ERF Wireless Introduces New Leadership of Financial Operations
March 26 2014 - 2:45PM
Marketwired
ERF Wireless Introduces New Leadership of Financial Operations
New Chief Financial Officer and Controller Positions in
Place
LEAGUE CITY, TX--(Marketwired - Mar 26, 2014) - ERF Wireless
Inc. (OTCQB: ERFB), a leading provider of enterprise-class wireless
broadband products and services, announced today that R. Greg Smith
has been appointed as Chief Financial Officer. Effective
immediately, Mr. Smith has been given executive oversight
responsibilities for all SEC-required financial reporting and
General Accounting functions for ERF Wireless. Smith has held
numerous roles with the company since its inception in 2004
including holding a continuous seat on the Board of Directors.
Smith carries with him 32 years of senior-level experience as well
as18 years in executive roles of publicly traded companies. He
joined ERF Wireless in August 2004 and led the formation and public
trading of ERF Wireless in the summer and early fall of 2004. Smith
is leaving the role of Executive Vice President which he has held
since early 2013. He will be reporting directly to Dr. Dean Cubley
Chairman and Chief Executive Officer.
Dr. Cubley commented, "I am very pleased that Greg has accepted
the challenge of CFO. I have asked him to fill a tough role in our
company as we prepare to move the company away from a bulletin
board traded stock and onto a nationally recognized exchange. I am
also confident that Greg's years of familiarity and experience with
ERF Wireless make him a natural choice to help me continue to
execute on the strategic direction of the company."
ERF Wireless will also benefit from the hiring of Wesley Sherer
as the new Financial Controller. Wesley holds a CPA license in the
state of Texas, a Chartered Global Management Accountant
Certificate and a Masters of Business Administration from the
University of Houston. Wesley has also been accepted and is the
process of earning a degree in Six Sigma Management from Villanova
University. Having held previous CFO and Controller positions with
key Texas energy corridor companies has prepared Sherer to lead the
day-to-day accounting activities at ERF Wireless. Mr. Sherer will
report directly to the incoming CFO R. Greg Smith.
About ERF Wireless ERF Wireless Inc. is a fully
reporting public corporation located in League City, Texas, and is
the parent company of Energy Broadband Inc., ERF Enterprise Network
Services, ERF Wireless Bundled Services, ERF Wireless Messaging
Services and ERF Network Operations. The company specializes in
providing wireless and broadband product and service solutions to
enterprise, commercial and residential clients on a regional,
national and international basis. Its principals have been in the
wireless broadband, network integration, triple-play FTTH, IPTV and
content delivery business for more than 40 years. For more
information, please visit our websites at
http://www.erfwireless.com/, http://www.energybroadband.com, and
http://www.erfwireless.net/ or call 281-538-2101. (ERFBG)
Forward-Looking Information The information in this
release may contain forward-looking statements relating to
anticipated or expected events, activities, trends or results.
Forward-looking statements can be identified by the use of forward
looking terminology such as "believes," "suggests," "expects,"
"may," "goal," "estimates," "should," "likelihood," "plans,"
"targets," "intends," "could," or "anticipates," or the negatives
thereof, or other variations thereon, or comparable terminology, or
by discussions of strategy or objectives. Because forward-looking
statements relate to matters that have not yet occurred, these
statements are inherently subject to risks and uncertainties.
Forward-looking statements in this release include, without
limitation, the Company's expectations of continued expansion into
oil and gas markets and of our terrestrial broadband networks,
along with other performance results. These statements are made to
provide the public with management's current assessment of our
business, and it should not be assumed that that the forward
looking statements will prove to be correct. Security holders are
cautioned that such forward-looking statements involve risks and
uncertainties. The forward-looking statements contained in this
release are only as of the date hereof, and we expressly disclaim
any obligation or undertaking to report any updates or revisions to
any such statement to reflect any change in management's
expectations or any change in events, conditions or circumstances
on which any such statement is based. Certain factors may cause
results to differ materially from those anticipated by some of the
statements made in this release. Please carefully review our
filings with the Securities and Exchange Commission as we have
identified many risk factors that impact our business plan.
Contact: ERF Wireless Inc. Clareen O'Quinn 281-538-2101
ext. 113 coquinn@erfwireless.com
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