Science & Technology
Science and Technology
Science and Technology
Fri, May 7, 2010
Thu, May 6, 2010 Kranitz and Ventura Named to Board of Directors of China Wi-Max
DENVER, CO and BEIJING--(Marketwire - May 6, 2010) - China Wi-Max (
In a similar vein, Founder and Chairman of the Board, Dr. Allan Rabinoff, stated "All of us at China Wi-Max respect and appreciate the years of experience and unique skill sets each of these two gentlemen bring to their new responsibilities. Each is an outstanding leader and team player with a history of success and accomplishment in their respective fields of law and telecommunications."
Richard Kranitz has been an attorney in private practice for over 35 years emphasizing securities, banking and business law. From 1990, he has been a senior member and principal of Kranitz & Philipp in Grafton, Wisconsin. Mr. Kranitz has served as a director of the Grafton State Bank from 1990 to present, and now serves as a member of the Board of Harris Bank - Northern District. During the past 26 years, he has performed services in connection with over 200 securities offerings, including over 40 publicly registered offerings. Richard has been a member of startup teams in over 150 new venture and 15 nonprofit organizations and served as a director and/or officer of over 80 firms in a variety of industries, including both listed and unlisted public firms.
Frank Ventura has over 25 years experience in telecommunications. He spent 21 years with Sprint during the "Growth Thru Acquisitions" period when over 147 companies were merged into Sprint. As Vice President and Controller-Chief Accountant Officer, he was responsible for Acquisition Studies and Audits, Accounting System Development, SEC, Consolidation, and Tax. During various periods, while at Sprint, he was the executive in charge of Flight Operations, Systemwide Purchasing, Management Information Systems, Real Estate and Internal Audit. After leaving Sprint, Mr. Ventura served as Chief Financial Officer for St. Andrews Telecommunications and Blue Star Communications.
China Wi-Max owns and is further developing fiber optic networks in top Chinese cities. The biggest key to a successful "competitive strategy" is targeting the right market. China Wi-Max is specifically targeting ten key cities in China: Beijing, Tianjin, Dalian, Qingdao, Xi'an, Shanghai, Hangzhou, Chongqing, Guangzhou, and Shenzhen.
About China Wi-Max Communications, Inc.
China Wi-Max Communications, Inc. (CHWM), a world-class telecommunications and IP transport company, was formed to take advantage of the rapidly expanding wireless and broadband communication needs in China. The goal of China Wi-Max Communications is to become the premier provider of broadband technology and allied services in the Chinese market. Building on world-class technical experience and proven management skills, China Wi-Max Communications is approaching its market with the tools that experience suggests are necessary to achieve success. The Company is headquartered in Denver, Colorado and its common stock is listed on the OTC Bulletin Board under the symbol "CHWM". For additional information, please visit the Company's website at [ www.chinawi-max.com ].
'Safe Harbor Statement'
This press release contains forward-looking statements that involve risks and uncertainties. The statements of this Summary Overview are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results, events and performances could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results, expressed or implied, to differ materially from expected results. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making an investment decision.
