COLORADO SPRINGS, Colo., Dec. 3, 2010 (GLOBE NEWSWIRE) -- The Board of Directors of Accredited Members Holding Corporation (OTCBB:ACCM) has accepted the resignation of its Chief Executive Officer and Chief Financial Officer Mark Labertew. Mr. Labertew resigned to pursue other business opportunities and to return to Arizona. Mr. Labertew will help to transition his responsibilities, and also will serve as an on-going Company consultant. Effective immediately, J.W. Roth will serve as acting Chief Executive Officer and David Lavigne will serve as acting Chief Financial Officer.
"We wish Mark the best in his business endeavors both professionally and personally, and we wish to thank him for his significant contributions in helping us continue to grow our business," said J.W. Roth.
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 logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6576
Forward-Looking Statements
The information in this news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve risks and uncertainties, including statements regarding Accredited Members' capital needs, business strategy and expectations. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements. In some cases, forward-looking statements can be identified by terminology such as "may", "will," "should," "expect," "plan," "intend," "anticipate," "believe," estimate," "predict," "potential," or "continue," the negative of such terms or other comparable terminology. Actual events or results may differ materially. Accredited Members disclaims any obligation to publicly update these statements, or disclose any difference between its actual results and those reflected in these statements. The information constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.