FAIRFAX, Va., Feb. 1, 2006 (PRIMEZONE) -- CTR Investments & Consulting, Inc. (Other OTC:CIVX) announced today that it has expanded its Board of Directors with the appointment of two new Directors. This is the first major expansion of the Board since the appointment of Jerry Janik as CEO.
"CTR Investments and Consulting, Inc. provides a family of information management services and products used by customers in the Government and Private sectors. CTR's specialization is in identity information and data assurance, visitor management, security and encryption technologies. The CTR Board will benefit substantially from the talent and experience of the new Directors. They will make an important contribution to CTR's continued growth and development as the company positions itself to be a leader in its field," states Jerry Janik CEO.
The newly appointed Board Members are:
Paul Palmer (Director) President of Phase2e Inc., an Internet consulting company to Fortune 500 and government organizations, including the U.S. Postal Service, DynCorp, Visa, Citigroup and State Street Bank. Phase2e's specific market focus was financial services organizations, including the Internet banking sector.
Raj Kalra (Director) CEO of AMG Management Group, a firm specializing in business development, marketing, operations and sales. Mr. Kalra also sits on the board of World Showerball Group, Dynamic Gas Mask Company and The General Inventors Group.
The Company would also like to announce the resignation of Mr. Brian Hall from the Board of Directors.
About CTR Investments & Consulting, Inc.
CTR Investments and Consulting, Inc. provides a family of information technology services and products used by customers in the financial,private, government and health care sectors. CTR's specialization is in identity information and data assurance, visitor management and security and encryption technologies.
Except for historical information, all other information provided in this news release consists of ``forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1935. These ``forward-looking statements'' are subject to risks and uncertainties, which could cause actual results to differ materially from those projected, anticipated or implied. The most significant of these risks and uncertainties are discussed and identified in CTR Investment & Consulting, Inc.'s public filings made with the Securities and Exchange Commission, and include (but are not limited to) a possible inability to raise adequate capital to execute proposed strategies, changes in overall strategy due to economic, regulatory, governmental and/or market conditions, the costs and difficulties related to integration of potentially acquired businesses, potential changes in customer and supplier relationships of potentially acquired firms, changes in governmental regulations, changes in management, and changes in financial markets.
For further information about this release and the business at CTR Investments & Consulting, Inc., contact: Jerry Janik CEO, +1- (410) 255-7319, fax: +1- (678) 932-9974. jerryjanik@cablespeed.com