Truli Media Group, Inc. Forms Audit Committee
February 20 2013 - 8:30AM
Marketwired
Truli Media Group, Inc. (OTCQB: TRLI) announced today that Jon
Garfield, a member of the Board of Directors, was appointed
Chairman of its Audit Committee. Management believes this step will
help the company as it develops and grows. Michael Jay Solomon
commented, "In building Truli as a public company Jon will provide
us an audit system concurrent with other companies that fall within
the guidelines under Sarbanes-Oxley. A well run company increases
its efficiencies in providing more value for the shareholders. We
welcome Jon's assistance and his experience in establishing Truli
Media's Audit Committee."
From January 2007 through August 2010, Jon was CEO, member of
the Board of Directors, and Secretary of Clearant. Prior to that,
he served as an independent financial consultant, providing
financial services including SEC reporting obligations,
Sarbanes-Oxley compliance and CFO/Board advisory services. In 2008
he was Entrepreneur Of The Year semi-finalist, and CFO Of The Year
finalist.
1998 through January 2001, he was CFO of a telecom service
provider and a software developer. The company grew from $10
million to $300 million. In 1996 he co-founded New York Stock
Exchange listed Coach USA, Inc., and was VP of Acquisitions from
concept, to IPO to $1 billion in revenues, completing over 50
acquisitions.
From 1991 to 1996, Jon served as the number two finance person
at Maxxim Medical, Inc., an NYSE listed manufacturer and
distributor of medical products. The company grew from $20 million
in 1991 to over $500 million with five divisions.
During 1986 to 1991 he practiced public accounting with Arthur
Andersen and PricewaterhouseCoopers. He received his CPA license in
1987 and in 1986 his Accounting Degree from the University of Texas
at Austin.
He is a member of the Board of Directors of Neah Power and
Chairman of its Audit Committee since 2008, a publicly-traded
alternative energy company.
From 2010 to the present time, Jon has been Chairman of the
Advisory Board of OneMedPlace, an investor conference focused on
emerging growth and mid-sized healthcare companies, which is held
concurrently with the JPMorgan healthcare conference in San
Francisco and is one of the largest investor healthcare events in
the U.S.
Mr. Garfield remarked, "I am very pleased to be associated with
Michael Solomon, and I very much believe in the future of the Truli
Media Group."
About Truli Truli.com offers a unique
distribution platform focused on Christian and family-friendly
content that is free for users to view, interact and engage with on
any mobile apparatus such as tablets, phones, smart TV, etc.
Truli.com is free for ministries, as thousands of sermons are
delivered weekly, as well as individuals, music videos, authors,
film/television producers and educators seeking to gain visibility
and provide their content in a targeted and relevant community
linked by a shared belief. Truli offers a single platform that is
flexible and easy to access to connect users, enabling the delivery
of relevant content to the Evangelical community market of 100+
million people in the U.S. (and 700+ million outside the U.S.)
representing $4.3 billion of annual gross industry sales in the
U.S. alone.
Safe Harbor Statement This news release
contains statements that involve expectations, plans or intentions
(such as those relating to future business or financial results,
new features or services, or management strategies) and other
factors discussed from time to time in the Company's Securities and
Exchange Commission filings. These statements are forward-looking
and are subject to risks and uncertainties, so actual results may
vary materially. You can identify these forward-looking statements
by words such as "may," "should," "expect," "anticipate,"
"believe," "estimate," "intend," "plan" and other similar
expressions. Our actual results could differ materially from those
anticipated in these forward-looking statements as a result of
certain factors not within the control of the company. The company
cautions readers not to place undue reliance on any such
forward-looking statements, which speak only as of the date made.
The company disclaims any obligation subsequently to revise any
forward-looking statements to reflect events or circumstances after
the date of such statements or to reflect the occurrence of
anticipated or unanticipated events.
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Investor Relations Chuck Arnold (386) 409-0200
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