Image Globe Solutions Appoints New Board Member.TORONTO -- Image Globe Solutions, Inc. (Pink Sheets:IGSS IGSS Instituto Guatemalteco de Seguridad Social (Guatemala) IGSS Interim Geographic Support System ) announced today that Derrick Ellis, President and General Manager of the Company's auto leasing division, LA Auto Lease, has been appointed to the Board of Directors. Mr. Ellis, who brings over 35 years experience in the asset based financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry was most recently Senior VP of Leasebank Capital Corporation, a member of the Securcor Corporation, specializing in securitizing vehicle and equipment leasing portfolios with combined volumes in excess of $400 Million. Previously Mr. Ellis held the positions of Vice President of Newcourt Credit Group Inc. which merged with CIT n. 1. A citizen; an inhabitant of a city; a pert townsman; - used contemptuously. Which past endurance sting the tender cit. - Emerson. Group Inc. (NYSE NYSE See: New York Stock Exchange :CIT), Vice President of Pitney Bowes Inc.'s (NYSE:PBI PBI protein-bound iodine. PBI abbr. protein-bound iodine PBI, n See iodine, protein-bound. PBI protein-bound iodine. ) Canada Leasing Division and Senior Manager of Canadian Imperial Bank of Commerce's (NYSE:BCM BCM Baylor College of Medicine BCM Become BCM Business Communications Manager (Nortel) BCM Broadcom Corporation BCM Business Continuity Management BCM Business Contact Manager (Microsoft) ) Leasing Division. Paul Barry, President of Image Globe commented, "Mr. Ellis will make a valuable addition to the Board of Directors of IGSS, not only bringing his considerable experience from the leasing industry to the operation of LA Auto Lease but also bringing equally valuable executive experience to the overall guidance of the company." About Image Globe Solutions, Inc. Image Globe Solutions, Inc. seeks out and selects private companies deemed to have significant growth and cash flow potential and reasonable risk profiles and acquire them at an early stage in their growth cycle. Image Globe Solutions then brings all their resources to bear in optimizing their growth while, at the same time, assisting and guiding their development toward becoming publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. . This process provides ongoing and increasing added value tied to an exit strategy which facilitates the recovery of initial investment. Currently, Image Globe Solutions Inc. through its 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. , LA AUTO LEASE(TM) specializes in used vehicle leasing for consumers unable to obtain financing from traditional lending sources. Forward-Looking Statements This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by 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. Those statements include statements regarding the intent, belief or current expectations of Image Globe Solutions, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. FOR FURTHER INFORMATION, go to the Company's website at: http://www.i-globesolutions.com . |
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