ZSUN, June 15th, ZiaSun Announces Additions to its Executive Management Team
SAN DIEGO - June 15, 1999 - ZiaSun Technologies Inc (OTC BB: ZSUN.OB; www.ziasun.com) today announced additions to its executive management team to strengthen the company's presence and activities in North America, and bring more focus to its overseas operations.
Mr D Scott Elder has been appointed Chairman and Chief Executive Officer. ZiaSun has also appointed Mr Anthony L Tobin as the company's Chief Operations Officer, with special responsibility for the company's international business. Mr Tobin remains President of the company.
Mr Elder brings demonstrated leadership and success to the expansion of ZiaSun's corporate presence in the North American financial community. With the world headquarters and now its CEO located in the United States, ZiaSun improves its accessibility for shareholders, as well as industry analysts, major institutions and the media.
Just as importantly, today's changes will enable Mr Tobin to focus more closely on developing the group's operations internationally, as well as continuing the tremendous growth of ZiaSun's core Asia-based holdings.
Of critical value will be Mr Tobin's contribution in developing greater synergy between ZiaSun's flagship product, Swiftrade (www.swiftrade.com), an on-line stock trading system, and Online Investors Advantage (www.i-advantage.com), currently the leading company specializing in on-line investment education and training.
D Scott Elder
US-based Mr Elder was most recently the President and founder of Online Investors Advantage (OIA), a wholly-owned subsidiary of ZiaSun. Under Mr Elder's dynamic leadership and direction, OIA achieved first-year revenues in 1998 of $3,394,503 with profits of $153,070. With demand for its services exceeding projections, OIA continues to generate record monthly revenues in 1999, producing first quarter results of $4,440,451.
Previously, Mr Elder was a Trend Marketing specialist whose expertise was in recognizing trends in the marketplace and developing joint-venture projects, products, and programs with other businesses to capitalize on these trends. Mr. Elder has previously implemented trend marketing joint-venture projects with several Fortune 500 companies, including General Mills, Procter & Gamble, and Rubbermaid.
Anthony L Tobin
Asia-based Mr Tobin has spent the last four years developing and marketing the product range of ZiaSun subsidiary Momentum Internet Inc. Mr Tobin has more than 25 years experience in Asia - Hong Kong, Singapore, and the Philippines - in journalism, publishing, public relations, marketing, advertising, government information and the Internet. As a former senior information communications officer in the Singapore government, Mr Tobin reported to the Prime Minister's office, advising on domestic and international publicity policies and implementing new strategies in the Ministry of Information.
The company's Internet products and services include Swiftrade (www.swiftrade.com), M Finance (www.mfinance.com), MediaHits (www.mediahits.com), PINmail (www.pinmail.com), Search Dragon (www.searchdragon.com), ServiceLive (www.servicelive.com), Asia4Sale (www.asia4sale.com), and Online Investors Advantage (www.i-advantage.com).
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the matters discussed in this news release that may be considered forward-looking statements could be subject to certain risks and uncertainties that could cause the actual results to differ materially from those projected. These include uncertainties in the market, competition, legal, success of marketing efforts and other risks detailed from time to time in the company's SEC reports. The company assumes no obligation to update the information in this release.
Contacts:
In North America contact our Investor Relations Department at:
1-800-773-7317
At ZiaSun Asia-Pacific Headquarters in Hong Kong, contact:
+ (852) 2865-0946
rk@pinmail.com
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