TerenceNet,
Inc. Elects Stephen Day Board Chairman
Ft.
Pierce, FL/December 3, 2002 TerenceNet, Inc. (OTC
BB: TCET), a provider of e-Business consulting
and business development services, has announced
that Stephen Day has been elected as Chairman
of the Board of Directors. Mr. Day will focus
on strategic planning, acquisitions, and corporate
development.
“Having
a strong Board of Directors is essential to our
continued growth. We will continue to be fully
SEC compliant within the framework of the Sarbanes-Oxley
Bill,” stated Terence Channon, CEO of TerenceNet,
Inc. “Mr. Day has strong Corporate Governance
experience and will be working closely with management
to insure that TerenceNet is operated with the
best business practices. We are now seeking GSA
listing of our services as we continue to transform
ourselves from website development and e-commerce
to a full service IT consulting and business development
firm.”
Mr.
Day is the CEO of Day Technology Group, Inc.,
which provides consulting for the federal government
and large federal contractors. He has strong experience
in the technology business with a background in
defense, homeland security, and emergency response
planning. Stephen Day is also Vice Chairman of
The CEO Council (www.ceocouncil.net),
an association of officers and directors of public
companies. Mr. Day also is a Director of TVI Corporation
(OTC BB: TVIN). He is the Chairman of the Compensation
Committee and serves on the Audit Committee.
“I
am excited about the opportunities for TerenceNet.
This firm has built a solid base of clients in
the private and commercial sectors. We will be
expanding our services with those clients while
we capture additional business affiliations. We
also will be pursuing government contracts for
IT services for federal, state, and local customers.”
Mr. Day said. “We will be focusing on building
revenues and income. TCET will announce significant
new contracts and additions of key personnel on
a timely basis, as well as press releases related
to our earnings reports.”
TerenceNet,
Inc., is an e-business consulting firm providing
strategic consulting and business advisory services,
web site design and development, web site hosting,
domain name and Internet identity management,
and Internet marketing services.
For
additional information, contact Terence Channon,
CEO/Chairman, TerenceNet, Inc., 6 Avenue A, Ft.
Pierce, FL 34950 U.S.A. Phone 772-429-1401, email
info@terencenet.com. Information is also available
online at www.terencenet.com.
SPECIAL
INFORMATION REGARDING FORWARD LOOKING STATEMENTS
Some of the statements in this communication are
"forward-looking statements." These
forward-looking statements involve certain known
and unknown risks, uncertainties and other factors
which may cause our actual results, performance
or achievements to be materially different from
any future results, performance or achievements
expressed or implied by these forward-looking
statements. These factors include, among others,
the factors set forth above under "Risk Factors."
The words "believe," "expect,"
"anticipate," "intend," "plan,"
and similar expressions identify forward-looking
statements. We caution you not to place undue
reliance on these forward-looking statements.
We undertake no obligation to update and revise
any forward-looking statements or to publicly
announce the result of any revisions to any of
the forward-looking statements in this document
to reflect any future or developments |