CHARLOTTE, N.C., July 12, 2005 (PRIMEZONE) -- PACEL, Corp. (OTCBB:PCCR) announces today that it has appointed John Covert to its Asmara Benefits unit.
John joined the AsmaraHR unit of PACEL in January 2005. He earned his Property and Causality insurance license shortly after joining AsmaraHR and has now earned is Life and Health license. John's focus has been developing our medical practice vertical in the mid-Atlantic region. Prior to joining AsmaraHR, John was with Glaxco Smith Klein as a pharmaceutical account executive.
The Asmara Benefits unit of PACEL allows the company to generate revenue from the sale of insurance products. Jointly marketing both the Human Resource capabilities of AsmaraHR and insurance products allows PACEL to have multiple revenue sources as well as building stronger client relations. Employee benefits have long been a critical issue in providing HR services. By consolidating benefits and HR services PACEL is able to offer its clients a single source for employee services.
"John's knowledge of the needs of the medical profession and his ability to offer multiple products to address issues faced by a medical practice is value to his clients," stated Gary Musselman, President of PACEL Corp.
Cautionary Statement for the Purpose of Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this news release are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by forward-looking statements, including the impact of competition, the success of existing and new product releases, the management of our growth, other risk factors inherent in the Internet, and extreme sports industries, and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission.