BOONTON TOWNSHIP, N.J.,
July 18, 2012 /PRNewswire/ -- A
spokesperson for ValCom, Inc. (Pink Sheets: VLCO) today
announced the appointment of James J.
Cosentino Chief Financial Officer effective
immediately. Mr. Cosentino brings with him a broad range of
experience in financial management. Mr. Cosentino began his career
with Cooper Lybrand in public
accounting. He then spent sixteen years in the publishing
business with Macmillan Inc., Simon & Schuster and as CFO of
Worth Publishers, Inc.
Mr. Cosentino has held finance positions with both publicly and
privately owned companies and has managed acquisitions and
divestitures. Mr. Cosentino is a member of the New Jersey
State Society of CPA's as well as the Financial Executive
Institute. He has an undergraduate degree from Westminster College and an MBA in Finance from
Fairleigh Dickinson University.
Tim Harrington, Chief Executive
officer of ValCom stated, "We have undertaken an extensive search
to identify the right executive to fill the CFO role at ValCom; Mr.
Cosentino's strong financial management experience and business
background make him our choice for CFO. We look forward to
bringing ValCom's financial reporting, which fell behind under
Valcom's previous management, up to date and in full
compliance. In addition, we also look forward to working with
Jim Cosentino to monitize our two
major assets, our film and audio library, as well as to improve the
income from ValCom's MyFamily TV network. We have clear
challenges ahead and we are confident that with the right
management team we will meet these challenges."
About ValCom, Inc.
ValCom, Inc. is a diversified, fully integrated, independent
entertainment company that has been in operation since 1983.
ValCom, Inc. through its operating divisions and subsidiaries,
creates and operates full service facilities that accommodate film,
television and commercial productions with its four divisions
comprised of television and film production, broadcasting (My
Family TV Network), distribution, and live theatre. For more
information, please visit the company's website at
www.valcom.tv.
Note About Forward-Looking Statements
With the exception of historical information, this press release
may contain forward-looking statements as that are made pursuant to
the "safe harbor" provisions as defined within The Private
Securities Litigation Reform Act of 1995 (the "PSLRA").
Forward-looking statements may be identified by words including
"anticipates," "believes," "intends," "estimates," and similar
expressions. In addition, any other statements which contain
characterizations of future events or circumstances are
forward-looking statements. These statements are based upon
management's current expectations as of the date of this press
release. Actual results may differ materially from the
expectations contained in this press release due to a number of
risks and uncertainties relating to our business which are
discussed in ValCom's periodic filings with the Securities and
Exchange Commission. ValCom, Inc. does not undertake any
responsibility to publicly update any forward-looking statements to
reflect events or circumstances after the date on which any such
statement is made or to reflect the occurrence of unanticipated
events.
For More Information Contact:
Tim Harrington
T: 973.570.5656
SOURCE ValCom, Inc.