TUCSON, Ariz., May 18, 2004 (PRIMEZONE) -- GainClients, Inc. (Pink Sheets:GCLT) introduces its new president and CEO.
In late 2003, the board of directors formally appointed new president and CEO Raymond Desmond to head up its newest product and revamped company.
Since his appointment, Raymond Desmond has been spearheading the development and implementation of the company's global practices and strategies in all levels of operation and development. Mr. Desmond positions himself on the cutting edge of the mortgage and real estate industries. He strives to stay ahead of market trends exploring new innovations that provide services and resources to real estate and mortgage professionals.
As founder of Nova Home Loans, a Tucson, Arizona based company, Mr. Desmond possesses a well developed market-force in the mortgage banking industry with more than 25 years of hands-on and executive experience. He individually pioneered the concept of mortgage brokering and implemented this concept with Nova Home Loans in 1980. Soon after, hundreds of brokers sprang into existence using Mr. Desmond's model. Today, more than 65% of every mortgage loan transaction is originated by a mortgage broker.
Under Mr. Desmond's direction, Nova Home Loans has far exceeded the loan production of other mortgage brokers and mortgage banking firms in Southern Arizona for the last 6 years. It is the only Tucson based firm to be ranked among Arizona's Top 10 Mortgage Lenders by Arizona Business Magazine. Nova employs the number one Loan Officer in the U.S. as well as the first, second and third ranked Loan Officers in the state of Arizona. Nova Home Loans currently has six offices in Tucson, in addition to offices in Phoenix and Yuma.
The term innovator best describes Ray Desmond's business style and approach to business. He possesses the foresight to identify and capitalize on future trends, and most importantly, the persistence to launch ideas into action. As a result, creating new and improved ways of doing business are the rule rather than the exception. This innovation and direction along with the synergistic relationship with Nova Home Loans will undoubtedly propel GainClients, Inc. into the mortgage and real estate industries securing its position as a proven provider of websites for real estate and mortgage professionals.
Cautionary Statement Regarding Forward-Looking Statements
From time to time including herein, in any Company documents, or in response to inquiries from prospective or accepted Members, the Company may publish "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934 as amended. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," or variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. The Company undertakes no obligation to update publicly any written or verbal forward-looking statements, whether as a result of new information, future events or otherwise.