LAS VEGAS, Aug. 24, 2011 (GLOBE NEWSWIRE) -- Ideal Financial Solutions, Inc. (OTCQB:IFSL), a fully reporting company listed on the OTCQB, and a creator of various financial products and services for businesses and individuals, is pleased to announce the hiring of Scott M. Manson as Chief Financial Officer and General Counsel. Outgoing CFO Ben Larsen will remain available as a valued financial consultant.
Mr. Manson holds a Juris Doctorate from Hofstra University School of Law, a Bachelors in Business Administration, cum laude, also from Hofstra University, is admitted to the New York State Bar Association, and is a Certified Public Accountant (inactive). His background includes extensive financial, accounting, legal, administrative, and human resources experience in a variety of industries as well as previous financial leadership of four NASDAQ, three "INC 5000," and two start-up companies.
"We are most pleased to add a talented executive such as Scott Manson to our skilled and highly diversified management team," stated Steve Sunyich, CEO, Ideal Financial Solutions. "Mr. Manson's wealth of experience as a CFO and General Counsel for public and private companies should immediately enhance both cost savings and streamlining as well as continue our history of efficient reporting of our financial condition to the market. Out of hundreds of candidates, Scott was the perfect choice."
"Additionally, we will always be indebted to Ben Larsen for his diligence and expertise in helping us transition from the Pink Sheets to a fully reporting company on the OTCQB," Sunyich added. "We would not have come through our difficult recent turnaround without Ben's guidance and critical thinking. We are honored that he will remain a contributing member of our organization."
Mr. Manson, incoming CFO, Ideal Financial Solutions stated, "I am excited to embark on this opportunity with Ideal Financial Solutions. I intend to immediately contribute to the company's tremendous potential and to effect positive change in all aspects of the company. In choosing this company, I was truly compelled by their ability to turnaround operations and to succeed in immediately penetrating a rich vertical."
Based in Las Vegas, Nevada, Ideal Financial Solutions (http://www.idealfsi.com) provides the education, support and automated tools to create additional cash resources, rapidly eliminate all non-asset-building debt and build financial independence. As a leader in financial services, Ideal uses its automated CashFlow Management(C) tools and its Credit to Wealth Systems to assist individuals, families and small businesses in building financial independence. Select the following links to view more information on Ideal's brands such as Ideal Financial HR, Ideal Cash Secrets and iLenderAssistance.com. Please connect with us on Linkedin or Twitter. For investors who would like to receive Ideal's newsletter, please send your email address to: support@idealfsi.com
For the latest news and press, please visit http://www.idealfsi.com.
Forward Looking Statements. This release may contain forward-looking statements as well as historical information. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Forward-looking statements, which are included in accordance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, may involve risks, uncertainties and other factors that may cause the company's actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this release. These risks include, without limitation, the risk that the company's revenues will not grow as projected; that increases in marketing or other expenses may increase more rapidly than revenues; that any recent positive trends in the company's financial position may be reversed because of declines in revenues, increases in costs and/or unexpected liability event. The company expressly disclaims any obligation to update or revise any forward-looking statements found herein.