enherent Corp. Announces Extension of Employment Agreement With CEO
Market Wire, December, 2007
enherent Corp. (OTCBB: ENHT) ( www.enherentcorp.com ), an information technology services provider, today announced it has renewed and extended the employment agreement of its President and Chief Executive Officer, Pamela Fredette. The current term of the agreement runs through 2010. Ms. Fredette will also continue to serve on enherent's Board of Directors as Chairman.
Related Results
"We are pleased with the progress that Pam has made since she became President and Chief Executive Officer in 2005," stated enherent's Vice Chairman, Thomas Minerva. "Under her leadership, the Company was able to achieve sustained profitability and continues to improve its financial performance. The Company is now better positioned to pursue strategic merger and acquisitions to create shareholder value. The Board of Directors and I are confident in Pam's abilities to continue to lead enherent through 2010."
Forward-Looking and Cautionary Statements
Except for the historical information and discussions contained herein, statements contained in this release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on certain assumptions and analyses made by the Company derived from its experience and perceptions. Actual results and developments may vary materially from those described because they are subject to a number of known and unknown risks and uncertainties. Such risks and uncertainties include, but are not limited to, future demand for the Company's services; general economic, market and business conditions; the Company's ability to increase the amount of services rendered to existing clients and develop new clients and reduce costs of providing services; the Company's ability to recruit and retain IT professionals; and various other factors discussed in the Company's filings with the Securities and Exchange Commission including those set forth under Item 1A of the Company's recent Form 10-K. The Company disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise.
CONTACT INFORMATION: Lori Stanley enherent Corp. lstanley@enherentcorp.com (973) 795-1290
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