Former AOL, Smithsonian Financial Executive Joins MedStrong International as CFO
30 Januar 2007 - 2:54PM
PR Newswire (US)
DELRAY BEACH, Fla., Jan. 30 /PRNewswire-FirstCall/ -- Publicly
traded MedStrong International Corporation (OTC Bulletin Board:
MDSI; MDSIW) announced today that the MedStrong Board of Directors
has appointed as its new Chief Financial Officer, Marc Saitta,
former CFO of Smithsonian Business Ventures, who also held roles as
Vice President of Finance and Planning at AOL and CFO of AOL
Canada. Saitta's appointment marks the third former AOL executive
to join the MedStrong management team this month in preparation for
the company's planned launch of a new social networking site and
its adoption of a Web 2.0 platform. Also appointed to senior
positions were Stephen J. Bartkiw, AOL Canada founder and former
CEO, who is now MedStrong President and CEO, and Mark J. Minkin, a
former AOL International Vice President and Managing Director for
New Market Development, who is now Senior Vice President of
Marketing at MedStrong. Early this year, the company announced its
plans, to adopt a Web 2.0 platform and launch a new social
networking site. The launch date has not yet been released. "We are
pleased to have a financial professional of Marc's caliber join the
team," said Stephen J. Bartkiw, President and CEO of MedStrong. "He
brings extensive experience as a Chief Financial Officer in the
tech industry and with public companies, as well as a successful
track record of managing growth. All this combined with his
integrity and business acumen make him an excellent CFO for our
organization." As the former Chief Financial Officer of Smithsonian
Business Ventures, Saitta was responsible for all financial, IT and
corporate administrative functions of the Smithsonian Institution
subsidiary which oversees the multi- divisional, for-profit
activities of the Institution. Before Smithsonian, Saitta was with
AOL from 1998 to 2003. He began as CFO of AOL Canada, where he
spearheaded the company's call center and member support
initiatives, then went on to become the Vice President of Finance
and Planning for AOL's Technology Development Division, a 2,500
employee software and systems development team in the US. Prior to
AOL, Saitta served as Executive Director of Finance and
Administration for Ogden Entertainment Services, a division of
Ogden Corporation, where he oversaw the global financial and
administrative activities for the group's worldwide operations.
About MedStrong International Corporation MedStrong International
Corporation is a publicly traded development stage company in the
state of Delaware and operates under the stock ticker symbols MDSI
/ MDSIW. MedStrong is headquartered in Delray Beach, Florida,
recently named a 2006 Top Ten Digital City by the Center for
Digital Government, which recognizes the most technology-advanced
cities in America. Safe Harbor Act Disclaimer: This release
contains forward-looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities
Act of 1934 that are based upon current expectations or beliefs, as
well as a number of assumptions about future events. Although the
Company believes that the expectations reflected in the
forward-looking statements and the assumptions upon which they are
based are reasonable, it can give no assurance that such
expectations and assumptions will prove to have been correct. The
reader is cautioned not to put undue reliance on these
forward-looking statements, as these statements are subject to
numerous factors and uncertainties, including without limitation,
the independent authority of the special committee to act on the
matters discussed, the successful negotiation of the potential
acquisition and disposal of transactions described above,
successful implementation of the company's business strategy and
competition, any of which may cause actual results to differ
materially from those described in the statements. In addition,
other factors that could cause actual results to differ materially
are discussed in the Company's most recent Form 10-QSB and Form
10-KSB filings with the Securities and Exchange Commission.
DATASOURCE: MedStrong International Corporation CONTACT: C.
Shaffner for MedStrong International Corporation, +1-561-208-5531
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