DOWNERS GROVE, Ill., Sept. 23, 2009 (GLOBE NEWSWIRE) -- Affluence Corporation (Pink Sheets:AFFU), the leading social network for high wealth individuals, has named Doug Stukel interim president. Stukel has served as chairman since July of 2008 and will serve as interim president until a new president is named to replace outgoing Scott Mitchell, who resigned as CEO, president and as a member of the board of directors. The appointment is effective immediately.
"I'm very grateful to Scott. His vision has positioned Affluence as the top social network for high wealth individuals," said Stukel. "This is an exciting time, not only for Affluence and its membership base, but the social media marketplace."
In the next quarter, Affluence will begin major enhancements to the member experience including several new product and content initiatives, implement a membership growth plan, and announce additions to its executive management team with experts in social media and interactive technologies
About Affluence Corporation
Affluence Corporation (Pink Sheets:AFFU) is the leading social network for high net worth individuals. Its world-wide membership base consists of high net worth individuals and influential people including millionaires, billionaires, entrepreneurs, entertainers, athletes and other people of wealth. Affluence.org enables its membership base to interact with people of similar socioeconomic backgrounds and interests in a private network where they can share experiences, gain insights and communicate.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, competitive and technological factors, markets, services, products and prices, availability and the cost of capital, success of growth initiatives, limited operating history and other factors discussed in our filings with the Securities and Exchange Commissions. Additionally, this release may not be considered as legal, accounting, or investment advice, and is not, and may not be considered, a solicitation for the purchase of any securities issued by Affluence Corporation.