Richard Maring Leaves Bank of America for Executive Position With Tribeworks, Inc.


GZIRA, Republic of Malta, Jan. 18, 2007 (PRIME NEWSWIRE) -- Tribeworks, Inc. (OTCBB:TWKS) today announced the appointment of Mr. Richard J. Maring as Worldwide Director of Training and Development.

Effective immediately, Mr. Maring joins the company after a successful 15-year career in strategic planning, solution design, process reengineering, project management, and team building. He has experience creating human centric, intensive, service oriented company frameworks, together with broad industry experience designing and deploying solutions to support business and regulatory initiatives like Gramm-Leach-Bliley, Sarbanes-Oxley, HIPPA, and Six Sigma.

Mr. Maring has held senior executive IT positions, with NASDAQ, Microsoft, and most recently Bank of America.

"Mr. Maring's position plays a vital role with both Corporate compliance issues and with building an exceptional support team worldwide," states Robert Altinger, Executive Chairman. He continues, "Richard brings a very solid track record, from dynamic companies, and all of us are pleased to be working with him."

Maring states, "With the recent influx of customers, and the growth the company will experience since it has gone 'live' in October, I believe that this is a challenge, and a real opportunity at the same time. I am looking forward to the years to come."

Atlas Technology Group, a subsidiary of Tribeworks, Inc. (OTCBB:TWKS), provides outsourced software support services for custom applications, for clients with large IT functions worldwide. The company specializes in remotely supporting complex, custom-built applications, using best-of-breed process and monitoring systems, from state-of-the-art data centers in Seattle and Malta, in addition to support centers in Malta and New Zealand.

This release shall not constitute an offer to sell or the solicitation of an offer to buy securities to/from any person, nor shall there be any sale of these securities in any jurisdiction in which it is unlawful to make such an offer or solicitation. A number of statements in this press release are forward-looking statements, which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors described in the Company's filings with the SEC. The actual results that the Company may achieve may differ materially from any forward-looking statements due to such risks and uncertainties.



            

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