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GMAI Names Chief Technology Officer.


WEST CALDWELL, N.J.--(BUSINESS WIRE)--Nov. 19, 1998--

Anthony Bongiovanni, President of Micro Strategies, Inc.

Named to New Post

Greg Manning Auctions, Inc. (NASDAQ-GMAI), which recently acquired Teletrade Inc., and became the first publicly owned company to operate real-time Interphonic auctions simultaneously over the Internet and via telephone, announced today the appointment of Anthony Bongiovanni as Chief Technology Officer of the firm.

Mr. Bongiovanni, of Rockaway Township, NJ, is a graduate of Renssalear Polytechnic Institute and is founder and President of Micro Strategies, Inc. (MSI MSI: see integrated circuit.


(1) (MicroSoft Installer) See Windows Installer.

(2) (Medium Scale Integration) Between 100 and 3,000 transistors on a chip. See SSI, LSI, VLSI and ULSI.
) of Denville, NJ. Mr. Bongiovanni, a director of GMAI GMAI Global Media AIDS Initiative
GMAI Greg Manning Auctions, Inc
 for the past 15 months, has been working with GMAI for over 10 years.

Prior to MSI, Mr. Bongiovanni was with by Exxon Research and Engineering in Florham Park, NJ, responsible for the development of computer simulations for refinery operations.

Originally founded as a software development firm, MSI has become one of New Jersey's leading systems integration firms and has been providing information systems solutions to small, medium and Fortune 500 businesses in the New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 and New Jersey area for over 15 years. MSI is focused on providing solutions that integrate both voice and data for its client base.

In announcing the appointment, William Tully, Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 of GMAI, stated, "Anthony Bongiovanni's talents and skills and over 10 years of experience with GMAI in the collectibles auction business uniquely qualify him to help guide GMAI in its technology development. Not only does he bring his own knowledge and skill, but also the collective resources of his entire firm, in helping GMAI attain its goal of being the technology leader in the collectibles auction industry."

Mr. Tully continued, "In addition to his duties at GMAI, Mr. Bongiovanni will be working closely with Teletrade Auctions, which sells via the Internet and telephone. His unique experience in developing GMAI's software, as well as knowledge of the auction business, will prove invaluable in the development of additional collectibles platforms and the expansion of Teletrade's business.

Greg Manning Auctions, Inc. is the nation's leading stamp auction house and one of the largest specialty stamp houses in the world. Teletrade, a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
, pioneered interactive telephone auctioning and is a leading Internet auctioneer of coins, diamonds, sports cards and memorabilia. Teletrade is the first publicly owned auction company to auction real-time Interphonic auctions simultaneously over the Internet and via telephone, while providing confidential transmission of bidder and seller information over the Internet. Greg Manning Auctions, Inc. common stock is traded on the 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
 SmallCap system under the symbol GMAI, and on the Boston Stock Exchange The Boston Stock Exchange (BSE) is a regional stock exchange located in Boston, Massachusetts. The third-oldest stock exchange in the United States, it was founded in 1834. On October 2nd, 2007 Nasdaq agreed to acquire BSE for $61 million.  under the symbol GGM GGM Great-Grandmother
GGM Glucose/Galactose Malabsorption
GGM Gravity and Granular Materials
GGM Gravity Gradient Mode
GGM Gravity Gradiometer Mission (NASA) 
.

This press release contains statements of a forward-looking nature relating to future events. Shareholders are cautioned that such statements are predictions and that actual events or results may differ significantly. This release is available on the KCSA KCSA Krannert Center Student Association
KCSA Kentucky Crushed Stone Association (Frankfort, KY)
KCSA Kyiv City State Administration
KCSA Kalamazoo Christian School Association
KCSA Kentucky-Canadian Studies Association
 Worldwide Website at www.kcsa.com.
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Nov 19, 1998
Words:474
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