NEW YORK, Dec. 28, 2004 (PRIMEZONE) -- Peter Maddocks ("Maddocks") and Samantha Harrison ("Harrison"), the previously nominated board members of Laidlaw Global Corporation (Pink Sheets:LWGB), have completed the nomination of a full Board with Robert A. T. Bischof ("Bischof") as Chairman and Director.
Bischof, 63, is a dual German and British citizen, decorated with the Order of Merit from the President of the Federal Republic of Germany, who from 1991 to 1993 was involved in the restructuring and privatization of one of East Germany's largest conglomerate involved in manufacturing, heavy machinery, construction, road building equipment, and foundries; he will bring his turnaround expertise to the company.
Simon Stimpson, 34, founder and CEO of the Helpinghandz Holdings Ltd group which provides a technology and services to large community groups, associations, charities and user groups with the emphasis on providing high value service that add value to the memberships while generating long-term revenues and operates in the following vertical markets: insurance, gaming, mobile, Prepaid MasterCard, and Benefit and Rewards, will become CEO of the company and a member of its Board of Directors.
Harrison will remain a Board member and move from the CEO position to the position of Vice Chairwoman of the company.
Maddocks shall continue as Director and CFO.
Brian Leslie Harris, 54, with extensive experience in the cable industry and most recently as general manager of Multipulse Electronics Ltd, will join as a director. He resides in the U.K.
David Burridge, 43, was most recently an entrepreneur that developed digital networks for retailers through Digital Marketing Partnerships Ltd will join as a director. Burridge resides in Surrey, U.K.
Clive Parrish, 48, with extensive experience in the field of global banking and a resident of the Isle of Man, will join as a director of the company.
The new Board, having completed its initial due diligence for the reverse merger of the UFO Group Ltd into the company, intends to submit an information statement for approval by a majority of the shareholders in the near future.
The company which for now uses the offices of its New York consultant as its official address will soon disclose information relative to its new main offices in the United Kingdom as soon as a lease agreement has been completed.
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