CTIG Appoints New Finance Director
VALLEY FORGE, Pa.--(BUSINESS WIRE)--April 1, 1999--CTI Group (Holdings) Inc. (OTC:''CTIG'';http://www.ctig.com) has named Manfred Hanuschek as its new Finance Director. He will be responsible for the financial operations of CTIG including accounting and corporate finance.
Mr. Hanuschek previously served as Chief Financial Officer of ICC Technologies, Inc. a leading high technology entity traded on NASDAQ. Mr. Hanuschek started his career at Coopers & Lybrand where he served as Senior Audit Manager.
He is a Certified Public Accountant and a graduate of The Pennsylvania State University. Prior to this, he studied at the University of Koln, Cologne, where he gained exposure to European business practices and became fluent in the German language.
Tony Johns, Chairman and CEO of CTIG stated, ''We are extremely pleased to have Fred join the management team of CTIG. Fred's maturity, leadership and more than 15 years of financial and operating experience with high technology and entrepreneurial run public companies are ideal to assist CTIG in its corporate and International development.''
He added: ''Fred brings a broad base of experience in accounting, finance, initial offerings, treasury, investor relations, mergers and acquisitions and business development.''
One of Fred's first orders of duty will be to finalize the selection process of a ''big five'' accounting firm to replace the Company's previous auditors. Readers are referred to documents filed by CTIG with the U.S. Securities and Exchange Commission specifically the most recent Form 8-K.
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