Business
MP2 ANNOUNCES RESIGNATION OFGIOVANNI BELOSSI AS DIRECTOR
MP2 ANNOUNCES RESIGNATION OFGIOVANNI BELOSSI AS DIRECTOR.
About this update from The Kiley Group Inc
[{"type":"text","content":"Irving, Texas, September 12, 2008 (Business Wire) - MP2 Technologies, Inc. (OTCPK: MPTO) announced today the resignation of Giovanni Belossi as Director and CEO and the appointment of Patrick Thomas as his replacement.\n\nA spokesman for the Company stated that the appointment of Mr. Thomas was the next step in preparing the company for a change in business direction. The spokesman further stated that the new Board of Directors for the Company is actively pursuing business opportunities in a different market and that further announcements related to the Company's direction could be expected in the near future.\n\n\"We are beginning a new journey with MP2 that has tremendous promise\", stated Mr Belossi. \"The new management of the company is well suited to move the company in the direction we have planned.\" Mr. Thomas stated that after the new plan for the Company is finalized he will be appointing new Directors to the Board to support that effort. \n\nAbout MP2 Technologies, Inc.\nMP2 Technologies, Inc. will serve as a holding company for technology and service related businesses that can share common management resources and access to marketing channels. New acquisitions will be announced over time as opportunities that fit the company's acquisition profile become available. Acquired companies will benefit from MP2's public company expertise, executive management, and sales and marketing contacts throughout the world. More information on the company can be found at their website at www.mp2technologies.com .\n\nSafe Harbor Act Disclaimer: Forward-looking statements in this release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This material is information only and is not an offer or solicitation to buy or sell the securities.\n\nContact:\nMP2 Technologies, Inc.\nInvestor Relations\n972-868-9102","length":2005,"tagName":"div"}]