****NEWS*****
biz.yahoo.com Adds Members to Its Board Of Advisors
MORGANTOWN, W.V., March 16 /PRNewswire/ -- Integral Technologies, Inc. (OTC Bulletin Board: ITKG - news), today announced the addition of two members to the company's external Board of Advisors, Rex Wisehart and Lon Gillette. This Board of Advisors is comprised of seasoned experts in business and individuals holding executive positions with the major telecommunications companies in America, Europe, and Asia. The twelve-seat Board of Advisors which now has five members will provide support to management in the areas of business strategies, corporate restructuring and planning, focusing, financial planning, market vision, and the identification and securing of new technology opportunities. The two members whose appointments were confirmed today are:
Rex Wisehart -- ''Mr. Wisehart has developed an excellent reputation as a turnaround specialist for small and medium-sized companies. We can use his experience to good effect,'' said Integral CEO Mark Williams. Wisehart has been the President of Bellcad Group, Inc., a consulting firm, for the past ten years. His career in business began over 25 years ago and his experience in serving small- to medium-sized businesses will prove valuable to Integral, a company which is now seeing unique and rapid change. As a facilitator for change, Mr. Wisehart will assist the company in such areas as: pragmatic negotiating, business and strategic planning, corporate refocusing and restructuring, goal setting, management communications, and new product introduction and marketing.
Lon Gillette -- ''Lon Gillette is the clearest thinker and best analyst I have ever met,'' said Williams. Mr. Gillette has been president of Lon Gillette & Associates, a consulting firm, since 1980. Mr. Gillette's business career spans over 25 years with particular emphasis in R&D administration, business analysis and planning, and corporate finance. As Research Administrator at Cedar Sinai Medical Center for seven years, he was responsible for an annual budget of $12 million, managing 89 research projects and over 200 employees. At Geophysical Research Institute he served as an assistant administrator and contract specialist, responsible for administrating the research grants and contracts, primarily from National Science Foundation, NASA, and the Department of Defense.
The Board of Advisors concept is one of the new management tools implemented by Integral's Board of Directors and Mark Williams, the company's new President and CEO. Mr. Williams said, ''During my initial tenure at Integral, our focus has been to create solid foundations for the company from which to build a successful business, and to create a comprehensive plan for moving forward. Getting the right people into the right positions is key to that success, and the Board of Advisors is part of that overall process. The Board of Advisors adds significant value to Integral and its shareholders by serving as both a long-range business radar and as a team of hands-on internal consultants. The Advisors bring their experience, awareness, insight, and business contacts to bear on Integral's challenges in a way that a small company like ours could never afford. By using the Board of Advisors approach effectively, we can amplify the results that we can achieve with small management teams. I have worked with both Lon and Rex before and I know they will add a lot of value to Integral. We are very lucky to have them, and all our Advisors.''
For more detailed information on the company and the technologies described above, visit the company's web site at www.itechfin.com or contact Michael Pound, Vice-president Corporate Communications and Shareholder Relations at 888-666-8833.
SOURCE: Integral Technologies, Inc. |
