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Microcap & Penny Stocks : UDW - US Dataworks, Inc. Turnaround Play Under $1.00

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To: Thomas Kirwin who wrote (55)4/18/2009 9:59:55 PM
From: Thomas Kirwin   of 90
 
US Dataworks, Inc. Announces Addition of Two New Directors

HOUSTON, Feb 20, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- US Dataworks, Inc. (Amex: UDW), a leading developer of payment processing solutions, announced today that Anna Cheng Catalano and G. Richard "Rick" Hicks have joined the Company's Board of Directors.

Ms. Catalano held the top marketing position at BP, PLC from 2000 to 2003 as its Group Vice President, Marketing of BP, PLC and served as the Group Vice President, New Markets, of BP, PLC from 1999 to 2000. From 1997 to 1999, Ms. Catalano served as the Senior Vice President, Sales Operations for Amoco and served as its Vice President, International Business Development from 1996 to 1997. From 1994 to 1996, Ms. Catalano served as the President of Amoco Orient Oil Company. Since 2003, Ms. Catalano has managed an active board portfolio, formerly serving on the boards of Hercules Incorporated, SSL International PLC, Aviva PLC and currently serving as a board member of Willis Group Holdings and as an advisory board member of BT Global Services and Amyris Biotechnologies. Ms. Catalano also serves as a board member of the Houston Chapter of the Alzheimer's Association and as an advisory board member of the Houston Chapter of the Juvenile Diabetes Research Foundation. Ms. Catalano received her B.S. in Marketing and Business Administration from the University of Illinois, Champaign-Urbana in 1982.

Mr. Hicks has served as the Chairman of the Institute of Molecular Medical Sciences since 1992. Prior to joining the Institute of Molecular Medical Sciences, Mr. Hicks served as the Executive Vice President of the Linus Pauling Institute of Science and Medicine from 1977 to 1992 and as the Vice President and Assistant to the CEO of Dean Witter from 1959 to 1977. Mr. Hicks received his B.S. in Finance from the University of Notre Dame in 1955.

Commenting on the new directors, Charles E. Ramey, the Company's Chairman and CEO, stated, "We are extremely pleased to have added Anna and Rick to our Board of Directors. Both bring a wealth of experience and expertise that will nicely complement that of our current Board. We welcome them to the management team and look forward to working with them and enjoying the fruits of their contributions to the continued successes of the Company."
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