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SITS Southern ITS International Inc (PK)

0.055
0.00 (0.00%)
Last Updated: 14:30:03
Delayed by 15 minutes
Share Name Share Symbol Market Type
Southern ITS International Inc (PK) USOTC:SITS OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.055 0.046 0.055 0.00 14:30:03

Alco Announces the Appointment of CFO William Noll

09/06/2011 1:30pm

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Alco Advanced Technologies, Inc. (PINKSHEETS: ALCD) announced today William Noll as new Chief Financial Officer. With over thirty years experience in finance, budgeting, and SEC reporting, Mr. Noll has an extensive background in management and finance of large companies. Mr. Noll was Senior Vice President for a large commercial financial firm, and regional manager for Laventhol & Horwath CPA's, one of the largest international accounting firms. Mr. Noll held a position with the U.S. federal government along with a Department of Defense clearance. Alco Chairman Sylvain Desrosiers stated, "Alco is in final negotiations with several countries and port of entries. Bill will bring a solid international financial experience that will allow ALCO to face upcoming growth challenges. We have been in negotiations with the ports and countries for some time, and feel strong about finalizing several contracts within the next 90 to 120 days."

Please visit Alco's website at www.alco-advanced.com to learn more about the company's electronic container inspection services.

Safe Harbor Statement:

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

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