Message #16 From:
NewsBot Date: October 25, 2006 01:00:00 PM
CORG News Cordia Corp. Announces New Independent Director
WINTER GARDEN, Fla.--(BUSINESS WIRE)--Cordia Corporation (“Cordia”)
(OTCBB:CORG), a global communications service provider, announced today
the appointment of Robert Majernik to the Company’s
Board of Directors (the “Board”).
On October 23, 2006, the Board approved and ratified the nomination of
Mr. Majernik to the Board of Directors. Mr. Majernik shall serve as
Chairman of the audit committee and on the nominating committee. Mr.
Majernik is a certified public accountant and has over thirty years of
financial experience. During the last five years, Mr. Majernik has
served as controller for Sunham Home Fashions, LLC, an importer of goods.
"We are pleased to welcome Robert to Cordia’s
Board," said Joel Dupré, Cordia's
Chairman and CEO. "We believe his wealth of financial and business
experience, along with his international background will be invaluable
as Cordia continues to grow as a global provider of telecommunications
products and services.”
Mr. Majernik’s appointment was made to replace
the vacancy created by Mr. Gandolfo Verra’s
resignation from the Board. Mr. Verra tendered his resignation as a
member of the Board effective October 23, 2006. Mr. Verra’s
resignation comes as a result of his appointment to serve as Chief
Financial Officer, which resulted in the loss of his independent status,
decreasing the ratio of independent to non-independent Board members. At
the time of his resignation Mr. Verra served on the nominating committee
and as Chairman of the audit committee. Mr. Verra will continue to serve
in his capacity as Chief Financial Officer.
About Cordia Corporation
Cordia Corporation, through its operating subsidiaries, Cordia
Communications Corp., CordiaIP Corp., and My Tel Co, Inc. offers
business, residential, and wholesale customers local and long distance
telecommunications services utilizing traditional wireline and VoIP
technologies. In addition, Cordia develops and provides a suite of
proprietary web-based billing software and outsourced services to local,
long distance and VoIP telecommunications providers.
Safe Harbor
This release contains forward-looking statements that involve risks and
uncertainties. Cordia's actual results may differ materially from the
results discussed in the forward-looking statements. Factors that might
cause such a difference include, among others, availability of
management; availability, terms, and deployment of capital; Cordia's
ability to successfully market its services to current and new
customers, generate customer demand for its product and services in the
geographical areas in which Cordia can operate, access new markets, all
in a timely manner, at reasonable cost and on satisfactory terms and
conditions, as well as regulatory, legislative and judicial developments
that could cause actual results to vary in such forward-looking
statements.