BW)(NV-PREFERENCE-TECH)(PFER) Preference Technologies Names New CEO
Business Editors & High-Tech Writers
LAS VEGAS--(BUSINESS WIRE)--Oct. 26, 2000--Preference Technologies(TM) Inc. (OTCBB:PFER) today announced that it has appointed Robert Forbuss chief executive officer effective immediately.
Michael Calderone, founder and CEO of Preference since February 1999, resigned his position as CEO and has been appointed to vice chairman of the board of directors. Forbuss will remain on the company's board of directors.
"I am privileged to have the opportunity to help move Preference forward," said Forbuss. "I only hope to honor the vision Mr. Calderone has set forth and help make Preference not only a technology leader in Nevada but also in the world of Internet computing."
"Mr. Forbuss brings a long history of success to Preference Technologies," said Calderone. "I believe that he has the ability to take Preference to the next level."
About Robert "Bob" Forbuss
Bob Forbuss is the founder and former owner/CEO of Mercy Medical Services, a business he grew to more than $60 million in annual revenue operating in California, Texas, Washington and Nevada. In early 1994, he sold Mercy to Laidlaw Inc. Mercy was the base of the company's $1.3 billion in revenue. Forbuss served as senior vice president and helped facilitate the rollup of 150 separate companies over a three-year period.
Forbuss also has served as CEO for both Medical Transportation of America and American Medical Response, Southwest Division. In addition to his many business achievements, he has been an educator; director of the Clark County Public Education Foundation; vice chairman, Las Vegas Sister Cities Association; director and past president, Boys and Girls Clubs; and an elected trustee for the Clark County School District.
Forbuss is a native Nevadan intimately involved in business, government and community affairs. As the elected chairman of the Las Vegas Chamber of Commerce, he oversees the fourth largest Chamber in the United States. In 1999, Forbuss was appointed to serve as a board member for the Las Vegas Housing Authority and is concurrently serving a two-year term as secretary/treasurer on the Las Vegas Convention and Visitors Authority Board of Directors.
About Preference Technologies Inc.
Preference Technologies is a Las Vegas-based Internet technologies company.
Statements about the company's future expectations, including future revenues and earnings, and all other statements in the news release other than historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the company's actual results could differ materially from expected results.
Note to Editors: Preference Technologies and the Preference Technologies logo are trademarks of Preference Technologies Inc.
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CONTACT: Preference Technologies Inc., Las Vegas
Clinton Pope, 702/648-6400
cpope@mygig.com
KEYWORD: NEVADA
INDUSTRY KEYWORD: INTERNET MANAGEMENT CHANGES |
