MedStrong International Corporation is Proud To Announce New President Gary J. Schultheis
08 Novembre 2006 - 3:48PM
PR Newswire (US)
Gary Schultheis brings 22 years of experience to MedStrong
International, bringing company in new direction BOCA RATON, Fla.,
Nov. 8 /PRNewswire-FirstCall/ -- MedStrong International (OTC:MDSI)
(BULLETIN BOARD: MDSI) is proud to announce the appointment of
their new president Gary Schultheis, effective immediately.
Schultheis will be replacing former president Jeanine Folz. Under
the new leadership, management plans to restructure the company.
This campaign will spearhead a new and vibrant strategy that will
try and make MedStrong a leading technology company worldwide.
Schultheis said, "MedStrong is headed in new directions. We'll be
naming new staff members soon, and we'll be restructuring to become
part of an industry that is experiencing explosive growth. Now is a
great time to be part of the technology sector, and MedStrong will
be a part of the opportunities there." Gary Schultheis comes to
MedStrong through his relationship with Mountain View Capital
Partners. This affiliation was a key component in MedStrong
acquiring the initial funding needed for the current restructuring
plans. Schultheis said, "We are proud to announce that all initial
financing has been obtained to move on with MedStrong, and the
company is moving full steam ahead with plans to expand and evolve
to meet the needs of our clients and shareholders alike. You can
look forward to a name change and a new image in future days."
Schultheis has a complete and diverse background that makes his new
appointment with MedStrong International a natural fit. He is
currently president of Mountain View Capital Partners, Inc. and was
a co-founder of International Internet, Inc. / Evolve One, Inc.,
now known as China Direct, Inc. Schultheis currently serves as
President and CEO of Millennium Holdings Group, Inc., a corporate
consulting firm. He attended the State University of New York at
Farmingdale. MedStrong reached their current structure thanks to
financing by two Venture Capital firms in Florida. Mountain View
Capital Partners and Silver Lake Capital Partners. On May 4, 2006,
Mountain View Capital Partners, Inc., a privately-held company with
offices in Boca Raton, Florida, purchased 533,333 post split shares
of common stock and later purchased an additional 666,666 for an
aggregate of 1,200,000. On July 19 and again on August 14, 2006,
Silver Lake Partners, Inc., a privately-held company with offices
in Boca Raton, Florida, purchased a total of 560,000 post split
shares and later purchased an additional 640,000 post split shares
for an aggregate of 1,200,000 shares of MedStrong common stock.
MedStrong International Corporation is a development stage company
that was incorporated in the state of Delaware on May 19, 2000.
MedStrong is currently a publicly traded company under the stock
ticker symbols MDSI / MDSIW. Forward-Looking Statements This press
release may include forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. These statements are based on the
Company's current expectations as to future events. However, the
forward-looking events and circumstances discussed in this press
release might not occur, and actual results could differ materially
from those anticipated or implied in the forward-looking
statements. DATASOURCE: MedStrong International Corporation
CONTACT: Cheryl Shaffner, +1-561-208-5531 ext. 701, for MedStrong
International Corporation
Copyright