Alle Storys
Folgen
Keine Story von Global Triad, Inc. mehr verpassen.

Global Triad, Inc.

Global Triad Names Board of Directors and Officers

MIAMI, FL (ots)

Global Triad, Inc. (OTC: GTRD) a publicly traded
company currently on the OTC Pink Sheets, announced today the full
slate of directors and officers of the corporation. As their
biographies indicate, each Director and Officer brings unique skills
and qualifications to the task of operating Global Triad and its
subsidiaries for the benefit of its shareholders.
Mr. John Medico                   Chief Executive Officer
   Chairman of the Board
Mr. Medico is the C.E.O. of Global Triad, Inc. He brings more than
25 years of business experience with international expertise in the
areas of executive management, operations, finance, materials and
logistics. He is a registered Professional Industrial Engineer and
has a BS Degree in Industrial Engineering and a Masters in Business
Administration. He has served as the CEO of a NASDAQ listed business
software company, as Director of Operations and General Manager for
oil companies in the Middle East, and as Vice President of Operations
for a high-volume/hi-tec electronics manufacturer. Mr. Medico has
significant business contacts in Asian and American manufacturing
circles, which will benefit the Company through lower costs for key
customer location hardware and set-top boxes. He is thoroughly
familiar with International Procurement and Contracts Administration,
Mergers & Acquisitions, Consolidations and International
Distribution.
Anthony Mellone Sr.               President
                                     Director
Mr. Mellone has enjoyed a successful career in the construction
industry since 1964. Mr. Mellone has held the positions of owner and
supervisor of Custom Builders of San Fernando Valley California. Mr.
Mellone was involved with such projects as designing and constructing
Universal Studios California theme park, designing and constructing
Goldwin studios sound stages, and prop sets for many other large film
studios.
Mr. Anthony Mellone Jr.          Executive Vice President
                                    Director
Mr. Mellone is the founder of Global TV, Inc., "MILLENNIUM
ENTERTAINMENT Group, and "Third Coast Teleproductions." He has been
the driving force in the company for the development of a
breakthrough design for the worldwide delivery of high speed Internet
services and video on demand. Over the past few years Mr. Mellone,
Jr., has designed and implemented the engineering of the
revolutionary RF VideoMagic video card that will permit the
transmission of DVD quality video entertainment to private residences
and business locations. This proprietary technology has been
successfully integrated into existing technology to insure production
quality, scalability, and low cost. Integrating existing technologies
by creating technical enhancements is core to Mr. Mellone Jr.'s
commitment. Standardization and economies of scale are necessary for
low cost delivery systems to reach the home and small business
market. Mr. Mellone, Jr. is an accomplished inventor, starting at a
very young age by designing and developing the Hydro Ski Disc, the
Hydro Skimmer, and his own wet suit line for the water ski industry.
In his capacity as Executive Vice President, he will continue to
create and research promising technologies and opportunities for the
Company. Mr. Mellone has more than 20 years of experience in the
entertainment industry. He has numerous key contacts in the film
industry and will be a key resource for negotiating and acquiring
product for video on demand. His technical experience will lend
itself to the future deployment of video games on demand, using the
same platform as VOD. Once again his contacts and understanding of
the technology and delivery system will be a strong advantage for the
company by making its product offerings timely and exciting. Mr.
Mellone, Jr. has also been involved in various film productions
including "Scar Face", "Lethal Weapons III", "Dukes of Hazards",
"Magnum PI", "Terminator 1 & 2" and "The Thornbirds." He has also
taught film safety methods for performers, and been involved in
production, coordination, and filming. He is an accomplished motion
picture and video photographer, with numerous credits.
Mr. Tom Terwilliger               Chief Technology Officer
                                     Director
Mr. Terwilliger has over 25 years to telecommunications
experience. Mr. Terwilliger has founded and sold many start-up
businesses to publicly traded companies such as MCI, Times Mirror
Publishing, ICG Corp., and Espire. He has been president of an
Association of Long Distance Telephone Companies for 13 years. He has
served on the President's Oversight Committee of the U.S. Small
Business Administration for Telecommunications. He is well known on
Capital Hill for his involvement with telecommunications issues. Mr.
Terwilliger has for many years operated a research and development
company specializing in telecommunications technologies including
data, voice and video. His technology has been deployed in the U.S.,
Mexico and in many countries in Latin, South and Central America.
Currently he sits on the boards of various Internet, Telephone and
R&D companies.
David Levine                      Director
Mr. Levine has 18 years of business experience and is an
entrepreneur. Mr. Levine primary focus has been on production and
internal operations in the Real estate sector of the business world.
Mr. Levine's has managed and staffed Wholesale and Retail mortgage
facilities. He has managed the operations staff for Real estate
offices in Florida. He is currently Vice President of Mortgage
Operations for Financial Freedom Investment Group Inc. He is
