Message #5 From:
NewsBot Date: November 30, 2005 06:18:00 AM
OLYD News National Securities Corporation, Subsidiary of Olympic Cascade Financial Corporation, Hires Chief Operating Officer
CHICAGO--(BUSINESS WIRE)--Nov. 30, 2005--Olympic Cascade Financial Corporation (OTCBB: OLYD) announced today that National Securities Corporation, its wholly owned subsidiary, has hired David McCoy as Chief Operating Officer. Mr. McCoy's primary responsibility will be national sales manager, including broker relationships, branch management, sales and marketing.
Mark Goldwasser, Chairman, President and Chief Executive Officer, stated, "We are very excited that Dave has agreed to join our organization. He brings over 20 years experience in the securities industry to National, and will be a valuable member of our team as we seek to increase our presence in the fast growing independent contractor segment of the industry."
Olympic Cascade Financial Corporation is a holding company for National Securities Corporation. National, based in Seattle, Washington, conducts a full service national brokerage and investment banking business.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. This press release may contain certain statements of a forward-looking nature relating to future events or future business performance. Any such statements that refer to the Company's estimated or anticipated future results or other non-historical facts are forward-looking and reflect the Company's current perspective of existing trends and information. These statements involve risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among others, risks and uncertainties detailed in the Company's Securities and Exchange Commission filings, including the company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The forward-looking statements speak only as of the date of this release. The Company undertakes no obligation to update publicly any forward-looking statement, whether as a result of new information, future events or otherwise.