REDONDO BEACH, Calif., Jan. 12, 2005 (PRIMEZONE) -- CorpHQ Inc. (Pink Sheets:COHQ) has announced the expansion of its executive team with the appointment of Steven A. Williams, as Vice President of Sales and Marketing. Mr. Williams brings to CorpHQ a diversified sales and marketing background, ranging from startup to Fortune 500 companies, and spanning a variety of industries and sectors.
Mr. Williams will lead CorpHQ's sales and marketing organization, and will focus on driving revenue growth for CorpHQ's portfolio companies. The CorpHQ group of companies addresses both consumer and business segments in the security, apparel/lifestyle and food and beverage markets.
Steve Crane, CEO of CorpHQ, commented, "Mr. Williams has the training, experience and energy that makes for a synergistic addition to the CorpHQ management team. He has been involved as a sales and marketing professional within corporate and entrepreneurial environments, and has a proven track record of creating and growing revenue streams within a myriad of industries. He will be focused on using his knowledge and experience to lead our portfolio companies to accelerated revenue growth by working with each respective company's management team to fine-tune and execute their sales and marketing plans."
"The primary focus of the sales and marketing organization will be enhanced cash flow and accelerated revenue growth," noted Mr. Williams. "We are beginning the year with the initiation of several sales and marketing campaigns that, if successful, could generate a significant amount of cash flow and value for CorpHQ and its shareholders. My goal is to lead our overall sales efforts to record performance during 2005."
Prior to joining CorpHQ, Mr. Williams was a principal in a privately held business and real estate holding company. Prior to that, Mr. Williams served as a member of the due diligence team for a publicly traded business development corporation with interests in real estate, sports and technology startup and emerging growth companies.
Mr. Williams holds a bachelors degree in Business Administration, with an emphasis in Marketing, from the University of Southern California (USC), and began his sales and marketing career in the data and telecommunications industries with such notable companies as Global Crossing, Qwest Communications, SBC and Verizon.
About CorpHQ, Inc.
CorpHQ Inc. is a business incubator and holding company that enables startup and emerging companies throughout the world, realize and achieve their full potential by organizing, investing in, and providing comprehensive management support and business resources. CorpHQ acquires interests in, and provides consultation to, high-potential companies that are synergistic with its portfolio companies.
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain "forward-looking statements," as such term is defined in the Private Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.
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