MediaG3 Announces Two New Advisory Board Members With M&A and SEC Compliance & Reporting Expertise
July 06 2010 - 10:05AM
Marketwired
MediaG3, Inc. (PINKSHEETS: MDGC), a wireless broadband equipment,
products and services developer and technology licensing company,
is pleased to announce the appointment of Mr. Edward Steinback and
Mr. Blaise Mazzoni to the Company's Advisory Board.
As previously announced (June 1, 2010), the Company's Advisory
Board has been created to secure some of the most recognized and/or
seasoned industry leaders in the telecommunications, technology and
financial world, to provide direct support and specific expertise
to MediaG3 management in a highly active, project oriented
capacity.
"A top priority for MediaG3 is the near-term completion of our
audited financial statements for the fiscal years 2007, 2008 and
2009. Since gaining current, fully reporting status is an immediate
goal for the Company, we have asked Mr. Steinback and Mr. Mazzoni
to help accomplish this important objective posthaste," commented
Mr. Val Westergard, MediaG3 Chairman.
In his financial officer role for the Company, Edward Steinback
will oversee, manage and report all accounting, financial, and
compliance requirements to achieve financially current, fully
reporting SEC filing status for MediaG3. Further, Mr. Steinback
will also manage other financial responsibilities as they relate to
capital raises, debt funding considerations and merger and
acquisition activities.
In a succinct overview, Mr. Steinback (Partner, Steinback &
Associates, Prescott Valley, Arizona) has over 25 years in
accounting, business management and advisory services, leading a
wide array of successful audits, due diligence programs and
restructuring of accounting departments for both privately held and
publicly traded companies in a myriad of industries.
Equally, MediaG3 management would also like to welcome Mr.
Blaise Mazzoni as a member of the Company's highly valued Advisory
Board. As an independent CPA, MediaG3 has also engaged Mr. Mazzoni
to conduct internal audits and directly assist in compiling the
Company's financial statements. For these key financial projects
and other vital accounting responsibilities, Mr. Blaise Mazzoni,
MBA, CPA, brings over 35 years of business and accounting
accomplishments.
Mr. Mazzoni's extensive professional experience reflects senior
management positions, including: president, senior financial and
information officer, treasurer, controller and several senior tax,
audit, and consultant positions. Further, some of his external
project positions have included: Liaison Officer for SEC compliance
and reporting; tax compliance, reporting and audits; financial
audit assistance and coordination; CFO and financial reporting in a
diverse number of industries.
Respectively, both Mr. Steinback and Mr. Mazzoni have been
involved in SEC interfacing with numerous public companies, where
some of their direct duties included SEC compliance and reporting,
strategy development, and organizational and technological
assessments.
"I am very pleased to report that Ed Steinback and Blaise
Mazzoni have already begun in earnest to address our highest
priority financial projects. Most notably, since we are currently
involved in serious talks with several significant merger, joint
venture and potential alliance candidates, Mr. Steinback's and Mr.
Mazzoni's commitment to MediaG3's success and Advisory Board member
standing, could not have come at a better time," concluded Mr.
Westergard, MediaG3 Chairman.
About MediaG3, Inc. MediaG3 develops,
markets, and delivers broadband wireless technology products and
services for today's fixed and mobile customers. MediaG3 has five
US patent protected broadband wireless technologies and has
received the US government grant and Chinese government approval
for the company's China Pilot project intended to serve 900 million
Chinese people in rural and interior regions. MediaG3 offers
Internet access and Internet telephone via fixed and WiMax mobile
wireless throughout the US, under the Imperial Wireless brand.
MediaG3 will market their wireless broadband equipment, technology
and technology licensing under the Wytec brand. Wytec and Imperial
Wireless are wholly owned subsidiaries of MediaG3. MediaG3 is now
headquartered in San Francisco, CA, has offices and a lab in Boise,
Idaho and an office in Shenzhen, China.
For more information, please visit their corporate site
www.mediaG3.com.
Safe Harbor Act: This release may contain
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E the
Securities Exchange Act of 1934, as amended and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
"Forward-looking statements" describe future expectations, plans,
results, or strategies and are generally preceded by words such as
"may," "future," "plan" or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements as a result of various factors, and other unanticipated
circumstances.
Shareholder Relations: Daniel Baldridge President Gibraltan
Financial 407.830.9777 daniel.baldridge@gibraltan.com For
Individual / Institutional Investors: Heritage First Capital &
Equity Research Scott Gibson Managing Principal 407.444.5959
www.heritagefirst.com
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