Worldwide Announces Appointment of Director
19 March 2014 - 5:40PM
Marketwired
Worldwide Announces Appointment of Director
NEW YORK, NY--(Marketwired - Mar 19, 2014) - Worldwide Internet,
Inc. (OTC-PINK: WNTR) (PINKSHEETS: WNTR) is pleased to announce
that it will be appointing Alan Rude as a Director upon the
completion of the underwriting of its public offering.
Alan Rude is currently President of R.W. Wentworth & Co. and
has over 30 years of senior level experience in securities sales
and trading, corporate finance and entrepreneurial activities. He
has held financial management positions at Celanese Corporation and
American Home Products. He was a Senior Vice President of
PaineWebber Inc., where he sold and traded money market
instruments, U. S. Treasury and mortgage-backed securities. Mr.
Rude developed the term repurchase agreement product, which is now
the basic short-term investment vehicle for money market funds and
governmental agencies.
Mr. Rude's corporate finance activities include developing
business plans; sourcing start-up and second stage venture capital
investments, and mergers and acquisitions. Mr. Rude received his BA
in economics (with honors) from Cornell University and an MBA in
finance from the Harvard Business School. He has been listed in
Who's Who in Finance and has taught finance courses as an adjunct
professor in the New York University School of Continuing
Education
Frank Kristan, President stated that: "We are pleased to have
Alan join our board of directors as we develop an experienced team
of executives to implement our goal of building a diversified
holding company that will provide an increase in assets and
dividends for our shareholders."
About Worldwide Internet,
Inc.
Worldwide Internet, Inc. (OTC
Pink: WNTR) (www.worldwideinternetinc.com). The company is now
focused on making acquisitions of business operations and
investments to create a diversified holding company.
About R.W. Wentworth & Co., Inc.
R.W. Wentworth & Co., Inc. (Wentworth) (www.rwwentworth.com)
provides investment and business development advisory services to a
wide range of clients. Founded in 1998 with its headquarters in New
York City, Wentworth's mission is to deliver competitive financial
returns and increased benefits to its clients by incorporating
socially responsible economic, environmental, social and corporate
factors into strategic investment decisions.
FORWARD-LOOKING STATEMENTS:
This press release may contain "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995. Statements other than statements of historical facts
included in this press release may constitute forward-looking
statements and are not guarantees of future performance or results
and involve a number of risks and uncertainties. Actual results may
differ materially from those expressed or implied in the
forward-looking statements as a result of a number of factors,
including those described from time to time in filings with the OTC
Markets and. undertakes no duty to update any forward-looking
statement made herein. All forward-looking statements speak only as
of the date of this press release.
Contact: Frank Kristan frankkristan@worldwideinternetinc.com