TEMECULA, Calif., March 9, 2005 (PRIMEZONE) -- Michael N. Brette, President and CEO of VentureNet Capital Group (Pink Sheets:VNTN) is pleased to announce that Dr. Robert L. Parker has been retained as a consultant. Dr. Parker has extensive experience in operations and management of various types of companies.
"Dr. Parker's experience in getting products into mass production and out into the marketplace will give us the added management we need to oversee several projects at once," stated Mr. Brette.
Dr. Parker's background includes experience as Head of Manufacturing Engineering at Hughes Aircraft for 5 years; Director of Manufacturing for Phillips Electronics for 4 years; Director of Operations for Invacare Corporation; and Sr. Director of World Wide Operations for P-Com Telecom and is currently President of Synergie Wellness Products.
"Our goal is to rapidly get several VentureNet products out into the market. Most of the ground work has been completed, and we are now finalizing details and processes," Dr. Parker stated. "Mr. Brette has recently been able to arrange financing and other resources necessary to make this a successful endeavor. I look forward to working with Mr. Brette and his organization."
About Venture Net
Venture Net Capital Group, Inc. is a management company that provides marketing and consulting services. The company's clients are offered expertise in areas such as accounting, investment and financial services, legal representation, promotional, publicity, sales and management consulting. It specializes in helping with funding pre-public businesses that represent emerging growth opportunities as well as established companies that demonstrate potential for long-term capital growth.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the securities Act of 1933, and are subject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, further events or otherwise.