TORONTO, Dec. 20, 2007 (PRIME NEWSWIRE) -- Impact E-Solutions Corporation (Pink Sheets:IESO) is pleased to announce that Gary Kirk has been named President & Chief Executive Officer, effective immediately. In addition to his role as Chief Executive Officer, Mr. Kirk will serve on the Company's Board of Directors. Prior to his appointment as Chief Executive Officer, Mr. Kirk has been an advisor to the Company since early 2007.
Mr. Kirk brings to Impact E-Solutions more than thirty years of experience, including: (i) as President and Chief Executive Officer of Patricia Mining Corp. (CDNX:PAT), a Canadian exploration and development company and one of Canada's newest gold producers; (ii) as an expert in Foreign Exchange, Interest Rate Arbitrage, Treasury Bill and Fixed Income Trading with Citibank; and (iii) as a broker specializing in large ticket trades between international banks, eventually expanding his product mix to also include Interest Rate Derivatives, Futures, Options and Bond Repurchases, all of which he performed at internationally recognized firms such as ICAP, FIMAT, Cantor Freedom, and Prebon Yamane.
"I am extremely pleased to join such an experienced team with proven software and an expansive global business plan," commented Mr. Gary Kirk, Chief Executive Officer of Impact E-Solutions Corp. "Impact E-Solutions is not a research and development company, it is a revenue generating business as a result of the successful completion of a number of events through a subsidiary, including: former U.S. Vice President Al Gore's An Inconvenient Truth (which sold out in four days); a number of events across Canada for the "Bacardi B-Live" Tour , (www.bacardiblive.ca); the Maxim Grey Cup Party at The CN Tower; Major League Gaming's Canadian Open '07; The Northern Digital Expo, Canada's premier showcase for video gaming and consumer electronics; and stand up comedian Gerry Dee, who most recently finished third in NBC's hit show Last Comic Standing. Upon joining Impact E-Solutions, I will pursue the Company's transitioning from the Pink Sheets to an OTC Bulletin Board listing, which will require the completion of certain audit and other work and to expand and enhance the Company's Board of Directors and Board of Advisors."
"Gary has been closely aligned with the Company as an investor and as an advisor since early 2007," commented Mr. Michael Smith, of Impact E-Solutions Corp. "We feel this is an excellent time and opportunity for Gary to join the Company in a senior management position, thereby facilitating the continued growth of our fast paced business model and allowing me to better focus on business development, both in the United States and internationally as the Chief Operations Officer."
"In terms of the business, I will lead the Company's marketing efforts on B2B software licensing and servicing large venues with less concentration on branding our offering," continued Mr. Gary Kirk. "I will also broaden our exposure to the investment community, to which I am pleased to announce the engagement of San Diego Torrey Hills Capital (www.torreyhillscapital.com) to perform investor relations activities on behalf of the Company. Torrey Hills will assist in the distribution of corporate news, the preparation and management of investor meetings, the introduction to potential strategic alliances, and the identification of new markets. At this time, I would very much like to wish all of our shareholders, board members, and employees Happy Holidays."
About Impact E-Solutions Corporation
Impact E-Solutions (www.impactesolutions.com) (Pink Sheets:IESO) has a strategic plan to capitalize on the present and future way in which businesses, associations, artists & entertainers, venues and consumers communicate, create partnerships and develop revenue generating activities and transactions within the online universe.
Impact E-Solutions' mission is to innovate -- bringing the power, ease of use and massive reach of the internet together with constantly evolving software solutions to deliver better products, customized services and unique business solutions. Today, Impact E-Solutions is offering highly advanced, scalable e-ticketing solutions to clients in Canada and the USA with a deeper commitment to provide our products and solutions to clients and consumers on a Global scale.
The Impact E-Solutions Corporation logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2913
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act''). In particular, when used in the preceding discussion, the words "pleased'' "plan,'' "confident that,'' "believe,'' "expect,'' "intend to,'' or "anticipate'' and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks. All forward-looking statements are based on information available to Impact E-Solutions on the date hereof, and Impact E-Solutions assumes no obligation to update such statements.