Business Services Industry
Treasury International, Inc. Adds New Member to Board of Directors
Business Wire, Sept 5, 2000
Business & High-Tech Editors
TORONTO--(BUSINESS WIRE)--Sept. 5, 2000
The Board and Management of Treasury International, Inc. are pleased to announce the appointment of Mr. Paul Visel to the Board of Directors effective immediately.
Mr. Visel brings a wealth of business and investment experience in both domestic and international markets and will contribute significantly to Treasury's efforts to expand its product reach into these markets.
Mr. Visel received his educational training in Business and Agriculture from Rice University and Tarleton State University. Since that time he has been involved with numerous business initiatives in areas such as Tourism, Personnel and Professional Services, Natural Resources, Commercial Real Estate and Agricultural development. For the past 15 years he has served as General Manager for six ranch operations in Texas responsible for over 250 employees. In addition, he has participated in many significant business mergers and acquisitions giving him a broad base of experience in negotiating and structuring deals.
Dale Doner, president and CEO of Treasury, welcomes Mr. Visel's involvement on the Board, "Paul is an investor like the rest of us. He is committed to continue the building of Treasury's asset base and shareholder value; his business experience and professional contacts are important ingredients that will make a significant contribution. This is an important step in the construction of Treasury's leadership team."
Treasury International, Inc.
Through its wholly owned subsidiaries -- Compelis Corporation, Retailport.com, Inc. and Webco-ops.com, Inc. -- the Company is in the business of developing Internet technologies and traditional media communication solutions that link mission critical information and the knowledge assets of the enterprise with trading partners throughout the supply chain. Through its Active Business Solutions family of products -- ActiveRMS, ActiveCommerce, ActiveCo-op, ActiveCatalog, ActiveCD, ActiveDataBank, ActiveHost and ActiveDesign -- the Company addresses the content, commerce, collaboration and communication challenges of its customers. The Company's competitive advantage is built by utilizing publishing and Internet-based applications to address the unique information exchange, technology integration and operational requirements of buyers and sellers in vertical markets such as: Retail (Hard Goods, Sporting, Gifts & Specialty retail), Distribution (Industrial/MRO, Health & Safety, Materials Handling, Tooling) and Manufacturing applications.
Certain information in this news release is forward-looking, relating to matters that may be affected by risks and uncertainties in the Company's business. These forward-looking statements are qualified in their entirety by the cautionary statements contained in the Company's Securities and Exchange Commission filings.
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