 |
FOR FURTHER INFORMATION:
California News Tech Announces the Appointment of New Chief Financial Officer
California News Tech Announces the Appointment of New Chief Financial Officer
California News Tech (OTC BB: CNTE), a leading technology company, today announced the appointment of William L. White as acting Chief Financial Officer (CFO) effective immediately. As acting CFO, Mr. White will oversee financial matters of California News Tech. Mr. White's responsibilities include consulting in: financial and regulatory reporting, financial analysis and planning, general ledger management, budgeting, capital management and accounts payable.
"We are extremely pleased to bring William White on board," stated Mr. Marian Munz, President and Chief Executive Officer of California News Tech. "His depth of experience in financial consulting, accounting and budgeting will provide us a new level of expertise. We are confident his presence will help us to continue to grow California News Tech and improve its financial performance."
Mr. White, 64, is a certified public accountant by the state of California. Over the last approximately five years, since August of 2001, Mr. White served as the Chief Financial Officer for Game Link, Inc., a San Francisco-based privately held Internet retailer with approximately 100 employees and 2005 sales of approximately $20 million. His responsibilities included finance, accounting and human resources. Mr. White holds a bachelor's degree in Industrial Engineering and a master's degree in Business Administration, both from Stanford University, awarded in 1964 and 1968, respectively.
If you would like to be added to California News Tech's investor email list please contact Zack Noory with Nexus Investor Relations at znoory@nexusir.com
About California News Tech
California News Tech's MediaSentimentTM offers a range of services, available at www.mediasentiment.com, which focus on helping online investors make faster and better investment decisions. Serving traders who are interested in fast, reliable investment tools, MediaSentiment™ offers timely and accurate information to help take advantage of market opportunities. MediaSentiment™ consists of a number of indices that measure NYSE and Nasdaq companies' earnings reports and news media coverage as positive, negative or neutral. In particular, MediaSentiment Heads Up™ creates thumbs up / thumbs down recommendations for stocks almost instantly based on the sentiment behind their earnings reports. MediaSentiment's exclusive technology provides users with up-to-the-minute information, vital to investing, and provides a significant edge on other investors on predicting market movements. The speed and comprehensiveness of MediaSentiment Heads Up™ recommendations often best leading financial news sources, giving MediaSentiment™ subscribers a competitive edge up on other traders and allowing them more profitable trading opportunities.
Forward-looking statement: Except for the historical information, the matters discussed in this news release may contain forward-looking statements, including, but not limited to, factors relating to future sales. These forward-looking statements may involve a number of risks and uncertainties. Actual results may vary significantly based on a number of factors, including, but not limited to, uncertainties in product demand, the impact of competitive products and pricing, changing economic conditions around the world, release and sales of new products and other risk factors detailed in the company's most recent annual report and other filings with the Securities and Exchange Commission.
| |
