China Wi-Max DENVER TOWER
1905 Sherman Street
Suite 335
Denver, Colorado 80203
Office: 303-993-8028
800-830-1978
303-993-8172
888-220-8527
www.chinawi-max.com
Frank Ventura Joins China Wi-Max Communications as Chief Financial Officer
DENVER, Sept. 23 /PRNewswire-FirstCall/ -- China Wi-Max Communications, Inc.
(OTC Bulletin Board: CHWM - News), a world-class telecommunications and IP
transport company with operations in mainland China, today announced that Frank
Ventura has joined the Company's executive management team as Chief Financial
Officer.
Mr. Ventura brings to the Company over 25 years of accounting, management,
merger and acquisition experience in the telecom industry. Mr. Ventura was
formerly Chief Accounting Officer for Sprint, where he was responsible for all
audits, accounting systems, and SEC reporting. He also played a key role in the
execution of Sprint's global acquisition strategy, which brought over 145
companies under that telecommunications giant's corporate umbrella.
"Frank has already enhanced the accounting platform in our Beijing offices,
providing China Wi-Max with a more streamlined reporting system that is critical
to the successful execution of our business plan," commented Steven T. Berman,
President and Chief Executive Officer of China Wi-Max Communications. "Our
ability to attract a financial executive with his extensive global experience
illustrates the compelling nature of the opportunity available to our Company in
China and other countries in Asia. We believe Frank's accomplishments during his
financial career in the telecommunications industry adds greatly to the maturity
and world-class nature of the management team that has been brought together to
leverage the revenue potential of the licenses, fiber optic network and critical
relationships already in place in Beijing and other Chinese cities."
About China Wi-Max Communications, Inc.
China Wi-Max Communications, Inc. (CWMC), a world-class telecommunications and
IP transport company, was formed to take advantage of the rapidly expanding
wireless communications needs in China. The goal of China Wi-Max Communications
is to become the premier provider of Wi-Max broadband technology and allied
services in the Chinese market. Building on world-class technical experience and
proven management skills, China Wi-Max Communications is approaching its market
with the tools that experience suggests are necessary to achieve success.
The Company is headquartered in Denver, Colorado and its common stock is listed
on the OTC Bulletin Board under the symbol "CHWM." For additional information,
please visit the Company's website at www.chinawi-max.com.
Safe Harbor Statement
This press release contains forward-looking statements that involve risks and
uncertainties. The statements of this Summary Overview are forward-looking
statements that are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Actual results, events and
performances could vary materially from those contemplated by these
forward-looking statements. These statements involve known and unknown risks and
uncertainties, which may cause the Company's actual results, expressed or
implied, to differ materially from expected results. These risks and
uncertainties include, among other things, product demand and market
competition. You should independently investigate and fully understand all risks
before making an investment decision.