OTTAWA, May 24, 2005 (PRIMEZONE) -- BlueBear Network International, Inc. (Pink Sheets:BLBR) announced today it is nominating Mr. Derek Winch, CPA, CA as Chief Financial Officer beginning June 6, 2005. Mr. Winch has 14 years of broad audit and financial management experience in large accounting firms, start-ups and established companies.
"BlueBear management welcomes the addition of Derek to our executive team," stated Andrew Brewin, President and CEO of BlueBear Network International, Inc. (BBNI). "Derek offers an outstanding combination of audit skills, operational knowledge and experience. He truly understands the needs of a developing company yet knows what it takes to operate a mature, financially stable organization."
Mr. Winch has international financial management experience having worked as a senior auditor with Ernst & Young in Canada and Price Waterhouse in Bermuda. He has gained development experience as Controller for Global Crossing in Ireland and solidified operations experience as Operations/Finance Manager with Kerry Ingredients Inc. in Wisconsin, USA.
About BlueBear Network International, Inc.
BlueBear Network International, Inc. (Pink Sheets:BLBR) is a Nevada registered company based in Ottawa, Ontario, Canada. BBNI develops and markets the world's first system that uses biometrics and text records to securely and simultaneously search and share biometric and records information among linked police and integrated justice databases. BBNI's system responds to worldwide police and government requirements for the timely and effective information search and sharing in homeland security and law enforcement. The company has established strong strategic relationships with several large manufacturers, software and consulting firms. For more information, visit http://www.bbninternational.com/
This press release contains forward-looking statements as defined in the Securities Litigation Improvements Act of 1996. The words "believe, expect, estimate and project" and similar expressions define forward-looking statements, which speak only as of the date the statement was made. BBNI undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events or otherwise. Forward-looking statements are currently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated in, or underlie the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the company's ability to meet its projected growth, the effects of government regulation, competition and other material risks.