FORT WAYNE, IN -- (Marketwired) -- 01/17/14 -- Advanced Content Services, Inc. (OTC: ADCS) announces today that it has appointed Alexander M. Woods-Leo as Director and CEO. As well, Jim DiPrima is currently serving as the company's CFO in order to complete current financial reports in order to comply with OTC Markets's OTC Pink Basic Disclosure Guidelines and further; provide greater transparency to present shareholders and prospective investors alike.
Mr. DiPrima has a Bachelor of Science in Business Administration from Creighton University, Omaha, Nebraska. His career includes 40 years of financial accounting in both the public and private sectors. He has held various positions with start-up companies. He has served as chief executive officer of MBD Midwest, a holding company for national pack and ship franchises where he managed the development of retail outlets in multiple states.
Mr. DiPrima has approximately 18 years working in various positions with public traded companies. His accomplishments included guiding several companies through the reverse merger process, raising startup capital and consulting on various mezzanine financings.
Incoming Director and CEO, Alexander M. Woods-Leo, has worked in the technology sector with computers for 10 years. He has worked in the Insurance/Banking industry for the better part of two and half years. Mr. Woods-Leo presently runs a private Delaware based technology concern.
When asked about his appointment to the new position, Mr. Woods-Leo stated; "I am thrilled to have this opportunity! Both as a long time shareholder [of Advanced Content Services, Inc.] and now as a Director and Officer, I'm eager to breathe new life into this company by bringing it back to its core focus- primarily the development of media rich content including, but not limited to, websites, smartphone and tablet applications. I feel my professional technology experience will aid us in bringing valuable acquisition opportunities to the table, looking forward toward developing stronger core revenue and cash flow."
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward- looking statements to reflect events or circumstances after the date of this release.