ENTI Positions Seasoned Entrepreneur as CEO Toward Long-Term Success
16 Août 2010 - 3:30PM
Encounter Technologies (Pink Sheets:ENTI) announced today that its
CEO, Rick Dibiase has stepped down to be replaced by Strategic Rare
Earth Metals (Pink Sheets:SREH) CEO, Anthony Dibiase, who holds a
Business Management and Economics degree from the University of
Virginia.
ENTI board executives feel that Anthony's 19 years of experience
as the founder and owner of companies at the cutting edge of
advertising sales, marketing, and digital promotion for the
banking, publishing, and pharmaceutical industries, is a worthy
foundation for his position as CEO. As well, that this will be a
necessary and, overall, beneficial step to accommodate the
company's precipitated growth in Q3 which is expected to continue
through 2011.
The company is confident in the new CEO's diligence as ENTI
launches into the Internet Yellow Pages Publishing Industry while
MusicMatrix follows through on a strategic string of celebrity
spokespersons, such as the recently announced deal with Ne-Yo.
A national DISH network campaign and an aggressive web/media
campaigns with social media tie-ins is in the works. This will be
spearheaded by a top-tier PR firm which specializes in the music
industry worldwide.
Anthony will remain on board as CEO of SREH and it has been
unanimously agreed that his helming ENTI will be mutually
beneficial, "due to the inherent synergies that exist between the
two," including SREH mobile2earth's iphone app capabilities for
ENTI's MusicMatrix and IYP Platform, and ENTI building the
Doctor2Doctor social platform for Scientific News International, a
sub of SREH.
"Our main focus in moving forward will be to work to identify
any areas within the company that need improvement to compliment
our evident strengths and recent success, toward exponentially
enhancing these attributes. That said, we are in tune with
shareholder sentiment and are performing this move, for the most
part, to organize the company toward increased transparency and
accessibility as well as market confidence and appeal," states A.
Dibiase. "To all shareholders of ENTI and SREH, we have heard your
constructive concerns and positive feedback and are responding as
appropriate. Thank you for your input and continued support!"
He continues, "For example, the company's websites will be
updated to be altogether informative and user-friendly, with direct
contact to company representatives and updated filings to
OTCMarkets, with verifiable news releases and accurate timelines
set forth therein. We are initiating the development of improved
investor relations with an objective outside provider, and in-house
customer service to facilitate accessibility and organization for
our investors and customers in this new Encounter group of
companies."
Executives are confident that Anthony's position as CEO for both
ENTI and SREH will allow him to harness these synergies efficiently
in guiding both companies to new levels with project permeation
worldwide toward increased revenues.
ENTI's former CEO, Rick Dibiase, whose passion has always been
with Encounter's dynamic web-based MusicMatrix, will be on board to
take a hands-on approach to maximize MusicMatrix potential as the
major success it has for which it has been positioned with videos
from the world's largest music companies and record labels and an
agreement with superstar Ne-Yo as spokesperson.
"It's big," states Dibiase, "and this is just the
beginning. I feel my skills are put to better use as a project
consultant for ENTI, particularly with MusicMatrix, which we feel
will become a profitable, household name, with an influx of
additional features and subscribers as we continue to
progress. It's with full confidence that I relinquish my
position to Tony, who first and foremost, is family, but further,
an impressive entrepreneur in every sense of the word with the
executive background and proven success to suit this
position. I do believe firmly that his work will have a
positive impact for all involved, including executives and
shareholders alike."
CONTACT: Gerrard Hollister Investor Relations
+1 (310) 909-7988
IR@GerrardHollister.com
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