Firamada Announces Appointment of New President
Business Wire - May 20, 1998 08:21
%FIRAMADA FAMH %NEW-YORK %MANAGEMENT %CHANGES V%BW P%BW
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NEW YORK--(BUSINESS WIRE)--May 20, 1998--Firamada Inc. (OTC-BB:FAMH) is pleased to
announce that the board of directors Wednesday appointed Randall S. Malinoff to the position of
president.
Malinoff holds a Bachelor of Science, Business Administration degree. His business background is
extensive. The past six years have been spent as vice president of operations. His areas of responsibility
included operations, management, planning and designing of growth related projects. He has extensive
knowledge and experience of rollout processes and operations development.
His management style is one of leadership by example. It is this type of leadership that contributed to sales
in his regional offices that set national records.
His keen ability at problem solving both with personnel and on the corporate level have made him an ideal
negotiator in the acquisitions arena.
In announcing the appointment, Arif Adams, CEO of Firamada said, "Randy Malinoff's appointment adds
enormous strength to our management team during a year when we are planning considerable expansion in
our business."
He also added that he was saddened by the resignation of Ira Monas due to ill health.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking
statements. Certain information included in this news release (as well as information included in oral
statements or other written statements made or to be made by Tigershark Enterprises Inc.) contains
statements that are forward-looking, such as statements relating to the future anticipated direction of the
marine and recreation industry, plans for future expansion, various business development activities, planned
capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such
forward-looking information involves important risks and uncertainties that could significantly affect
anticipated results in the future and, accordingly, such results may differ from those expressed in any
forward-looking statements made by or on behalf of Tigershark Enterprises. These risks and uncertainties
include, but are not limited to, those relating to development and expansion activities, dependence on
existing management, financing activities, domestic and global economic conditions, changes in federal or
state tax laws, and market competition factors.
CONTACT: Preferred Financial Marketing, Century City, Calif.
Anna Love, 310/789-1132
310/789-1134 (fax) |
