|
Epixtar Adds Directors and Officers
Tuesday, June 17, 2003 - 9:00 am ET
Promotes COO to President and Director, Names Attorney to
Board, Appoints CEO of Subsidiaries
MIAMI - June 17 /PRNewswire-FirstCall/ - Epixtar Corp. (OTC
Bulletin Board: EPXR - News) today announced that the current
board unanimously approved a motion to increase board seats
from four to six.
"As our business model expands, the need for diversity
of ideas has never been greater," said Martin Miller,
chairman and CEO of Epixtar.
The two new board seats were filled by ascent of the current
board with members who will serve through the next annual
shareholders meeting. The first appointed member is Kenneth
Elan of New York. Elan, 50, is an attorney specializing in
commercial litigation with extensive experience in the prosecution
and defense of complex corporate and securities cases. Elan
is a member of the New York County Lawyers Association and
formerly a member of its Committee on Corporation Law. He
was an Adjunct Professor in the Accounting Department of the
City of New York (Queens College) for more than 12 years.
Elan received his juris doctor from the University of Baltimore
School of Law in 1977. He is the former law colleague of Epixtar
General Counsel, Michael D. DiGiovanna.
The second appointed member is David Srour of Weston, Florida.
Srour, 42, joined Epixtar in November 2001, becoming chief
operating officer of Epixtar Corp. Previously, a manager at
Ernst & Young Consulting and a senior manager at KPMG
Consulting, Inc., he led client service teams in the implementation
of Internet-based technologies for clients General Motors,
Simon Property Group and Lehman Brothers. Srour, a graduate
of the Syracuse University School of Management, has also
been named president of Epixtar Corp., the holding entity
of all Epixtar subsidiaries.
Finally, in order to distinguish the Epixtar product line
companies (ISP, telecom etc.) from new business process outsourcing
(BPO) and telesales companies, the board named William Rhodes
president and chief executive officer of Epixtar Group, Inc.
the newly established holding company for Epixtar's product
line companies, as well as interim president and chief executive
officer of Epixtar BPO Services, Inc., the holding entity
for Epixtar Marketing Services and related international call
centers.
Rhodes, an Epixtar director since January 2001, has lead
the ISP and telecom service companies to over $27 million
in revenue in Epixtar's last reported fiscal year (2002).
Rhodes, 52, resides in Davie, Florida. He was previously a
director of dealer and international sales for Rockwell International,
a company he served for more than 20 years. Rhodes earned
his master's degree in electrical engineering from the University
of Missouri.
"Epixtar's continued success is intimately linked to
our ability to operate with strategic insight and wisdom,"
said Irving Greenman, Epixtar Corp.'s chief financial officer
and member of the board of directors. "These gentlemen
will expertly serve Epixtar both from the inside and the outside.
We surely benefit from their knowledge and experience."
About Epixtar Corp.
Epixtar is a provider of marketing services -- aggregating
contact center capacity and robust infrastructure to deliver
comprehensive, turnkey solutions. From campaign design through
ongoing management, Epixtar delivers value-driven, creative
solutions for telesales initiatives. Epixtar combines global
capacity with innovative performance-based compensation and
proven methodology to deliver highly successful marketing
campaigns. Leading companies use Epixtar's marketing expertise
and contact center capacity to acquire, support, and enhance
the customer experience, reduce costs and generate top-line
revenue. Based in Miami, Florida, Epixtar conducts operations
throughout the Caribbean Basin, Asia Pacific and the United
States.
Safe Harbor Statement
This release contains statements about expected future events
and financial results that are forward looking. These statements
are based on our estimates and assumptions and are subject
to risks and uncertainties. Actual results could be affected
by a downturn in the economy, new competitive products, slower
rate of growth in member base, higher than anticipated cancellations,
unforeseen expenses, or technical failure related to self
generating web site development or inability to scale server
capacity to meet demand. Forward looking statements include
the information concerning our possible or assumed future
results of operations. Forward looking statements also include
those preceded or followed by the words: "anticipates,"
"believes," "estimates," "hopes"
or similar expressions. For those statements, we claim the
protection of the safe harbor for forward looking statements
contained in the Private Securities Litigation Reform Act
of 1995.
Source
EPIXTAR CORP.
|