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Non-Tech : CECC - On the Brink of a cashless society -- Ignore unavailable to you. Want to Upgrade?

To: Tadsamillionaire who wrote (6)	8/1/2003 1:09:17 PM
From: Tadsamillionaire	Respond to of 13

C.E.C. Industries Appoints New President Friday July 25, 2:47 pm ET LAS VEGAS--(BUSINESS WIRE)--July 25, 2003--C.E.C Industries Corp. (OTC:CECC - News), has announced today that it has appointed Harold Gregg as President of C.E.C. Industries Corp. and CEO of the newly formed, wholly owned subsidiary, Global Card Services, Inc. Mr. Gregg is admitted to the Ohio Bar Association. He has been personally involved in the purchase, sale or exchange of more than $1 Billion worth of transactions and has extensive experience in law, mergers and acquisitions, business development, and management. Most recently, Mr. Gregg has been providing advisory and financial services to companies in numerous industries. "We are very excited to have someone as highly qualified as Mr. Gregg lead the Company in its new direction," said Brian Dvorak, CEO of C.E.C. Industries Corp. C.E.C. Industries Corp. is a Nevada Corporation in good standing that is presently entering the business of providing a suite of cash-based debit cards and stored value cards for ATM and debit "point-of-sale" transactions. The Company believes a multi-functional stored-value product will fill a void in payroll and consumer payment services. Certain statements contained herein are ``forward-looking'' statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the Company with the Securities and Exchange Commission. biz.yahoo.com