COLORADO SPRINGS, Colo., June 1, 2010 (GLOBE NEWSWIRE) -- The Board of Accredited Members Holding Corporation (OTCBB:ACCM) has accepted the resignation of its current Chief Executive Officer, Kent Kiefer, who has resigned due to growing medical issues facing his family. Mr. Kiefer, who accepted his CEO role with the organization in October of 2009, will help to transition his current role and responsibilities through August 1st, 2010. Effective immediately, Co-Chairman, J.W. Roth, will serve as acting CEO and Co-Chairman, and Dave Lavigne, who currently serves as Co-Chairman will also begin serving as acting CFO.
"We wish Kent and his family the best in pursuing resolution to the medical issues facing his family and pray for a miraculous outcome", said J.W. Roth.
In addition to this senior management change, the Financial Industry Regulatory Authority has taken actions to cause the Company's name change to be reflected in the financial markets. As of May 27, 2010 the company's current name, "Accredited Members Holding Corporation", is reflected in the financial markets and reporting agencies and it has been assigned a new trading symbol of "ACCM". As well, due to the significant growth of the organization, Accredited Members will be moving to the downtown financial district of Colorado Springs on the 14th floor of the 1st Bank Building located at 2 North Cascade Avenue. The organization's official address will be changing on June 15, 2010.
About Accredited Members: Accredited Members Holding Corporation (OTCBB:ACCM) is a publisher of research and information regarding small/micro cap companies as well as the publisher of Accredited Members magazine. AMI provides an online social networking website intended for high net-worth investors (www.accreditedmembers.com), provides corporate "Profiles" that include multiple types of investor related services (including web articles, press releases and research) and holds conferences for investors to meet and build relationships with small/micro cap companies and other member investors.
The Accredited Members Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6576
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