TUSTIN, Calif., April 21, 2014 (GLOBE NEWSWIRE) -- M Line Holdings, Inc. (OTCQB:MLHC) ("M Line" or the "Company"), a leading provider of products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as a seller of high end pre-owned Japanese Computer Numerically Controlled ("CNC") Equipment, announced the appointment of Dr. Percy Cerff to the Board of Directors of M Line. The Board now consists of five people, George Colin, Chairman; Bruce Barren, CEO; Tony Anish, COO; Jitu Banker, CFO and Percy Cerff.
Dr. Cerff is a licensed attorney and speaks 8 languages, including Russian and Chinese. Dr. Cerff has had a presence in China since the early 1970s. In 1994 Dr. Cerff, who then headed Cerff Industries, an aerospace parts manufacturer in China, was recognized by Deng Xiaoping for his work in turning around numerous Chinese Government companies to productivity.
Dr. Cerff has been involved in numerous business turnarounds during a considerable part of his professional career, representing more than 100 companies. In addition, he was instrumental in setting up the Ex-Stock Market in Leningrad in the 1990's. He also holds many awards from different countries. In his past business activities, in the 1980's, he worked with Ex-Soviet Union President, Mr. Sergeyevich Gorbachev, to organize the communal arrangements for the under privileged, plus he continued this program in the 1990's with Boris Yeltsin.
Dr. Cerff's innovations were put to the test with President Vladimir Putin's Government. During Russia's Micro-Economic Management period his work with Mr. Putin's government helped people to be productive in the factories. He was instrumental in increasing the average salary in St. Petersburg from about $75 to $600 per month.
In addition, during his distinguished career, Dr. Cerff has been associated with the United Nations where he holds a Diplomatic status passport.
Today, Dr.Cerff constantly travels around the world advising Governments, Institutions, participating in conferences, and holding seminars in business, banking and turnaround company opportunities. He has also been instrumental in creating many Non-Profit Foundations and Organizations worldwide, including the foundation - ANGELS e. V. Herrenburg.
Dr. Cerff holds various degrees from: University of Southern California, University of California – Los Angeles, Lund University, Stanford, LSE, University of Geneva, University of Florence, State University - Moscow, and Heidelberg University.
Dr. Cerff holds various Securities Licenses in the US and Europe. Dr. Cerff is a member of Karolinka Institute (the official institute for the Nobel Prize), where he is involved in its Nominating Committee. He is also a member of Washington's Inner Circle.
Both Bruce Barren, M Line's CEO, and Tony Anish, M Line's COO, commented: "We are very pleased to add Dr. Cerff to M Line's Board of Directors. His numerous business relationships will be an added plus for M Line in its marketing efforts, both domestically and worldwide. This is just another step forward for the new M Line since the beginning of our current 2014 Fiscal Year."
About M Line Holdings, Inc.
M Line Holdings, Inc. (OTCQB:MLHC). M Line provides products and services to the precision high tech segment of both the aerospace and medical industries as well as selling high end pre-owned Japanese Computer Numerically Controlled ("CNC") Equipment. Key customers of our group include Panasonic Avionics, UTC Aerospace Systems, Beckman Coulter, BE Aerospace and SIE (Structural Integrity Engineering, Inc.). The Company is headquartered in Tustin, California. For more information see our website at http://www.mlineholdings.com/
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