InvestorsHub Logo
Followers 52
Posts 2539
Boards Moderated 9
Alias Born 08/30/2000

Re: None

Saturday, 03/03/2001 9:40:43 AM

Saturday, March 03, 2001 9:40:43 AM

Post# of 38
Diversified Technologies Group, Inc. Announces Appointment of W. Steven Garrett as President


DALLAS--(BUSINESS WIRE)--March 2, 2001--Diversified Technologies
Group, Inc. (OTCBB:DTGI) announced today the appointment of W. Steven
Garrett as President to lead the company's evaluation and focus of its
core business. Further, Richard Gregory has accepted the position as
an interim director.
John Harris has resigned as CEO and director to pursue other
business interests and the company has acquired all stock relating to
John Harris. Also, the Demand Fax acquisition has been rescinded and
all 1.6M restricted post split shares of stock has been acquired by
the company and placed back into treasury. CareNet did not complete
the transaction for acquisition as previously announced September 29,
2000 for 100,000 shares of restricted stock.
W. Steven Garrett, President, attended Temple University,
Philadelphia, Pa. Business Law 1967. He has been involved in directing
several leading edge technology start-up companies by providing
organization, methods, orientation, systems and focus for
manufacturing plants, marketing & sales organizations Internet
solutions providers, software developers and e-Business systems during
his 35 year executive management career. IBM, Apple, NEC, HP, Compaq
and Nortel Networks have accredited him in PC Computer Hardware.
Steven has been a consultant to many of the hundreds of new business
ventures he has researched, prior to accepting positions.
Previously, as President / CEO of Fat Free Burger Co., Inc. Steven
directed the 1994 implementation of EDI with USA Defense Commissary
Agency and then he secured the First World Wide New food distribution
contract from the U.S. Government (no. DECA01 95-G-1513). Later as
General Manager, V.P. of Fanny's Fat Free Foods, Inc. Steven designed
and directed the development and implementation of a 300 page
Interactive Web Site with AT&T, which AT&T used to promote their entry
into web site development arena. The design included a 4-tier security
system, customer interactive sequences and automated inventory
ordering and replacement system for over 1,000 product items, while
directing manufacturing, packaging and marketing simultaneously.
In the mid 1980's, Steven assisted in the design and development
of Zon-Talk software (VeriFone Tranz 330) to control a fax machine and
created the First Public Fax Station (The Fax Station & Go Fax, plus
many others). This development afforded travelers the convenience of
self-service, credit card activated, fax availability in Airports,
Office buildings, Turnpikes and Hotels. During the early eighties, he
developed the First used, pre-recorded Video Tape Distributor
(Philadelphia Video Exchange, now AAA Video) to the new industry of
"Video Stores", which included West Coast Video, National Video and
Video To Go. During the late 1970's Steven developed Design & Funding
as the nations premier Invention Marketing firm. While there, he also
directed the creation of Patents, Trademarks and Copyrights that
include the credits of initiating the Jiffy Lube Franchise, Fiber
Optics, Mobile Antennas and Laser pointing devices used in human
surgery.

About Diversified Technologies Group, Inc.

Diversified Technologies Group, Inc. develops and integrates
technology companies, services and products that can leverage each
other's strengths to build value. The company is developing interests
in several technology areas related to communications, computing and
the Internet.

This news release includes forward-looking statements related to
Diversified Technologies Group, Inc. that involve risks and
uncertainties, including, but not limited to, quarterly fluctuations
in results, the management of growth, market acceptance of certain
products and other risks. These forward-looking statements are made in
reliance on the "safe-harbor" provisions of the Private Securities
Litigation Reform Act of 1995. For further information about these
factors that could affect Diversified Technologies Group, Inc.'s
future results see the company's filings with the Securities and
Exchange Commission (the "Commission"). Prospective investors are
cautioned that forward-looking statements are not guarantees of future
performance. Actual results may differ materially from management
expectations.

--30--law/mi*

CONTACT: Diversified Technologies Group, Inc., Dallas
972/774-4445
or
Investor Relations:
Marketex
Gary Swancey, 954/757-0582


:=) Gary Swancey
Contracted Independent Investor Relations for
CBQI & DTGI, compensated a monthly cash fee
http://www.marketex.net/compensate.htm

:=) Gary Swancey

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.