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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?

To: tonto who wrote (27526)	5/26/1999 4:36:00 PM
From: JustMy2Cents	Read Replies (1) \| Respond to of 27968

Hey Boys and Girls....Big Announcement!!! FIRAMADA APPOINTS D. ROBERT ALBI PRESIDENT/CEO AND ELECTS NEW BORAD OF DIRECTORS LONG BEACH, Calif.--(BUSINESS WIRE)--May 26, 1999--Firamada Inc.(OTC BB:FAMH) Wednesday announced that it has appointed D. Robert Albi president and chief executive officer. The appointment of Albi as president and CEO comes after the resignation of Arif Adam on May 21, 1999. The board has also elected three new directors, Albi, Frank Idrees and Ben Stephens. Adam will remain with Firamada as director of Corporate Development and chairman of the board. Albi stated: "When you have the kind of growth Firamada has, a solid infrastructure must be in place. I believe that with a diverse oard of directors and new management team, Firamada has achieved such a goal." Albi further added, "We are now able to focus on restructuring debt and enhancing business to become profitable." Because the Annual Meeting of Shareholders held on April 7, 1999, was invalid due to improper notice, a special meeting of shareholders will be held. Firamada is a national staffing and professional employer organization specializing in high-end temporary staffing, information technology placement, employee leasing and permanent placement personnel. Firamada and its subsidiaries currently operate offices in California, New York, Texas, Arizona and Delaware. For additional information on Firamada products and services, access the company's Web site at www.firamadainc.com. CONTACT: Firamada Inc. D. Robert Albi, 516/536-7240 DAlbi1@AOL.com (e-mail) Investor Relations, 562/624-6277 FAMHINVEST@AOL.COM (e-mail) Regards, JM2C