NEWPORT BEACH, Calif., April 18, 2007 (PRIME NEWSWIRE) -- World Am, Inc. (OTCBB:WDAM) today reported that it has appointed John Bogart as Director of Product Development for its Senz-It subsidiary. He will be based at the company's new headquarters here.
"We are very fortunate to have recruited John Bogart for this important assignment," said World Am Chairman and CEO Robert A. Hovee. "John is a multi-faceted senior executive with 25 years of experience developing technical product markets. He is an expert in analyzing competitors, and then creatively using marketing and sales programs to consistently capture market share."
"I am excited by this opportunity and challenge," said Mr. Bogart. "World Am is building a world-class organization, and the potential for its success made the offer to join the company all the more attractive."
Immediately after completing graduate school, Mr. Bogart worked for IBM Corporation in New Jersey and California for 10 years. During that time, he served in the roles of Product Manager, Engineering Manager, Marketing Manager and Sales Manager. As a Product Manager, Mr. Bogart was instrumental in creating the 5.25" and 3.5" form factor as the worldwide standard for magnetic storage media. This standard is still in place today. As Engineering Manager, Mr. Bogart received the IBM President's award for his outstanding achievement. A highlight of his career included directing a sales and marketing staff with an annual quota of up to $680 million of personal computer products in a four state area for more than four years. He also managed a staff of more than 50 engineering professionals on a manufacturing site, and created and implemented Western Area marketing plans through two sales teams resulting in annual growth of more than 30% as well as the number one performance in the nation in 1987.
In 1992 Mr. Bogart started his own company, Bestest International, which he ran until 2007. The company was a leading provider of moisture and composition analyzers, and registered 12 consecutive years of record sales and profits. During that time, Mr. Bogart created all the programs and procedures for more than 200 electronic measurement instruments. He also developed sales concepts that helped eliminate a market leader and allowed the company to grow 125% over a two-year period.
Mr. Bogart received his B.S. degree summa cum laude with distinction from Ohio State University and his MBA with honors from Northwestern University on a full academic scholarship.
World Am has two operating subsidiaries, Isotec and Senz-It. Isotec designs and integrates custom Automated Security Portals that provide access control, weapons control, and materials control security solutions. Automated Security Portals rigorously control entry or exit of people and materials at secure facilities, while reducing the need for security personnel. Applications of the technology have been delivered to the commercial, retail and government sectors. Isotec's experience in this field allows it to provide high quality, code compliant, application-optimized solutions at the lowest cost in the shortest timeframe.
Senz-It represents an innovative advancement in the field of micro-sensors that have applications in homeland security, indoor air quality monitoring, food processing and health care. Its potential products are intended to compete in the developing field of real-time detection and notification devices. Senz-It is being designed to identify patterns of molecules present in liquid, blood and air environments for significantly less cost than current approaches.
Additional information is available at http://www.world-am.com or http://www.isotecinc.com .
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Security Act of 1933 and Rule 3b-6 under the Security Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to those, set forth in the World Am, Inc. Form 10-KSB filing and other filings with the United States Security and Exchange Commission (available at www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.