responsible for the production, marketing, and implementing ongoing
quality control of the retail mortgage operation. Mr. Levine overseas
all Commercial projects from inception to completion. He is also
responsible for establishing guidelines and protocols for their
wholesale and hard equity product as well as establishing and
maintaining secondary market relationships with investors. Mr. Levine
has served on the Board of Directors of the Florida Association of
Mortgage Brokers both on a local and state level. He has lobbied both
on a State and Federal level on behalf of the organization. He is
also a Past President of the Gold Coast Chapter of the FAMB in
Broward County.
Tom Smith                         Chief Financial Officer
A degreed professional and highly experienced accounting and
corporate finance manager with 22 years experience in small to large
sized organizations. Extensive experience in multi-unit financial
statements consolidations and SEC reporting. Mr. Smith's duties and
Experience consist of: Directing enterprise-wide budgeting processes;
preparing all period-ending closing adjustments; preparing all
financial reports, including SEC, Tax and Internal Performance
Variance; preparing all SEC Section 16 reports; preparing all cash
flow forecasts and analysis reports; preparing/completing all
business plans, requests for funding, and all associated Loan
Documents, Promissory Notes, Mortgage and Security Agreements,
Convertible Debenture Agreements, Stock Purchase Agreements,
Registration Rights Agreements, and Warrants and Options Agreements
and favorably negotiating all business points thereof; performing
internal audit; and performing all M&A financial due diligence/audit
and preparing business valuations on targeted M&A candidate
companies. Accomplishments include: Designed and prepared the
strategic merger/acquisition plans and favorably negotiated all
business points that facilitated the value-added, vertical
integration consolidation of separate operating entities under the
public parent company which resulted in an immediate 37% increase in
consolidated top-line revenues; prepared all integration plans and
directed all post-closing systems integration management resulting in
a seamless, under "Integration Budget" consolidation; designed,
implemented and directed formal enterprise-wide operating budget
process with strict direct cost controls that produced a 15% increase
in enterprise-wide Gross Profit, which when combined with the above
consolidation and with strict overhead budget adherence, resulted in
a significant turnaround to profitability and an increase in earnings
per share of 1,100%; arranged for, negotiated all business points,
and drafted all legal agreements related to $32 million in favorable
debt/debt-restructuring/equity/convertible funding and equity
transactions; reduced monthly closing from 38 days to 10 days, and
directed efforts of outside auditors and SEC legal counsel resulting
in timely completion of audits and a 35% reduction in audit and SEC
legal fees.
Jay Wright                        Officer / Secretary
Jay O. Wright received his Bachelor of Science degree in Business
Administration summa cum laude from Georgetown University in 1991. He
then studied law at The University of Chicago where he received his
Juris Doctor degree in 1994.
After graduation from law school, Jay practiced corporate law,
specializing in mergers and acquisitions, first with Foley & Lardner
in Chicago and then with Skadden, Arps, Slate, Meagher & Flom in New
York. He then worked as an investment banker with Merrill Lynch & Co.
From 1999 to 2001, Jay served as Chief Financial Officer of
SPEEDCOM Wireless Corporation, a fixed wireless equipment
manufacturer, where he led the process by which SPEEDCOM became a
publicly traded company on the Nasdaq Stock Market. After leaving
SPEEDCOM, Jay served as Chief Financial Officer of TAMSCO, a $115
million revenue government IT services provider where he successfully
led the sale of the company to Engineered Support Systems, Inc., a
Nasdaq listed company.
Jay currently is President and Chief Executive Officer of
MobilePro Corp., a wireless telecommunications company based in
Maryland with operations in Dallas and Beaumont, Texas. He also
serves as a partner in Chesapeake Partners, Inc., a Potomac, Maryland
based telecommunications and government advisory company and is an
adjunct professor of finance at Georgetown University.
SAFE HARBOR
Forward-looking statements made in this release are made pursuant
to the "safe harbor" provision of the Private Securities Reform Act
of 1995. Forward-looking statements made by Global Triad, Inc. is not
a guarantee of future performance.
This news release includes forward-looking statements, including
with respect to the future level of business for the parties. These
statements are necessarily subject to risk and uncertainty. Actual
results could differ materially from those projected in these
forward-looking statements as a result of certain risk factors that
could cause results to differ materially from estimated results.
Management cautions that all statements as to future results of
operations are necessarily subject to risks, uncertainties and events
that may be beyond the control of Global Triad and Global TV, Inc.
and no assurance can be given that such results will be achieved.
Potential risks and uncertainties include, but are not limited to,
the ability to procure, properly price, retain and successfully
complete projects, the availability of technical personnel, changes
in technology and competition.

Contact:

Michael Bokzam
Phone: +1-954-782-6290

Worldwide Financial Marketing, Inc
Phone: +1-954-360-9998
E-Mail: Info@wwfinancial.com

Internet: www.globaltriad.net