Fortran Corp. (FRTN)

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- FRTN - AS PER PREVIOUS PR’S,

HICKORY, N.C., July 18, 2018 (GLOBE NEWSWIRE) -- Fortran Corporation (OTC: FRTN), a communications system integrator and tower service provider, issues the following update to its shareholders. On April 19, 2018, Fortran Corporation’s former President and CEO, Douglas Rink, resigned his positions as an officer and director of the Company. On May 17, 2018, Dayne Miller, Douglas Miller, Brett Bertolami and Glenn Withers were appointed as directors of the Company, to serve along with Richard Wilson. Mr. Withers was appointed as Chairman of the Board and on July 11th CEO of the Company. The Company is currently in the process of completing its financial statements and expects to become current in its filings with the OTC Markets Group in the near future with the goal of becoming a fully reporting company under the Securities Exchange Act of 1934 in order to bring more transparency for the shareholders.