The Amacore Group, Inc. Announces Management and Board of Directors Changes
07 December 2011 - 11:00PM
Marketwired
The Amacore Group, Inc. (PINKSHEETS: ACGI), a
leader in providing health and health-related programs and other
innovative and high-quality solutions, today announced a change in
management and its Board of Directors.
After five years of accomplished leadership, Guy Norberg has
resigned as President of The Amacore Group, Inc. ("Amacore") and as
a member of Amacore's Board of Directors, effective November 30,
2011.
Regarding the transition, Mr. Norberg commented, "I have been
privileged to be a part of leading Amacore's efforts to create
innovative and high quality products, market-defining technology
platforms, and world class services. Amacore is an excellent
organization, positioned for great success, and I look forward to
supporting its efforts however I can."
Jay Shafer, Amacore's CEO, stated, "Over the past five years,
Guy Norberg has led and served Amacore with great distinction,
professionalism, skill, and care. His legacy at Amacore is one of
quality work, thoughtful planning, fair analysis, deep
relationships, and meaningful accomplishment -- leading and
positioning Amacore for the opportunities for success in which it
finds itself today. Guy's new endeavors will keep him in a similar
professional marketplace, and he and Amacore will be looking to
collaborate, cooperate, and contribute to each other's mutual
success wherever and whenever possible. We are deeply grateful for
Guy's contributions to Amacore, and wish him great success in the
future."
About The Amacore Group, Inc.
(www.amacoregroup.com) The Amacore Group, Inc. is primarily a
provider and marketer of healthcare related products, including
healthcare benefits, vision and dental networks, and administrative
services such as billing, fulfillment, patient advocacy, claims
administration and servicing. The Company primarily markets
healthcare-related membership programs such as limited and major
medical programs, supplemental medical and discount dental programs
to individuals and families. It distributes these products and
services through various distribution methods such as its agent
network, direct response marketing companies, DRTV (Direct Response
TV), inbound call centers, in-house sales representatives, network
marketing and affinity marketing partners. The Company's secondary
line of business is to place membership programs through these same
marketing channels. These membership programs utilize the same back
office and systems creating marketing efficiencies to provide low
cost ancillary products such as pet insurance, home warranty,
involuntary unemployment insurance, and accident insurance.
This press release may contain forward-looking statements that
are subject to risks and uncertainties. These forward-looking
statements include information about opportunities for future work
with Mr. Norberg and possible or assumed future results of our
business, including anticipated growth and geographic expansion,
new products and services, new business development and
opportunities, anticipated revenues, possible reduction or
elimination of material weaknesses, anticipated revenue growth,
expenses, profitability, losses and profit margins. In some cases,
you may identify forward-looking statements by words such as "may,"
"should," "plan," "intend," "potential," "continue," "believe,"
"expect," "predict," "anticipate" and "estimate," the negative of
these words or other comparable words. These statements are only
predictions. One should not place undue reliance on these
forward-looking statements. The forward-looking statements are
qualified by their terms and/or important factors, many of which
are outside the Company's control, involve a number of risks,
uncertainties and other factors that could cause actual results and
events to differ materially from the statements made. The
forward-looking statements are based on the Company's beliefs,
assumptions and expectations of the Company's future performance,
taking into account information currently available to the Company.
These beliefs, assumptions and expectations can change as a result
of many possible events or factors, including those events and
factors described in "Risk Factors" in the Company's Annual Report
on Form 10-KSB for 2009 filed with the Securities and Exchange
Commission, not all of which are known to the Company. The Company
will update the information in this press release only to the
extent required under applicable securities laws. If a change
occurs, the Company's business, financial condition, liquidity and
results of operations may vary materially from those expressed in
the aforementioned forward-looking statements.
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Company Contact: The Amacore Group, Inc. Jason Post
Principal Accounting Officer Phone: 407.805.8900 Email Contact
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