Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Effective June 4, 2010, Emanuel Pavlopoulos resigned as Chairman of the Board and from the board of directors of the Universal Infotainment Systems Corporation (the “Company”). Emanuel’s resignation is not as a result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
Effective June 4, 2010, Nour Lawand resigned as Chief Operating Officer and from the board of directors of the Company. Nour’s resignation is not as a result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
Effective June 4, 2010, George Pavlopoulos became the President, Chief Executive Officer and a director of the Company, Nancy Pavlopoulos became a director of the Company and Mr. James Clark Beattie became the Vice President of the Company.
Mr. George Pavlopoulos, President and CEO
Mr. Pavlopoulos’ strengths offer the
UiS
Product line his personal “on hand” experience, from ground level Software application design in addition to completion of the unique proprietary Hardware design and implementation of such, at the Manufacturing and Production levels.
Experienced in the development and implementation of the
UiS
Infotainment and Stealthcom Aegis Technologies, which are beyond the best known GPS assisted technology and the Secure Phone products in the market today. No stranger to being fully and wholeheartedly involved in the family product and business from a very young age, Mr. Pavlopoulos has spent the last ten years working with the development of the
UiS
Technology both in Software and “on hands” production of the UNS Proprietary Hardware design at the
UiS
Labs ME and as of last year with the Sofia Development team heading the development stages of the Aegis Secure phone technologies.
Mr. Pavlopoulos’ complete knowledge of the products and their applications offers a definitive “plus” which compliments all Management of UISC globally.
Mr. James Clark Beattie,
Vice President
Mr. Beattie brings to UISC his extensive experience in the Spatial and GIS fields including extensive international contacts for developing business partners and distribution. well versed and experienced in Corporate Structuring and Technical Services dealing in most phases of Computer Engineering.
Former director of DBM Computers which conducted GIS services (2000-2001), Vice President of Geosolutions, which provided GIS services and consulting (1988 – 1999), Vice President of Linnet Geomatics International, which provided GIS services and consulting (1980 – 1987)
PAST EXPERIENCE
Data Infrastructure, Strategic Planning for GIS, Data Conversion Systems, Reference Mapping Technology, GIS for Municipal Government, business process modeling, Cadastral Mapping Projects, effectiveness audits of government programs, feasibility studies & implementation plans for Geographic Information Systems.
He is a registered professional engineer and is a former Chairman of the Geomatics Industry Association of Canada.
This Current Report on Form 8-K may contain, among other things, certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, (i) statements with respect to the Company’s plans, objectives, expectations and intentions; and (ii) other statements identified by words such as “may”, “could”, “would”, “should”, “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans” or similar expressions. These statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. These forward-looking statements involve certain risks and uncertainties that are subject to change based on various factors (many of which are beyond the Company’s control), including, without limitation, the Company’s ability to increase prices and revenue and continue to obtain contract renewals and extensions.