Infinity Resources Names Laurie L. Latham CFO
January 09 2013 - 5:01PM
Marketwired
Infinity Resources Holdings Corp. (OTCQB: IRHC) ("Infinity"), a
synergistic portfolio of sustainability companies, today announced
it has appointed Laurie L. Latham, a veteran corporate finance
executive with over 30 years experience, to Chief Financial
Officer. She succeeds Richard A. Papworth who has resigned to
pursue interests in California.
Previously, Ms. Latham was Chief Financial Officer at Plano,
Texas-based ViewCast Corporation, an emerging-growth publicly
traded digital media company. During her 13-year tenure, she
increased capital by $56 million in multiple transactions and
completed two strategic acquisitions.
Barry Monheit, Infinity President and Chief Executive Officer,
said, "Having completed a major merger a few weeks ago, we need the
wealth of hands-on experience as a senior corporate finance
executive and public company officer that Laurie brings. Her
financial leadership will prove invaluable as Infinity executes on
our ambitious growth strategy in 2013 and beyond. I am delighted to
welcome her to the Company."
Commenting on her appointment, Ms. Latham said, "With
proprietary technology, excellent competitive position and a highly
favorable marketplace, Infinity is well positioned for growth. I
fully expect Infinity will capitalize on its emerging industry
leadership position for a successful and rewarding future for the
Company and its shareholders."
Prior to ViewCast, Ms. Latham served as Senior Vice President
and Chief Financial Officer of Perivox Corporation, an interactive
communications and direct marketing company, as Vice President of
Finance and Administration of Axis Media Corporation, a graphics,
photography and marketing agency, and as Vice President of Finance
and Administration for Medialink International Corporation, a food
industry technology company. Ms. Latham has also been in public
practice with national and regional accounting firms including KPMG
Peat Marwick. She received her B.B.A. from the University of Texas
and is a Certified Public Accountant.
We would like to thank Mr. Papworth for his years of service and
wish him well in his new endeavor.
About Infinity Resources Holdings Company
Infinity Resources Holdings Corp. is the parent company of Earth911
and Youchange™ and the owner of a 50% interest in Quest Resources
Management Group. Collectively Infinity's synergistic portfolio of
sustainability companies covers the full spectrum of the recycling
life cycle providing innovative waste reduction and landfill
diversion solutions for recycling and proper disposal of commercial
and consumer waste streams
(http://www.infinityresourcesholdingscorp.com).
Quest Resources Management Group provides complete commercial
waste stream management for large and mid-sized corporations in a
variety of industries. Headquartered in Frisco, Texas, Quest
manages the recycling effort of over 12,500 client locations
throughout the U.S. and Canada. Quest was named one of Inc.
Magazine's fastest growing private companies, ranking No. 928 on
the sixth annual Inc. 5000 list with 2011 revenue of $121.9 million
(http://www.questrmg.com).
Since 1991, Earth911 is the go-to source for a growing,
enthusiastic audience across the U.S. who seeks recycling and green
living information daily. Earth911 gathers, distributes and
analyzes localized recycling information to assist manufacturers,
organizations and consumers with product end-of-life solutions
(http://business.earth911.com). YouChange Holdings Corp.
(www.youchange.com) is a leader in electronics collection, e-waste
tracking and re-commerce, a fast growing economic driver that
allows consumers to donate used products and make a contribution to
their favorite school or charity.
FORWARD-LOOKING STATEMENTS This document
contains forward-looking statements that are subject to a number of
risks, assumptions, and uncertainties that could cause the
Company's actual results to differ materially from those projected.
These risks, assumptions, and uncertainties include the following:
the ability of the Company to raise capital; the ability to
complete systems within currently estimated time frames and
budgets; the ability to compete effectively in a rapidly evolving
and price-competitive marketplace; changes in nature of
telecommunications regulation in the United States and other
countries; changes in business strategy; the successful integration
of newly acquired businesses; the impact of technical change; and
other risks referenced from time to time in the Company's filings
with the Securities and Exchange Commission.
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MEDIA CONTACT Susan Larsen Business Communications
Manager Earth911, Inc. 480.889.2650 Email Contact INVESTOR
RELATIONS Jeff Rassas 480.463.4246 Email Contact
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