Innovative Software Technologies Names Randy Garn as VP Operations and Director.Business Editors & Technology Writers RIVERSIDE, Mo.--(BUSINESS WIRE)--Sept. 3, 2002 Innovative Software Technologies, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :INIV) today announced that it has named James "Randy" Garn as Vice President, Operations, and appointed him to its Board of Directors. Mr. Garn is a co-founder and Vice President of Innovative Software's Utah-based subsidiary Energy Professional Marketing Group (EPMG EPMG Emergency Physicians Medical Group (staffing and management; Roseville, CA) ). Prior to co-founding EPMG with Mr. Ethan Willis, Mr. Garn held the position of Sales Manager with MIT MIT - Massachusetts Institute of Technology , Inc., a financial company whose revenues increased from $4 million to $88 million during his tenure. He was responsible for the development and implementation of the sales and marketing divisions. Mr. Garn has recruited, trained and managed over 2,500 individuals throughout the United States and parts of Asia, including South Korea and the Philippines. Mr. Garn is a serial entrepreneur Serial entrepreneur Business person that successfully starts (does not kill) a number of different businesses. , who has owned and operated a number of businesses, including Quest Technologies, a satellite communications concern, and the technology-based training company Educational Success Inc. Mr. Garn fills the vacancy left by the departing Director Shawn M. Thomas, who has resigned from Innovative to focus on his own company. Innovative expects to continue to work with Mr. Thomas and his company by jointly marketing and selling the company's eLearning products. "As co-founder and Vice President of EMPG EMPG Emergency Management Performance Grant , Randy will now formally contribute his leadership and guidance," said D. Shane Hackett, president & ceo, Innovative Software. "Randy's contributions to the Board of Directors will undoubtedly help us manage the company's rapid growth." Separately, the company mourns the passing of company Director John Wendell and extends its condolences to his family. About Innovative Software Technologies Based in Riverside, Missouri, Innovative Software Technologies, Inc. (OTCBB:INIV)(Berlin Stock Exchange:IVR (Interactive Voice Response) An automated telephone information system that speaks to the caller with a combination of fixed voice menus and data extracted from databases in real time. ) specializes in the distribution of business-to-business and business-to-consumer informational software solutions and consulting services, including: Skills in Demand (www.skillsindemand.com), eTaxNet (www.etaxnet.com) and the Financial Toolkit 1.0 (www.toolkit1.com). The corporate website is located at www.ist-co.com. This release is intended as a forward-looking statement 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. within the meaning 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. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include, but are not limited to, fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the Company's SEC reports. Actual results may vary materially from projected results. |
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