Business Services Industry

The Amacore Group, Inc. Appoints Caroline M. McDonald, Former Hewlett Packard Global Director for Business Development and Sales, as Chief Operating Officer

Business Wire, May 21, 2007

TAMPA, Fla. -- The Amacore Group, Inc. (OTC BB: ACGI), announced today that it has appointed Caroline M. McDonald to the position of Chief Operating Officer effective June 1st.

McDonald, age 41, comes to The Amacore Group from Hewlett Packard where she has been Global Director for Business Development and Sales since 2000. Prior to that, she was CEO and COO at Kinleyvale USA, where she built multiple, new international businesses and at Kinmac Consortium where she consolidated varied holdings into a central profitable organization. Earlier in her career, she was a manager at Westpac Banking Corporation, involved in restructuring corporations (including mergers and acquisitions), international banking operations and corporate banking. She holds a Bachelor of Economics from Australia's University of Adelaide and did her post-graduate work at Sydney University of Technology in Banking and Finance.

Clark A. Marcus, Chief Executive Officer of The Amacore Group, said, "We are very pleased to have Caroline join us; she's a seasoned professional with extensive experience capable of managing all facets of business. The Amacore Group is in a very active growth mode, and we will rely on Caroline to help manage that growth. A significant part of our business strategy calls for acquisitions in the coming months, and we are fortunate to be able to call on her expertise in this area."

McDonald said, "I am very excited to be coming onboard, at such a significant point in the development of Amacore's business. The business plan is solid and well-designed. The management has effectively established a sales force for Smarthealth Plus and Smarthealth Premier, two break-through products in the healthcare field. I have very high expectations of The Amacore Group and every confidence in the Company."

About The Amacore Group, Inc.

The Amacore Group has created two discount medical care programs, Smarthealth Plus and Smarthealth Premier, that expand the Company's offerings in discount healthcare beyond its very successful eyecare program Eye Care International (www.ecivisionplan.com). These new programs offer discounts on quality hearing, dental, vision and doctor visits, among other benefits. The Company is aggressively signing distribution and sales contracts with marketing companies to sell these programs to individual consumers and their families. For further information, visit www.amacoregroup.com.

This press release contains forward-looking statements that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans and objectives. In some cases, you may identify forward-looking statements by words such as "may," "should," "plan," "intend," "potential," "continue," "believe," "expect," "predict," "anticipate" and "estimate," the negative of these words or other comparable words. These statements are only predictions. One should not place undue reliance on these forward-looking statements. The forward-looking statements are qualified by their terms and/or important factors, many of which are outside the Company's control, involve a number of risks, uncertainties and other factors that could cause actual results and events to differ materially from the statements made. The forward-looking statements are based on the Company's beliefs, assumptions and expectations of our future performance, taking into account information currently available to the Company. These beliefs, assumptions and expectations can change as a result of many possible events or factors, including those events and factors described in "Risk Factors" in the prospectus, not all of which are known to the Company. Neither the Company nor any other person assumes responsibility for the accuracy or completeness of these statements. The Company will update the information in this press release only to the extent required under applicable securities laws. If a change occurs, the Company's business, financial condition, liquidity and results of operations may vary materially from those expressed in the aforementioned forward-looking statements.

COPYRIGHT 2007 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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