04/05 14:24 Treasury International Announces New Management and Company
Strategy <TREY.OB>
Treasury International Announces New Management and Company Strategy
TORONTO, April 5 /PRNewswire/ -- Treasury International, Inc. (OTC Bulletin Board: TREY) today issued the following:
1. New Board of Director Member
Treasury International, Inc. is pleased to announce that Mr. Marlin
Doner has joined the company's Board of Directors. Mr. Doner brings
over ten years experience in new business development, administration
and board governance.
2. Previous Management Resigns
Treasury International, Inc. announced the resignation of James Hal
as Chairman of the Corporation and Howard Halpern resigned as Chief
Financial Officer and Executive Vice-President of the Corporation.
Further, Mark Halioua and Robert Abourmad tendered their resignations
as directors of the Corporation.
3. New Board of Directors for Treasury International, Inc. Treasury
International, Inc. announces as its new Board of Directors Mr. Dale
Doner, Chairman, Mr. Lawrence Zeiben, Mr. Marlin Doner, Mr. James
Hal.
4. New Management Team
Treasury International, Inc. announces that it has appointed Mr. Dale
Doner as Chairman of the Board, President and CEO. Mr. Doner stated
"the changes in the management team and company's direction are first
steps to building shareholder value as the cornerstone of Treasury
International's activity."
The company also announces the appointment of Mr. Marlin Doner as Chief
Operating Officer with responsibility for corporate structure and
administration.
5. Acquisition of Pioneer Media Group
Treasury International, Inc. announces it has entered into an agreement
to purchase all classes of the outstanding shares of Pioneer Safety
Inc. d.b.a. Pioneer Media Group (http://www.pioneermediagroup.com).
The company provides technology based marketing solutions (print and
Internet catalogs and end to end e-commerce enterprise solutions),
digital asset management and creative design for business to business
communication. In addition the company is involved in the development
of Internet based enterprise commerce solutions which allow companies
to link their customers and vendors as well as integrate internal
applications on a variety of networks and platforms. SOURCE Treasury International, Inc.
-0- 04/05/99
/CONTACT: Marlin Doner, C.0.0. of Treasury International, Inc., 519-579-9500, or fax, 519-579-4299, or treasury@pioneermediagroup.com/ -- NYM086 -- 4195 04/05/99 13:54 EDT prnewswire.com Copyright PR Newswire 1998. All rights reserved.
COPYRIGHT © 1999 REUTERS LIMITED. ALL RIGHTS RESERVED.
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