Business & Finance
Business and Finance
Business and Finance
Thu, January 8, 2009
Wed, January 7, 2009 Level Vision Electronics: Level Vision Electronics Appoints New President, CEO
MONTREAL--(Marketwire - January 7, 2009) - Level Vision Electronics Ltd. ( Mr. Coriaty earned his university degrees from the University of Cairo and McGill University. Mr. Coriaty started his accounting career in Montreal with Northern Electric (now Nortel) and gradually progressed through the ranks to an Assistant Controllership in the West Palm Beach Florida's division. He then became Controller and Executive Financial Assistant to the President of C-MAC's U.S. Division where he retired in 2001. In 2005, Mr. Coriaty, along with his son and partner, launched Level Vision Electronics with the vision of providing the world's emerging markets with entry level and high end quality wireless handsets, customized to fit the customers' needs, at very competitive costs. Today, with his vast knowledge and years of experience with large National and International companies, Mr. Coriaty will serve as the President, CEO and Chairman of Level Vision Electronics and assure a successful accelerated growth. "Level Vision was established in 2005 with the creation of strategic alliances in China, Taiwan and Malaysia to bring to market the world's finest electronics solutions and products. It currently is expanding its emerging market strategy to the Caribbean and Latin American markets, with intensive negotiations about to conclude on agreements for major sales in 2009," said Mr. Coriaty, newly appointed President and CEO of Level Vision. "Level Vision Electronics is more than a dream, but the company is now on its way to be the new solution of customized handsets to the wholesalers / carriers / Telcos for developing countries," further added Mr. Coriaty. About Level Vision Electronics Level Vision was established in 2005 with the creation of strategic alliances in China, Taiwan and Malaysia to bring to market affordable customize wireless devices and applications to emerging markets. Important Information About Forward-Looking Statements All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
