VerifySmart(TM) Corp appoints Adi Muljo to the Company Board of Directors
April 15 2009 - 11:30AM
PR Newswire (US)
TAGUIG, METRO MANILA, Philippines, April 15 /PRNewswire-FirstCall/
-- VerifySmart Corp. (VSC) (VSMR: OTCBB): VerifySmart, a global
provider of secure and fraud free payment processing services, is
pleased to announce the appointment of Mr. Adi Muljo to the
company's Board of Directors. Mr. Muljo will serve as a Director
working in conjunction with other members of the Board responsible
for the stewardship of the Company. In addition to his Board
position, Mr. Muljo will also assume the key strategic role of
Senior Vice President of Business Development in the Asia - Pacific
Region. His reputation as one of the most respected and renowned
corporate ambassadors in his native country of Indonesia, coupled
with the reach of his successful Maryland, VA based trade
consultancy, uniquely positions him to take on this role and
enhance the VSC growth plan. Between 1971 and 1998, Mr. Muljo held
various senior management positions with Indonesia's largest
conglomerate, the Astra Group, including General Manager of its
Xerox Division and Managing Director of Inter Delta, Indonesia's
sole distributor for Kodak products and Canon cameras. From
1981-1998, Mr. Muljo was responsible for the Vancouver and
Baltimore offices of The Astra Group and was also in charge of
overseeing Astra's North American expansion directed from the
Baltimore office, where Mr. Muljo makes his home. In 1998, Mr.
Muljo founded the Maryland-based AMG Group, a company promoting
two-way trade between North America and several Asian and European
countries. Mr. Muljo holds a BA in Economics and an MBA in Finance
VSC management welcomes this significant appointment which we
believe will accelerate the company's growth plan and enhance
shareholder value. Mr. Muljo's past successes and extensive network
in the Asia/Pacific Region will be invaluable to the company's
pursuit of becoming the premiere provider of financial fraud
prevention solutions across the globe. About VerifySmart(TM) Corp.
VerifySmart(TM) Corp. is a fully reporting issuer with the shares
traded on the "OTCBB". The company's mandate is to market, sell and
manage fraud prevention products and services as an exclusive
licensee. An international company, VerifySmart's(TM)
patent-pending technology is garnering world wide attention and
rapidly gaining acceptance across a security challenged industry.
Forward Looking Statements This current report contains
"forward-looking statements", as that term is defined in Section
27A of the United States Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. Statements in this current
report which are not purely historical are forward-looking
statements and include any statements regarding beliefs, plans,
expectations or intentions regarding the future. Actual results
could differ from those projected in any forward-looking statements
due to numerous factors. Such factors include, among others, the
inherent uncertainty of financial estimates and projections, the
competitive and regulatory environment for start up software
companies, stock market conditions, unforeseen technical
difficulties and our ongoing ability to operate a business and
obtain financing. These forward-looking statements are made as of
the date of this current report, and we assume no obligation to
update the forward-looking statements, or to update the reasons why
actual results could differ from those projected in the
forward-looking statements. Although we believe that our beliefs,
plans, expectations and intentions contained in this current report
are reasonable, there can be no assurance that such beliefs, plans,
expectations or intentions will prove to be accurate. Investors
should consult all of the information set forth herein and should
also refer to the risk factors disclosure outlined in our annual
report on Form 10-K for the 2008 fiscal year, our quarterly reports
on Form 10-Q and our other periodic reports filed from time-to-time
with the Securities and Exchange Commission pursuant to the
Securities Exchange Act. Corporate Headquarters Fort Legend Towers,
Suite 2002 - 3rd Avenue corner 31st Street E-Square, Fort Bonifacio
Global City, Taguig Metro Manila, Philippines Investor Relations
Danny Gravelle Goal Capital LLC 1-949-481-5396 Questions or
Feedback http://www.verifysmart.com/ DATASOURCE: VerifySmart Corp.
CONTACT: Corporate Headquarters: Fort Legend Towers, Suite 2002 -
3rd Avenue corner 31st Street, E-Square, Fort Bonifacio Global
City, Taguig, Metro Manila, Philippines; Investor Relations: Danny
Gravelle, Goal Capital LLC, 1-949-481-5396; Questions or Feedback:
, http://www.verifysmart.com/
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