American Telecom Services Appoints Edward R. James as Chief Financial Officer
November 14 2006 - 6:00AM
PR Newswire (US)
CITY OF INDUSTRY, Calif., Nov. 14 /PRNewswire-FirstCall/ --
American Telecom Services Inc. (AMEX:TES), a provider of converged
communications solutions today announced that Edward R. James, a
veteran financial executive experienced in organizations with a
retail focus, will join American Telecom Services as the Company's
Chief Financial Officer, effective November 13, 2006. Mr. James
joins American Telecom Services from Carter's, Inc., an Atlanta-
based branded marketer of baby and young children's apparel with
$1.2 billion in revenue for 2005. At Carter's, he served as
Director of Finance, with responsibilities for the wholesale and
mass distribution channels, with combined sales of over $700
million annually. He was also involved in budget development,
planning, reporting, accounting management, sales administration
management and financial support for the executive staff, Board of
Directors, and various corporate leadership committees. He was
directly involved in compliance, including internal audit committee
duties, a member of the disclosure committee, and Sarbanes-Oxley
implementation, as well as various SEC filing duties. From
1992-2001, Mr. James was with UPS, the nation's largest
transportation and logistics corporation, where he served in
several positions in increasing responsibility and authority,
culminating as Corporate Strategic Marketing - Finance Project
Manager. Mr. James has an MBA from Cumberland University and
Bachelor of Science in Business Administration from Mississippi
College. Bruce Hahn, American Telecom Services' Chief Executive
Officer, commented, "We are pleased that Edward has agreed to join
our team, and believe he will help to significantly expand our
management depth. His substantial experience will enable Bruce
Layman, our Chief Operating Officer, to concentrate his attention
on managing our operational efficiency and supporting our
procurement and controls for all distribution functions. Edward has
significant experience in working with major retailers and proven
expertise in SEC reporting, financial disclosure, and compliance
for public companies. These skills will prove invaluable as we
continue to execute on our business plan and achieve our growth
objectives." Mr. James commented, "American Telecom Services stands
at the forefront of the convergence of telecommunications
technologies, with innovative, consumer- friendly products in the
pre-paid long distance and Internet telephony segments and an
impressive, broad-based retail distribution channel. I am excited
to be part of this organization and look forward to contributing my
experience and energy to help accelerate the Company's evolution
into a telecommunications industry leader." About American Telecom
Services American Telecom Services, a leading provider of
traditional and internet phones bundled with service offerings,
currently offers Digital Clear Internet phone bundles powered by
SunRocket (voice-over-Internet-Protocol or "VoIP") and Pay N' Talk
prepaid residential long distance communications services powered
by IDT. These services are bundled with ATS' diverse line of
custom- designed digital cordless multi-handset phones. ATS sells
its phone/service bundles through major retailers under the
"American Telecom", "ATS", "Pay N' Talk", and "Digital Clear" brand
names. Safe Harbor Statement Any statements in this press release
that are not historical facts are forward-looking statements within
the meaning of Section 21E of the Securities Exchange Act of 1934,
as amended. In some cases, you can identify those forward-looking
statements by words such as "may," "will," "should," "expects,"
"plans," "anticipates," "believes," "estimates," "predicts,"
"potential," or "continue" or the negative of those words and some
other comparable words. These forward-looking statements are
subject to risks and uncertainties that could cause actual results
to differ materially from historical results or those the Company
anticipates. Factors that could cause actual results to differ from
those contained in the forward-looking statement include, but are
not limited to, those risks and uncertainties described in the
Company's prospectus dated February 1, 2006 and the other reports
and documents the Company files from time to time with the
Securities and Exchange Commission. Statements included in this
press release are based upon information known to the Company as of
the date of this press release, and the Company assumes no
obligation to (and expressly disclaims any such obligation to)
publicly update or alter its forward-looking statements made in
this press release, whether as a result of new information, future
events or otherwise, except as otherwise required by applicable
federal securities laws. Contact: Bruce Hahn, CEO (310) 871-9904
(404) 261-7466 Investor Contact: Brett Maas, Principal Hayden
Communications (646) 536-7331 DATASOURCE: American Telecom Services
Inc. CONTACT: Bruce Hahn, CEO of American Telecom Services Inc.,
+1-310-871-9904, or +1-404-261-7466, ; or Investors, Brett Maas,
Principal, of Hayden Communications, +1-646-536-7331, , for
American Telecom Services Inc.
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