China Zhong QI Hldgs. Ltd. (CHZQ)

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IVOT DPFD new head Meller runs TRBY

News for 'IVOC' - (DJ IVoice Tech Names Mark Meller CEO, CFO, President >IVOT)
WASHINGTON (Dow Jones)--IVoice Technology Inc. (IVOT) said Monday that it named Mark Meller as its new president, chief executive and chief financial officer to succeed Arie Seidler who resigned last week.

The former subsidiary of IVoice Inc. (IVOC) said in a filing with the Securities and Exchange Commission that Meller is also chief executive of three other companies, Deep Field Technologies Inc., Trey Resources and Bristol Townsend & Co.

IVoice Technology said it will pay Meller an $85,000 annual compensation package, of which $65,000 is deferred until the board determines that the company "has sufficient financial resources to pay the deferred compensation in cash" or chooses to pay Meller in common stock instead.

-By Nicolas Brulliard; Dow Jones Newswires; 202-862-1351; [e-mail]

(END) Dow Jones Newswires

August 29, 2005 18:53 ET (22:53 GMT)

Copyright (c) 2005 Dow Jones & Company, Inc.- - 06 53 PM EDT 08-29-05