DALLAS, Dec. 7, 2006 (PRIME NEWSWIRE) -- IElement Corporation (OTCBB:IELM), (Frankfurt:SZQ1), (Frankfurt:IELM), a nationwide provider of advanced communications services and Voice over Internet Protocol (VoIP) solutions, announced today that it has appointed Charles Carlson to its board of directors. Mr. Carlson joins the board as its second outside director and is expected to provide valuable direction and leadership through IElement's recently announced acquisitions and new product implementations.
Mr. Carlson is the co-founder and CEO of Comware, an industry-leading provider of network solutions. At Comware, he has put together an elite team of experts that provide best of breed networking services and solutions to over 8,500 commercial customers.
Mr. Carlson earned a B.B.A. in 1992 and a J.D. in 1994, both from Baylor University. He has over 12 years experience as a lawyer, entrepreneur and CEO in the technology industry.
He has a keen understanding of the markets IElement targets and will be an excellent addition to the company's directorate.
The appointment of Mr. Carlson followed a board vote to increase from three to seven the number of seats available on IElement's board in order to further diversify and strengthen the company's leadership and guidance. With Mr. Carlson's appointment, IElement has filled four of those seven board positions. The other directors are Ivan Zweig, the company's founder and CEO, Lance Stovall, who is expected to become its COO, and Ken Willey, an outside director. The latter two were appointed to the board in March of this year. Mr. Zweig, Mr. Stovall and Mr. Willey are up for re-election at the company's 2006 annual meeting of stockholders next week and Mr. Carlson will serve until the company's 2007 annual meeting.
The company also maintains an advisory board.
You can find other IElement news at www.ielement.com/news.htm.
About IElement Corporation
IElement is a facilities-based nationwide communications service provider that provides state-of-the-art telecommunications services to small and medium sized businesses ("SMBs"). IElement provides broadband data, voice and wireless services by offering integrated T-1 lines as well as a Layer 2 Private Network and VOIP solutions. These solutions provide SMBs with dedicated internet access, customizable business solutions for voice, data, wireless, internet, and secure communications channels between the SMB offices, partners, vendors, customers and employees without the use of a firewall or encryption device. IElement has a network presence in 18 major markets in the United States, including facilities in Los Angeles, Dallas and Chicago.
The IElement Corporation logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2233
This press release may contain "forward-looking statements." In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential," "continue" or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. Changes in the circumstances upon which we base our predictions and/or forward-looking statements could materially affect our actual results. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things: (1) our limited operating history; (2) our ability to pay down existing debt; (3) the risks inherent in the investigation, involvement and acquisition of a new business opportunity; (4) unforeseen costs and expenses; (5) potential litigation with our shareholders and/or former or current investors; (6) the Company's ability to comply with federal, state and local government regulations; and (7) other factors over which we have little or no control.
For more information on IElement, please visit www.ielement.com.