For Immediate Release
Denver, CO, May 14, 2009 -- China Wi-Max Communications announced here today, the appointment of Steven T. Berman as its new President. Steven is a senior telecommunications executive with over 20 years of business and legal experience. In addition, he has served as corporate general counsel, operations manager, a regulatory and compliance strategist and as a contract negotiator. His background includes managing staff and operations in telecom companies plus financial and manufacturing operations.
His extensive telecommunications background comes from almost ten years at the National Rural Telecommunications Cooperative (NRTC) where he helped launch DIRECTV in 1994. Steven served as Senior Vice President, Business Affairs and General Counsel at the NRTC and was also Corporate Secretary-Treasurer. He was the NRTC’s principal liaison with strategic partners, financiers and its largest customers. Steven managed business relations and legal components of manufacturing, transport, storage, insurance and delivery of various telecommunication products and services – including Direct Broadcast Satellite, broadband, high-speed Internet access and wireless operations, warranty programs, and call center support.
Mr. Berman stated that among his immediate priorities will be the continued advancement of the Company’s business model in Beijing and raising capital to meet the company’s expanding needs.
Dr. Allan Rabinoff, Executive Director of the China Wi-Max board of directors, said, “We are very fortunate to get someone with Steven’s background and abilities to join our company. This is a very challenging time and Steven will be a tremendous asset towards implementing our business plan. ”
Prior to joining China Wi-Max Communications, Mr. Berman was an advisor to and President and CEO of First Capital Surety and Trust Company (formerly Morgan Chase Trust Company) where he used his business, management, financial and legal skills to successfully turn around the $200+ million regulated bank and trust company. The company was re-established as a leader in its field.
Steven is an attorney admitted to the Wisconsin, Pennsylvania and District of Columbia bars. He is also a member of the American Bar Association. He received his Juris Doctorate from the University of Wisconsin Law School, Madison, Wisconsin in 1987. Prior to his corporate career he was a practicing attorney in Washington, D.C..
About China Wi-Max
China Wi-Max Communications, Inc. (CWMC) was formed to take advantage of the rapidly expanding wireless communications needs in China. The goal of China Wi-Max Communications is to become the premier provider of Wi-Max broadband technology and allied services in the Chinese market. Building on world-class technical experience and proven management skills, China Wi-Max Communications is approaching the Chinese market with the tools that experience suggests are necessary to achieve success. Complete details on China Wi-Max Communications Corporation can be found on our website:
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995.
This press release contains forward-looking statements that involve risks and uncertainties. The statements of this Summary Overview are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results, events and performances could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause China Wi-Max Communications’ actual results, expressed or implied, to differ materially from expected results. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making an investment decision.