NEWPORT BEACH, Calif., July 12, 2006 (PRIMEZONE) -- RBID.com (Pink Sheets:RBID) president, Alan Rothman today announced the appointment of Mr. David Howe as Treasurer and Chief Technical Officer of the company. Mr. Howe who has a long and successful background in Technology and Project Management was responsible for introducing Lucent Technologies fixed wireless broadband portfolio throughout Europe, Middle East and Asia where revenues grew from $5 million in 1999 to over $133 million in 2001. Commenting on the appointment, Mr. Rothman, who hosts the nationally acclaimed radio show Business of Success, stated, "We are delighted to welcome David on board. His expertise in implementing and managing new technology rollouts on a global basis is well recognized and his knowledge and experience in leading such projects is a major asset for RBID.com."
Mr. Howe, who is a Chartered Engineer and has an MBA from the Open University in the UK, where he specialized in Technology Management and Corporate Financial Strategy added, "I'm delighted to be working with the team at RBID.com, as we move forward and begin assessing the viability of a number of projects that have come our way. What we will be looking to achieve are scalable and profitable business models that fit with the ethos of RBID.com." It is expected that Mr. Howe who is based in Europe will oversee all technical architecture and product oversight responsibilities, to ensure a smooth transition with the new management team. He will work closely with the RBID.com president, Mr. Rothman to assume his responsibility for the company's research and incubation efforts.
Biography -- David Howe
David is a Chartered Electrical Engineer by profession and has had a long and varied career in the telecoms and multimedia industry. David has an MBA from the Open University in the UK. David also holds advanced certification (level 2) in Linux from the LPI.
Career Highlights
David has worked for a number of major companies including:
-- Cable & Wireless where he was a Senior Network Engineer,
-- AT&T where he managed the International Satellite Systems
Engineering department in Ireland
-- Lucent Technologies where he was the New Product Introduction
Manager for their fixed wireless broadband portfolio where revenues
grew from $5m in 1999 to $133m in 2001.
-- Digicel in the Caribbean where he was the Technical Product
Development Manager where he had a special interest in m-commerce.
In addition David also project managed the implementation of
Digicel's pre-paid platform.
"SAFE HARBOR"
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, and are subject to Rule 3B-6 under the Securities 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 other results and further events could differ materially from those anticipated in such statements. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.