03-16-09 -
Bethesda, MD
Kore Holdings Inc. ( OTC:
KORH - News) A statement from the CEO of KORE
Holdings, Inc., Robert F. Rood: “It's been just over
three years since our founder and my longtime
friend, Denis Costa Tseklenis, suddenly passed away.
During that time much has happened in the world and
Kore and although these times have been exceedingly
difficult, our shareholders must be better kept
informed. I am pleased to report that all aspects of
KORE are well suited for the environment of today's
market. More importantly, KORE is positioned well
for the months and years ahead. Our Energy Assets
are included in the Wind Energy markets
which are of supreme focus in solving this country’s
dependency on the resources of other nations.
Further, these are energy related industries which
present a great deal of promise in job creation and
thus a tremendous amount of dollars has been
allocated for these industries within the recently
passed Stimulus Bill. KORE will explore all possible
ways to interface its energy operations with the
government’s targeted job creation programs.
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-- Kore Holdings, Inc. ( OTCBB:
KORH.PK ), announced today, C. Timothy Jewell has
been appointed Chief Operating Officer by Kore Holdings,
Inc.
C. Timothy Jewell has been CEO of International
Mercantile Company, a publicly traded company, which was
a web-based vertical business-to-business (“B2B”)
developing high-end industry standard server and
workstation products for the information technology (IT)
industry. Mr. Jewell has extensive, senior-level
experience in management of public companies, investment
banking, strategic planning, business development,
mergers and acquisitions, legal, accounting, finance,
marketing, sales, advertising, and investor relations.
Most recently, Mr. Jewell has been deeply involved in
all aspects of Financial Services relating Property,
Banks and Wall Street, thus providing a well rounded
resource to the KORE team. |
Wind Energy
- CLICK HERE
Wind-generated energy is an excellent source of emission-free electricity. According to the American Wind Energy Association, worldwide, about 40,000 megawatts of utility-scale wind turbines are installed today – 0.4 percent of the world's electricity demand. Europe makes up about 30,000 megawatts and the United States comprises roughly 6,300 MW.
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