CARY, N.C. -- (BUSINESS WIRE) -- iEntertainment Network Inc., (OTCBB:IENT) announces that Mr. David Terry has joined iEntertainment Network, Inc., as Chief Financial Officer (CFO). Mr. Terry brings over 25 years of executive and financial leadership to IENT and was on the Investment Banking team that raised investment funds for IENT prior to our public offering in the mid ‘90s. Mr. Terry is very knowledgeable of the current IENT products and management, having worked with IENT before very successfully.
Mr. Terry is currently the Managing Principle of Gorham Associates of Pawley’s Island, SC. Gorham Associates is business strategy consulting company providing interim CEO, CFO, COO, and business development services. “I am excited to be working with IENT again. I know I can help make the Mobile Outdoors Hunting game strategy a success and I can assist getting the company back to full OTC reporting status.”
JW Stealey, CEO of IENT says, “David brings professionalism in financial matters that we have been lacking for many years and I know David can set that straight for all investors.”
Additionally, Mr. Aaron McCaleb of Source Outdoor Group continues to assist IENT on the sponsor marketing effort and is moving Sponsor acquisition efforts along quickly. SOG is already holding conversations with potential sponsors for IENT’s new mobile hunting games.
Development progress is being made on the new Mobile Outdoors Hunting Games with 3 potential developers vying for contracts with IENT to develop various outdoors games. First graphic demos and full game design documents have been provided to IENT in the competition. IENT plans on displaying some of the initial graphics works in the near term on its corporate website.
Safe Harbor Notice
Certain statements contained herein are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). iEntertainment, Inc. cautions that statements made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Actual results could differ materially from current projections or implied results. iEntertainment, Inc. undertakes no obligation to revise these statements following the date of this news release.