acquisitions. In addition to his memberships in the American Institute of CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. and the Oregon Society of CPA, he is a member of the City Hall Renovation Committee, American Heart Association American Heart Association (AHA), n.pr a national voluntary health agency that has the goal of increasing public and medical awareness of cardiovascular diseases and stroke, and thereby reducing the number of associated deaths and disabilities. , Rotary Youth Exchange Committee, and the Hoener Scholarship Advisory Committee at Oregon State University Oregon State University, at Corvallis; land-grant and state supported; coeducational; chartered 1858 as Corvallis College, opened 1865. In 1868 it was designated Oregon's land-grant agricultural college and was taken over completely by the state in 1885. . He resides in Portland. BLT Technologies Inc., is the leading national supplier of prepaid phone card services to the retail industry. Through generic and private label cards, the TALK 'N TOSS brand is available in over 13,000 locations nationwide including Thrifty/PayLess, Circle K, Albertson's, Southland/7-Eleven and Long's Drug Stores. Founded in 1989 and headquartered in Vancouver, BLT has attained leadership in the highly-competitive prepaid phone card industry by providing a wide range of services and features, broad channels of distribution, and outstanding service. CONTACT: Bob Sternberg, 360/695-7000 |
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