GTMI NEWS (and good news at that)
(COMTEX) B: GTMI Announces 1999 Officers and Directors
B: GTMI Announces 1999 Officers and Directors
ATLANTA (May 24) BUSINESS WIRE -May 24, 1999--Global Telemedia
International, Inc. (OTC BB: GTMI-News) announced today its 1999 Board
of Directors and officers.
"We are enthusiastic about the combined potential of GTMI and its new
wholly owned subsidiary, Bentley House Furniture Company (BHFC)" said
Jonathon Bentley-Stevens, newly named President of GTMI. "I envision
significant growth for the company in construction, hospitality, and
technology arenas. I am pleased that management has been able to
assemble such a qualified management team and Board of Directors to
lead the company forward. This team will strengthen and expand the
company's focus on the international telecommunications agreements,
high quality furniture and interior construction for offices, hotels
and resorts, as well as timber exports between the USA, Europe,
Australia, Japan and the BIMP-EAGA countries (Asian NAFTA type
treaty)."
The 1999 Management Team and Board of Directors consists of:
PRESIDENT
Jonathan Bentley-Stevens, who also is President, Bentley House
International Corporation (Seychelles) and Chief Executive Officer of
BHFC. He is also the author of the Bentley-Tricap Ancestral Land
Development Plan, currently in use in the Philippines as a platform for
infrastructure and technological development.
EXECUTIVE VICE PRESIDENT
Regina S. Peralta, who is President of Bentley House Furniture Company
and also Vice-President of BHTC Sdn. Bhd, a GTMI subsidiary and the
Brunei Marketing division, and was a Board member of the Philippine
chamber of Furniture industries.
VICE PRESIDENT REPRESENTING THE PHILIPPINES:
Roberto S. Sebastian B.Sc. He was Ambassador to the World Trade
Organization from the Philippines, and Chairman for the Area
Development Project Board (GATT Legislation) and is also President of
Marsman-Drysdale Estate Plantation Inc. As former Secretary of
Agriculture of the Philippines, he brings his international network and
marketing skills to the company. He will oversee the plantation
development and international export operations of BHFC , a wholly
owned subsidiary of GTMI
VICE PRESIDENT REPRESENTING BRUNEI
YAM (His Royal Highness) PG.ANAK HJ. ABDUL WADOOD BOLKIAH BIN PLSCN PG
ANAK ABDUL AZIZ, Prince Wadood Bolkiah is the eldest nephew of the
Sultan of Brunet where he is the Chairman of the National Broadcast
Media; BK Vision BSB Broadcast Media: Sebkcomm Technology,
Communication Brunei and Chairman of BK Network Advertising Marketing
Promotions BSB Brunei,
OUTSIDE DIRECTOR
Gen. Renato S. de Villa B.Sc. 5-Star General Chief of Staff and
Secretary of National Defense in the Philippines He was a presidential
candidate in 1998 and holds an MA in Business Management and a Bachelor
of Science in Economics.
OUTSIDE DIRECTOR
Joemari D. Gerochi, B.Sc. MBA. was consultant to the World Bank on
Agriculture and Philippines GATT-UR representative, He was Federal
Undersecretary of Agriculture until 1998 and Holds a Bachelor of
Science in Economics and a Masters in Business Administration
CHIEF FINANCIAL OFFICER
Herbert S. Perman, CFO of GTMI since October 1995, will continue in
that position.
The statements contained in this release may contain forward-looking
statements relating to such matters as anticipated financial
performance, business prospects, technological developments, new
products, research and development activities and similar matters. The
Private Securities Reform Act of 1995 provides a safe harbor for
forward-looking statements. In order to comply with the terms of the
safe harbor, the Company notes that a variety of factors could cause
the Company's actual results to differ materially from the anticipated
results of other expenditures expressed in the Company's
forward-looking statements.
-0- jc/ny*
CONTACT: Mark Wachs & Assoc., New York
Contact for GTMI:
Mark Wachs, (212) 832-2800
KEYWORD: GEORGIA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS
TELECOMMUNICATIONS COMED BUILDING/CONSTRUCTION MANAGEMENT CHANGES
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