Modavox Names Karina Kasztelnik as Corporate Controller.Former Chief Bank Accountant for 15(th) Largest Bank in the World with Over 17,000 Employees in 60 Countries and Assets of EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 560 Billion Joins Management Team PHOENIX -- Modavox, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :MDVX), Internet broadcasting pioneer in producing and syndicating online audio and video, announced today that Karina Kasztelnik has been hired as the Company's Corporate Controller. Kasztelnik, former Chief Bank Accountant for ABN AMRO Bank in Warsaw, Poland, up till her move to the United States, brings with her seventeen years of experience of progressive accounting and finance experience as well as supervision in the international banking and US medical device industries. She possesses high-level technical skills, presentation abilities, and practical experience with analyses, financial statements, and international consolidations. She is also a Certified Chartered Accountant for European Union, an MBA & 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. candidate, a Certified Tax Consultant for USA, and a member of the AICPA AICPA See American Institute of Certified Public Accountants (AICPA). , IMA (Interactive Multimedia Association, Annapolis, MD) An earlier trade association founded in 1988 originally as the Interactive Video Industry Association. It provided an open process for adopting existing technologies and was involved in subjects such as networked services, scripting , and NATP NATP National Association of Tax Professionals NATP National Agricultural Technology Project (India) NATP National Association of Tax Practitioners NATP National Apprenticeship Training Program NATP National Athletic Testing Program , respectively. While at ABN AMRO, Kasztelnik was responsible for preparing all the necessary financial statements and reports for GINB and the foreign Head Office in addition to preparing international consolidated financial statements Consolidated Financial Statements The combined financial statements of a parent company and its subsidiaries. Notes: Because consolidated financial statements present an aggregated look at the financial position of a parent and its subsidiaries, they enable you to gauge in accordance with international accounting and banking practices and procedures. Responsibilities further included controlling calculation of all taxes, including revenue tax from legal entities, VAT, income tax and flat rate tax payments in addition to supervising the accounting for bank dependent partnerships and the Accounting, Finance, and Back Office staff as well as preparing the annual reports. David J. Ide, Modavox 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. , stated, "We're pleased to welcome Karina to the Modavox team. Her strategic and tactical financial expertise with strong qualifications in general management, cost reduction and performance/quality improvement make her ideally suited to fill this important role in our growing organization. She has a proven track record of progressive advancement reflecting ability to augment fiscal efficiency, maximize operational productivity, and initiate directives, producing strong substantive results which we are confident will add tangible value towards our collective goal of building shareholder value." About Modavox Modavox, Inc. (www.modavox.com), a pioneer in internet broadcasting, producing and syndicating online audio and video, offers innovative, effective and comprehensive online tools for reaching targeted niche communities worldwide. Through patented Modavox technology, Modavox delivers content straight to desktops and internet-enabled devices. Modavox provides managed access for live and on-demand Internet Radio Broadcasting, E-learning and Rich Media Advertising. Forward-Looking Statements This release contains "forward-looking statements" for purposes of the Securities and Exchange Commission's "safe harbor" provisions under 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 Rule 3b-6 under the Securities Exchange Act of 1934. These forward-looking statements are subject to various risks and uncertainties that could cause Modavox's actual results to differ materially from those currently anticipated, including the risk factors identified in Modavox's filings with the Securities and Exchange Commission. |
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