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RCC Announces Key Board and Financial Positions

Fri. January 30, 2009; Posted: 10:00 AM
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KISSIMMEE, Fla., Jan 30, 2009 (BUSINESS WIRE) -- RCCH | Quote | Chart | News | PowerRating -- RCC/IWS (Pink Sheets: RCCH | Quote | Chart | News | PowerRating) is pleased to announce its Board of Directors and Chief Financial Officer in preparation for its new International Exchange up listing. Added to the Board of Directors are:

Mr. Archie Thompson, Resident of Canada and Board Member. With many years of worldwide entrepreneurial experience in many countries, Mr. Thompson will advise the company on international projects and will help with Business development helping to bring Canadian companies to the international market through RCC/IWS channels.

Mr. Pierre Morin, Resident of Canada and Board Member. Pierre combines many years of formal Canadian Government experience with entrepreneurial business endeavors. Mr. Morin will serve on the Board of Directors as well as take on the role of Chief Country officer for Canada.

Mr. Bill Hess, Resident of Canada and Board Member. Mr. Hess is former President of the Toronto Stock Exchange and will advise the company on key financial matters as it grows and develops.

Mr. David Campbell, Resident of The U.S., and Chief Financial Officer. Mr. Campbell holds many years of broad financial experience from some of the largest banks in the U.S. His special expertise in financial systems and valuing Intellectual Property will be important to the proper and orderly financial growth of the company.

Work continues on the new market segments that RCC/IWS is pursuing, both in the "Green" home division, which is building its supplier network in Idaho, and the Commercial Energy division that will be formally kicked off in New York City in March 2009. Work began on the Commercial Energy division in October 2008, analyzing its feasibility and business viability, and the company believes it is now at a point where it is ready for commercial sales. Interviews occurred this week with companies who will help the marketing of these products as well as wastewater and water systems. These relationships will expand the RCC/IWS coverage to several Southeastern States including Georgia, Alabama and Texas.

RCC Holdings' transition team is very pleased on how smooth the transition to the International Exchange has been proceeding and would like to thank the Exchange and the attorneys involved for all of their help and support.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

SOURCE: RCC Holdings Corp.

RCC Holdings Corp. Gene Newton, CEO, 909-483-6500

For full details for RCCH click here.

    


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