Message #17 From:
Stock News Bot Date: October 18, 2006 06:41:00 AM
WWAG News WWA Group Adds New Board Member and General Manager of Dubai Auction Operation
DUBAI, United Arab Emirates--(BUSINESS WIRE)--WWA Group, Inc. (OTCBB:WWAG),
announced today that it has appointed Chris Bettinson as a director of
WWA Group, Inc., and as the general manager of WWA Group’s
subsidiary, World Wide Auctioneers, Ltd., Dubai.
Mr. Bettinson, 47 years of age, is a trained mechanical engineer with a
long history of experience with major mining companies in the UK, which
includes managing the largest fleet of Cat and O&K equipment in the UK
during the early 1990’s. He also served O&K as
its regional product support manager for the Middle East Region in the
late 1980’s.
From 1994 through 2005 he served as business manager and business
director for Case International, managing the UK, CI.S. territories, and
the Africa / Middle East territories.
“Chris fills a very important role for WWA
Group and WWA Dubai, and we are very pleased to have him on board,”
said Eric Montandon, chief executive officer of WWA Group. He knows
equipment and people, and has the overseas equipment management
experience that makes him suitable for the GM position in Dubai.”
“I am comfortable in this new role and look
forward to helping WWA Group grow,” commented
new GM and director Chris Bettinson. “I
understand the equipment trading business in this region, and enjoy
dealing with the people. I feel I can have a very positive impact on WWA
Group’s business here.”
About WWA Group
WWA Group, through its wholly owned subsidiary World Wide Auctioneers,
Ltd., is one of the world’s largest
auctioneers of transportation and industrial equipment. For further
investor information, please contact Eric Montandon at 011 971 4 881
6142 or access WWA Group’s websites at www.wwagroup.com
and www.ironauctions.com. For
recent news and quotes, visit Yahoo! Finance at http://finance.yahoo.com/q?s=wwag.ob
A number of statements contained in this press release may be considered
to be forward-looking statements that are made pursuant to the safe
harbor provisions of the Private Securities Litigation Act of 1995.
These forward-looking statements involve a number of risks and
uncertainties, including market acceptance of services provided,
competitive market conditions, governmental regulation, and auction
results. The actual results WWA Group may achieve could differ
materially from any forward-looking statements due to such risks and
uncertainties. WWA Group encourages the public to read the information
provided here in conjunction with its most recent filings on Form 10-KSB
and Form 10-QSB. WWA Group's public filings may be viewed at www.sec.gov.
