News out
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Company Press Release
SOURCE: Integrated Marketing Professionals, Inc.
Integrated Marketing Professionals' Board Assumes Control Of Aviation
Industries' Board Of Directors
William Forhan Also Named Chairman, President and CEO of Aviation Industries
FORT LAUDERDALE, Fla., Aug. 4 /PRNewswire/ -- Aviation Industries Corporation (OTC Bulletin Board: AVIA -
news) today reported that, as agreed upon in its definitive merger agreement with Integrated Marketing Professionals, Inc.
(OTC Bulletin Board: POKR - news), all members of its Board of Directors, with the exception of Mr. Diran Kaloustian,
have resigned and the Board has been reconstituted to consist of William Forhan, James Muldowny, Steven York, James
Ponder and Derek Lewin, currently members of the Board of Directors of Integrated Marketing Professionals, as well as
Diran Kaloustian, previously Chairman of Aviation Industries. Concurrently, the Board appointed Mr. Forhan, Chairman of
Integrated Marketing Professionals, to also assume the post of Chairman, President and Chief Executive Officer of Aviation
Industries. As previously reported, completion of the transaction is subject to the completion of regulatory review by the
Securities and Exchange Commission, as well as approval by shareholders of each company.
''We have now completed this important first step towards becoming one entity,'' commented William G. Forhan, Chairman
of both Aviation Industries and Integrated Marketing Professionals. ''Moving forward, we will now begin to more
aggressively implement various aspects of our business plan to facilitate our expansion into new markets and the
development of new products and services. In the upcoming weeks we plan to complete several key acquisitions in the
travel and leisure industry that will further enhance our vertical integration and expand our growth.''
Aviation Industries Corp., which holds an equity position in Newark, N.J.-based KIWI International Air Lines, is a recently
formed investment concern seeking acquisition opportunities in the travel and leisure industry.
Integrated Marketing Professionals, Inc., formerly known as Casino Airlink, Inc., is a diversified travel and leisure
company. The Company is currently the exclusive provider of packaged casino vacations from five cities in Florida and
Atlanta, Georgia to the Mississippi Gulf Coast, which include non-stop, round trip jet service, destination airport transfers,
ground handling, 2-3 night deluxe hotel accommodations, nightly buffet meals and access to 24-hour Las Vegas style gaming
and entertainment. Additional information regarding Integrated Marketing Professionals may be found on the Internet at PR
Newswire's Web site (http://www.prnewswire.com) under Company News On-Call, or accessed directly at
prnewswire.com.
Statements about the Company's future expectations, including future revenues and earnings, and all other statements in the
press 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.
SOURCE: Integrated Marketing Professionals, Inc. |
