(COMTEX) B: LoftWerks Announces Resignation of CEO: Successor to Begin Tenure Immediately ( Market Wire )
NASHVILLE, TN, Apr 18, 2006 (MARKET WIRE via COMTEX) --
LoftWerks, Inc. (OTC: LFWK) today announced that the planned
resignation of CEO Dennis Ammerman had been accepted pursuant to its
merger plans and reorganization concept. Mr. Ammerman will
relinquish day-to-day control of operations immediately, and be
succeeded by new CEO Steve Sulja. "I am happy to hand things off to
such a capable leader," said Ammerman. "I believe that Steve will
ably handle the post-merger challenges and opportunities that will
arise for our new ventures," he said.
Sulja, 38, is currently Director of Sales and Marketing for both
Consultech Construction Management, Inc. and Sulja Brothers Building
Materials, Inc., which are both principal players in the post-merger
entity which will be created. "I am so excited by the opportunities
inherent in this new venture," he said. "I believe that we are
creating something really special for our shareholders, and I can't
wait to address the challenges and possibilities which await."
This contains forward-looking information within the meaning of The
Private Securities Litigation Act of 1995. Forward-looking statements
maybe identified through the use of words such as "expects," "will,"
"anticipates," "estimates," "believes," or statements indicating
certain actions: "may," "could," "should" or "might occur." Such
forward-looking statements involve certain risks and uncertainties.
The actual results may differ materially from such forward-looking
statements. The company does not undertake to publicly update or
revise its forward-looking statements even if experience or future
changes make it clear that any projected results (expressed or
implied) will not be realized. |
