MELVILLE, N.Y., Oct. 13, 2003 (PRIMEZONE) -- MarketShare Recovery, Inc. (OTCBB:MSRY) today announced that Mitchell Siller will replace Raymond Barton as the Company's President and Chief Executive officer. Mr. Barton will maintain his position as chairman of the board of directors. Mr. Barton's departure is a result of a business transaction that will result in the sale of certain of MarketShare Recovery's assets. The sale of those assets will result in a special dividend to MarketShare shareholders of the acquirer Dominix Inc.'s (OTCBB:DMNX) convertible preferred stock.
"This is a significant development for MarketShare Recovery, Inc.," said Ray Barton, who goes on to say: "The transaction with Dominix and Mr. Siller's appointment will allow MarketShare to target those Internet sectors that have demonstrated themselves as the most viable and profitable market niches on the internet; while tapping the knowledge and experience of Mr. Siller."
Mitchell Siller has over 12 years exeperience in the area of weight-loss and health. Mr. Siller will lead the Company in its efforts to develop certain business opportunities. The changes are expected to take effect within the next 30 days and will draw specifically on Mr. Siller's experience, and is expected to present new revenue streams for the Company.
About MarketShare Recovery, Inc.
Marketshare Recovery, Inc. is an electronic direct marketing firm that provides direct email solutions helping marketers reach their target consumers. The firm recently signed a deal with Dominix, Inc. (OTCBB:DMNX) to sell the certain assets in order to make a transition into new business opportunities. For More information visit www.Marketshare Recovery.com or email pr@MarketShare Recovery.com
Forward Looking Statement
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