CapSource Financial, Inc. Announces Appointment of John Ramos as Chief Financial Officer
04 June 2008 - 12:44AM
Marketwired
BOULDER, CO announced that John Ramos has been appointed Chief
Financial Officer. Mr. Ramos has more than 15 years of domestic and
international financial experience in the areas of accounting
systems, budgeting and forecasting, mergers and acquisitions, due
diligence and Sarbanes-Oxley compliance.
Prior to joining CapSource Financial, Mr. Ramos served as a
management consultant with Centennial Business Solutions, LLC, a
Denver-based consulting firm. While at Centennial, among other
activities, Mr. Ramos provided consulting services to Anatolia
Minerals Development, Ltd and Comcast Digital Voice Division.
Mr. Ramos spent six years at Media One International (formerly
US WEST International) in various financial management positions.
In his final assignment Mr. Ramos was posted in Jakarta as Director
of Finance for a joint venture between Media One International
(formerly US WEST International) and PT Telkom Indonesia.
Mr. Ramos also served as an advisor to Qwest Communications
regarding their expansion into Asia. Later, Mr. Ramos served as
Chief Financial Officer for a Hong Kong-based media entertainment
business where he supervised a staff of ten financial professionals
in Hong Kong, Taiwan, Shanghai and Malaysia.
President and CFO Fred Boethling said, "We welcome John to our
management team and are confident that his expertise in
international corporate finance will be of significant importance
as we continue to grow our domestic and international
businesses."
About CapSource Financial, Inc.
CapSource Financial, Inc. was incorporated in 1996 to take
advantage of the North American Free Trade Agreement (NAFTA) and
the increased economic activity that NAFTA triggered when the
world's largest free trade area was created by linking 406 million
people in Mexico, the U.S. and Canada producing more than $11
trillion worth of goods and services. Mexico is now the United
States' second largest trading partner with an average of $650
million in goods crossing the border each day. U.S. trade with
Mexico has increased nearly 500 percent -- from $48 billion to $239
billion since the passage of NAFTA. The vast majority of this trade
moves by truck.
CapSource Financial, Inc., a U.S. corporation with its principal
place of business in Boulder, Colorado, is a holding company that
sells and leases dry van and refrigerated truck trailers and
manages a lease/rental fleet of over-the-road truck trailers and
related equipment through its wholly owned Mexican operating
subsidiaries. The Company is the only authorized Hyundai dealer in
Mexico. In addition, the Company sells dry van and refrigerated
truck trailers in California and Texas through its subsidiary
Capsource Equipment Co., d/b/a Prime Time Trailers. In both
California and Texas the Company is the authorized Hyundai Trailer
dealer. CapSource's common stock trades on the electronic bulletin
board under the symbol CPSO.
Certain matters discussed within this press release may be
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Although CapSource
Financial, Inc. believes the expectations reflected in any
forward-looking statements are based on reasonable assumptions, it
can give no assurance that its expectation will be attained.
Factors that could cause actual results to differ materially from
our expectations include financial performance, changes in national
economic conditions, economic conditions in Mexico, availability of
financing, governmental approvals and other risks detailed from
time to time in the company's SEC reports.
For Additional Information Contact: CapSource Fred Boethling
(888) 574-6744 Visit the company's website:
www.capsource-financial.com
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