PCS Edventures Announces Management Change, Robert Grover New CEO
January 06 2012 - 2:08PM
Marketwired
PCS Edventures!.com, Inc., (OTCBB: PCSV) a leading provider of K-12
programs that focus on Science, Technology, Engineering and
Mathematics (STEM), today announced that Robert Grover, formerly
the Chief Technology Officer and President of the International
division of PCS Edventures, will assume the role of CEO
immediately. Valerie Grindle, former CEO, resigned her position as
CEO and as a member of the Board of Directors effective January 4,
2012.
Mr. Grover has been with PCS since its inception, worked closely
with the original founder of the PCS educational philosophy, and
has been the creative force behind PCS products and services for
many years. "I am optimistic and confident regarding the
opportunities we have as a company," said Mr. Grover, "both on the
domestic and International front. PCS is uniquely positioned to be
a leader in experiential STEM education programs that can develop
students for success in the 21st century."
Leann Gilberg, CFO at PCS Edventures, a key member of the
management team bringing extensive financial and public accounting
experience to PCS, said, "I am excited about the company and have
had the opportunity to talk with past customers as well as attend
recent sales presentations in schools. There is no doubt that we
face challenges, but educators are excited about our programs, and
so am I."
The Board of Directors is working closely with the management
team during this transition period and is actively engaged in
assisting with the execution of the company's business plan going
into the new year.
About PCS Edventures!
PCS Edventures!.com, Inc. (PCS) designs and delivers educational
products and services to the K-16 market that develop 21st century
skills, including critical thinking, problem solving, creativity,
and communications. PCS programs emphasize hands-on experiences in
Science, Technology, Engineering and Math (STEM) and have been
deployed at over 7,000 sites in all 50 United States and 17 foreign
countries. Additional information is available on the Internet at
http://www.edventures.com.
PCS Edventures is headquartered in Boise, Idaho, and its common
stock is listed on the OTC Bulletin Board under the symbol
"PCSV."
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Act of 1934. These forward-looking
statements are based largely on the expectations or forecasts of
future events, can be affected by inaccurate assumptions, and are
subject to various business risks and known and unknown
uncertainties, a number of which are beyond the control of
management. Therefore, actual results could differ materially from
the forward-looking statements contained in this press release.
Additional information respecting the factors that could materially
affect the Company and its operations are contained in its annual
report on Form 10-K for the year ended March 31, 2011 and Form 10-Q
for the six months ended September 30, 2011 as filed with the
Securities and Exchange Commission. The Company undertakes no
obligation to publicly update or revise any forward-looking
statement.
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