NICM. I urge everyone to read between the lines on yesterday's PR. I am telling you this is huge. The new hire has huge credentials and he is CEO of just one division (NIFS). I urge you to look at the company he came from. BSYS trading at $78 on the NASDAQ. All of the sudden, the stock has become volatile after weeks of stability. I think the time is near.
September 19, 2000 15:59
NICA Appoints Gallmann President & CEO of National Institute for Financial Services, LLC
Jump to first matched term
PITTSBURGH, Sept. 19 /PRNewswire/ -- National Institute Companies of America ("NICA"), (OTC Bulletin Board: NICM), is announcing today the hiring of Robert K. (Bob) Gallmann, Jr. as President and CEO of National Institute for Financial Services, LLC, (NIFS).
Mr. Gallmann is responsible for all aspects of NIFS including profit and loss accountability; strategic design and tactical planning for successful and dramatic growth in the marketplace; client acquisition, program implementation and training, administration and operations, and on-going client management; agent recruitment/management and sales/marketing support; and, garnering "best-in-class strategic alliances" to broaden offerings to client banks.
Prior to NIFS, Mr. Gallmann created and managed the bank/insurance division at BISYS Insurance Services as Senior Vice President. BISYS is a premier insurance service's outsourcing firm and a division of The BISYS Group, a NASD-listed company. He grew this operation into a formidable player in the marketplace.
Before BISYS, Mr. Gallmann spent eight years at Chase Manhattan Bank as Senior Vice President of the insurance products group, where he was responsible for the creation and direction of Chase's life and health insurance agency, including profit-and-loss accountability. At the time, Chase's insurance effort was one of the first and largest programs in the country. Mr. Gallmann was also instrumental in Chase's entrance into the retail investment arena.
Mr. Gallmann's background also includes over three years at Monarch Resources, a prominent provider of variable life insurance products, and at Capital Analysts, a financial planning concern, where he had a successful practice as a financial planner and client analyst.
Mr. Gallmann earned his Chartered Life Underwriter (CLU), Chartered Financial Consultant (ChFC) designations, NASD Series 7, 24 and 63 securities registration, and Bachelors degree from Lehigh University. Mr. Gallmann resides in Harrisburg, PA with his wife, Peggy, and two children.
As for the upcoming shareholders' meeting December 12, 2000, each security position listing will be receiving the appropriate information from our transfer agent, ChaseMellon Shareholder Services.
The company welcomes comments and suggestions at corporate@nicoa.com.
Certain statements contained herein constitute forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and 21E of the Exchange Act of 1934. Such statements include, without limitation, statements regarding business and financing, business trends, and future operating revenues and expenses. Although the Company believes that the statements are reasonable, it can give no assurance that such expectations will prove to be correct. Investors are cautioned that any forward-looking statements made by the Company, or contained in this profile/research report, contain no guarantee of future performance, and that the actual result may differ materially from those set forth in the forward-looking statements. Difference in results cam be caused by various factors including, but not limited to, the Company's ability to be able to successfully complete planned funding agreements, to successfully market its products in competitive industries or to effectively implement its business plan or strategies.
SOURCE National Institute Companies of America, Inc.
/CONTACT: Tizo Maduro, Investor Relations, 800-290-8935, or 716-256-6505,
ext. 219, for National Institute Companies of America, info@market-pulse.com/ |
