02/18 09:54 ERA West Appoints Chief Operating Officer <ERAW.OB>
ERA West Appoints Chief Operating Officer
CLEARWATER, Fla.--(BUSINESS WIRE)--Feb. 18, 1999--Frank Speight, President and CEO of ERA West, Inc. (OTC BB:ERAW), is pleased to announce the appointment of William D. Parkhurst as Chief Operating Officer of ERA West, Inc.
Parkhurst has several career highlights. One is a tenure with Carnival Cruise Lines and its related banking and real estate affiliates. He was an Executive Vice President and Vice President for Carnival and held the positions of President and Chairman for Carnival affiliates. As part of his duties in these positions, he negotiated corporate acquisitions, arranged for new ship building, and acquired financing for nearly $1 billion of Carnival ship building and real estate activities.
Parkhurst is a past Executive Vice President of Holland American Cruises where he initiated a turnaround strategy that led to the first profits for the line in over a decade. He was also Chairman and Co-Founder of Capital Resources. He developed this investment banking firm into a leader in public offerings in savings and loan equity. Another one of his posts was managing director and COO of the investment banking firm, William Sword & Co., where he helped to implement a strategy that repositioned this regional firm.
Speight said, "I think Bill's ability to identify business opportunities and to manage organizations to achieve profits will be beneficial to ERA West. We are fortunate to have someone of his stature on our management team."
According to Parkhurst, "ERA West is currently faced with many opportunities. I look forward to working with the company so that we may capitalize on these opportunities and achieve profitability for the company and the shareholders."
ERA West, through its wholly owned subsidiary Dynamic Bell, an Australian telecommunications company, offers telecommunications services, telecommunications software, internet access, web publishing and web housing in Australia. ERA West's recently announced definitive agreement to acquire an Internet Service Provider that offers Internet access in 1800 cities in the US and Canada will continue the company's expansion in the Internet marketplace.
Safe Harbor Statement: Certain information in included in this communication contains statements that are forward-looking, such as statements relating to the future anticipated direction of the industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. These forward statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations to differ materially from those anticipated.
--30--gaa/mi*
CONTACT: Speight & Associates, Ocala, Fla.
IR Contact:
Tim Ellis, 352/690-1633
or
The Catalyst Group, Clearwater
Thanks,
MM |
