FINI Group, Inc. Names New Chief Executive Officer
Friday, July 27, 2007 08:00 AM EDT
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--FINI Group, Inc. (Pink Sheets:FGRP), announced today that Vladimir Karpenkov has been named President and Chief Executive Officer. Dr. Karpenkov holds two Master of Science degrees as well as a PhD in Data Base Management, with emphasis on Protection Systems within high-speed information exchange systems.
During his extensive career, he has developed numerous database driven applications for both government and industry clients by designing and implementing customer-specific information systems, data warehousing and Internet solutions. Dr. Karpenkov has developed premier Internet-based systems that enable large-scale data processing and storage requirements as well as the integration of dissimilar platforms that include both UNIX and Windows environments.
Prior to his co-founding Traders Development LLC, which was recently acquired by the Company, Dr. Karpenkov was a co-founder of Data Quest Software LLC, a leading Aliso Viejo, California-based company that provides turnkey business 2 business and business 2 consumer e-commerce solutions.
It was while with Traders Development LLC that Dr. Karpenkov developed the Company’s premier product, a trading software known as Avalon FX Pro, which is an innovative software platform in use today by foreign exchange trading (Forex) companies.
About FINI Group, Inc.
FINI Group, Inc. provides software technology to financial market companies. FINI Group, Inc. intends to focus on products related to the Forex, the world’s largest capital market, where on average $1.9 trillion in contracts are traded daily according to The Bank of International Settlements.
For more information please visit the Company’s website, http://www.finigroup.com/.
A number of statements referenced in this Release are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this Release may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may,” “could,” or “might” occur. Such statements reflect the current views of FINI Group, Inc. with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the Company's filings with the Securities and Exchange Commission. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties.
FINI Group, Inc. does not undertake any responsibility to update the “forward-looking” statements contained in this news release. Any communications received by fax or e-mail concerning FINI Group, Inc. which have not been authorized by the Company or its investor relations/media advisory firm are specifically disavowed by the Company.
Contact:
FINI Group, Inc.
Vladimir Karpenkov, 323-428-3244
