Steven Gintowt Joins GFO Consulting


CHALFONT, Pa., March 14, 2005 (PRIMEZONE) -- Jeffrey M. Gilmore, president of GFO Consulting, LLC announced today the addition of global finance executive Steven E. Gintowt as a member of the Chalfont-based financial support services company.

"During the past year, Steve has used his excellent management and problem-solving skills on projects for GFO. We are extremely pleased to get a person with his proven abilities, someone that we know that we can count on for the difficult jobs," Gilmore stated. "With Steve's proven background of success in the United States and Europe, we are confident that he will be an integral component in making GFO Consulting the premier provider of controller and CFO services to in the Philadelphia area."

Gintowt brings 24 years of international finance and management expertise to GFO Consulting. Over his career, he has specialized in taking companies public, on-line commerce, smartcards, telecommunications, financial services and information systems.

Most recently, Gintowt completed an assignment as the interim CFO at the Abramson Center For Jewish Life in North Wales, Pa. He will continue to serve on Abramson's finance board.

Before joining GFO Consulting, Gintowt served as a co-founder and CFO of ActiveEurope, Ltd., the largest on-line event registration company in Europe. From 1999-2003, he was VP of Finance for Gemplus International SA the global leader in smartcards. Based in Gemenos, France, he was instrumental in launching an IPO on US and European exchanges.

From 1997-1999, Gintowt served as the Director of Financial Planning & Analysis for Unisys Corporation in Blue Bell, PA. He also held a number of key positions with the General Electric Company and Affiliates from 1981-1997.

At present, Gintowt is also a member of the Board of Directors for Triathlete Magazine. He holds an Executive MBA from Duke University in Durham, NC and a BA in Economics & Business from Lafayette College in Easton, PA where he was also captain of the varsity fencing team.

GFO Consulting LLC (www.gfoconsulting.com) is a financial management company based in Chalfont, Pa., that provides temporary and part-time CFO and controller services to small and midsize businesses.



            

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