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[QUOTE]Originally posted by Love the Market: [QB] IDGN NEWSAmeritrade InDigiNet Reviews New Chief Operating Officer Candidates PR Newswire - October 07, 2004 09:35 NEWPORT BEACH, Calif., Oct 7, 2004 /PRNewswire-FirstCall via COMTEX/ -- InDigiNet, Inc., (OTC Bulletin Board: IDGN), a provider of managed communication solutions for Small to Mid-Size Enterprises (SMEs) in the United States, is pleased to announce that it is starting the review process and background checks of all qualified candidates for the newly created position of Chief Operating Officer and that the Company will continue to screen all incoming candidates from its national search. The new Chief Operating Officer (COO) will share with the CEO of the company responsibility for all operational and strategic issues connected with managing the company's business. The COO will be responsible for leading the company through the current time of strategic change and into the new era of expansion and development. The ultimate task of the COO will be to propose, implement and drive a strategy aimed at rapid, sustainable (i.e. supported by organizational strength) growth, which in turn should make the company a leader in the managed communication and website building industries. "We've received numerous qualified inquiries and submissions for the COO position," stated InDigiNet CEO Mark Ellis. "With the number of qualified candidates wanting to join our exciting firm so high, our shareholders won't have to settle for anyone less than the best. Many of the candidates have been CEO, COO and/or senior marketing executives from startups to Fortune 100 companies. And most of these candidates have either telecommunications and/or Wall Street backgrounds with established credentials on corporate expansion plus capital funding." Ellis further stated, "Here is an excerpt from one of the qualified candidate's resume: 'Highly accomplished senior technology executive with over 20 years of success with Fortune 100 as well as start-up, high-growth telecommunications organizations. Diverse background includes success in directing 6 transactions that involved acquiring or selling companies, piloting 3 start-up endeavors that were sold to larger telecom companies, steering corporate reorganizations, leading new business development, spearheading a reverse merger, sourcing potential investors, guiding organizations to strong revenue growth, and more.' I think most of our shareholders would agree that this candidate is worth pursuing." "With Brian Brittain, a member of the Company's Board of Directors, serving as Interim COO of Spencer Communications for us, this offers me the opportunity to focus on finding the right person to fill the COO of InDigiNet position along with concluding acquisitions under negotiation. These are indeed times of change for the Company. More than just a candle of hope that burns bright, we look forward to our new COO lighting a passage to success for all our shareholders," concluded Ellis. [/QB][/QUOTE]
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