I just read that Arbic is becoming a board member of another company. It shows the release on Jan 27 but it didn't appear on my etrade until today.
LEVEL Vision Electronics Elects Rene Arbic to Its Board of DirectorsFont size: A | A | A12:32 PM ET 1/27/09 | Market Wire RELATED QUOTES
12:26 PM ET 1/29/09 Symbol Last % Chg HPSO 0.20 11.11% LVLV 0.09 0.00% Real time quote.
LEVEL Vision Electronics Ltd. (PINKSHEETS: LVLV) proudly announces that Mr. Rene Arbic has been elected to serve as an official Board Member of LEVEL Vision Electronics Ltd.
Rene Arbic, CEO of Valtech (HIPSO Multimedia Inc.), will become a major asset for the Company. As the Company is moving forward with its growth program, we need to be surrounded with the best talent we can find. Mr. Arbic can help us build on the core competency aspects of our Company and its unique model of wireless handset customization for Telcos in their respective emerging markets.
Since March 2008, Rene Arbic has served as President and Chief Executive Officer of Valtech Communications Inc. Rene Arbic has served as a member of the board of directors of ISEE3D, a 3D camera development company. Valtech Communications Inc. is a telecommunications company offering "triple play" -- a telephony, Internet and IPTV distributor. In 2004, he founded and served as General Manager of C.E.R., Longueuil, a renewable energy consultant, with operations in Senegal, Algeria, Comoros, and Madagascar. Mr. Arbic was also a freelance International telecommunications consultant for companies in Russia, Slovakia, Senegal, Algeria, and Colombia.
He was President of GSI Technologies and founded Bridgepoint International (telecommunications facilities builder) in which he served as President & CEO. In 1997, he founded and managed Rave Communications International, a New York and Montreal telecommunications consultancy. He was associated with Stentor International, Morristown, New Jersey as Director Canadian Marketing and Director United States Marketing. In the early nineties, Mr. Arbic was Director, National Accounts for AT&T Montreal and Director of governmental accounts for Cellular Canada. From 1975 to 1990, Mr. Arbic served in various capacities for Bell Canada including Director Sales and Marketing. Mr. Arbic is a graduate of the Edward Montpetit College Business Administrations.
About LEVEL Vision Electronics
LEVEL Vision Electronics is an ODM / OEM (designer and manufacturer) of consumer electronics (mainly Wireless Handsets) primarily concentrating on the world's emerging markets. Through its Unique Business Model, LEVEL works hand-in-hand with the Telcos to customize the products to their specific targeted market requirements.
Our current products can be found online at www.levelelectronics.com and our upcoming related software products are currently under development.
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
Contact: Alexander Coriaty Public Relations Manager LEVEL Vision Electronics Ltd. acoriaty@levelelectronics.com 514-993-1780 Canada 561-283-1780 USA SOURCE: LEVEL Vision Electronics