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Tom Singleton Named Senior Vice President/Chief Financial Officer and Chief Information Officer of Avalon-Borden Companies, Inc.


Business Editors

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Aug. 19, 2003

Avalon Borden Companies, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:AVBD), announced today that Tom Singleton has been named Senior Vice President - Chief Financial Officer and Chief Information Officer. The announcement was made by President and Chief Executive Officer Michael Wilson.

Singleton holds a Ph.D. in Accountancy from the University of Mississippi The University of Mississippi, also known as Ole Miss, is a public, coeducational research university located in Oxford, Mississippi. Founded in 1848, the school is composed of the main campus in Oxford and three branch campuses located in Booneville, Tupelo, and Southaven. . He also earned a MBA and B.S. - Accounting from the University of North Alabama UNA in nonfiction
Baker roots
Former U.S. Secretary of State James Baker, III, stumbled upon a major family discovery sparked by a visit to Florence, where he delivered the 2002 annual commencement address at the University of North Alabama - a discovery he discusses
. Dr. Singleton taught Computer Information Systems and Accounting at the University of North Alabama for nine years and is most recently an Assistant Professor of Information Systems at the University of Alabama The University of Alabama (also known as Alabama, UA or colloquially as 'Bama) is a public coeducational university located in Tuscaloosa, Alabama, USA. Founded in 1831, UA is the flagship campus of the University of Alabama System.  in Birmingham. Singleton has earned his CISA, CMA CMA - Concert Multithread Architecture from DEC. , CPA, and CITP certifications and is a member of the Information Systems Control & Audit Association, AICPA AICPA

See American Institute of Certified Public Accountants (AICPA).
 and Alabama Society of CPAs, Institute of Management Accountants The Institute of Management Accountants (IMA) is a professional organization headquartered in Montvale, New Jersey consisting of over 70,000 members worldwide. The IMA is dedicated to advancing the role of the management accountant and financial manager within the business , Decision Sciences Institute, and other professional organizations.

Singleton is a past president of the Muscle Shoals Chapter of the Institute of Management Accountants and has served on the board of the Muscle Shoals Chapter and Gulf South Council for several years. Singleton coauthored the book "Managing the Audit Function" and has published numerous articles on auditing and information technology, such as Sarbanes-Oxley and fraud, in publications such as "The EDP Auditor Journal/Information Systems Control Journal", "EDPACS", "The Journal of End User Computing Using a desktop or laptop computer. ", "The Journal of Corporate Accounting and Finance", "The Cooperative Accountant", "International Business Schools Quarterly".

Avalon Borden Companies, 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.
 Avalon Media Group, Inc., (www.Avalonmediagroup.com), is a leading turnkey provider of cable television advertising insertion services. The company uses its proprietary software and hardware to manage advertising insertions for cable television providers in medium-to-small markets.

Certain statements included in this press release are "forward looking" statements, such as those relating to anticipated future revenue of the Company, anticipated success of certain securities filings, or the anticipated success of current product offerings. Such forward looking statements involve important risks and uncertainties that could significantly affect anticipated results in the future. The Company's performance and financial results could differ materially from those reflected in the forward-looking statements due to financial, economic, regulatory and political conditions or additional factors unknown to the Company at this time. Therefore, current or prospective investors are cautioned not to place undue reliance on any such forward-looking statements. The Company does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Avalon-Borden, Avalon Media Group and Avalon Technology Group are trademarks of Avalon-Borden Companies, Inc. All rights reserved.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 19, 2003
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