Turning Pennies into dollars: (OTCBB: AEPW), (OTCBB: FNDM),(PINKSHEETS: EXTF).
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Asia Electrical Power International Group, Inc. (OTCBB: AEPW) ("Asia Electrical")(March 13, 2008), a leading manufacturer of secondary electrical power systems in China, earlier yesterday announced plans to open 45 new sales offices in 20 cities across China. The Company expects to have all 45 offices operational by the end of the first quarter.
Each office will initially employ three sales agents, with at least one having technical expertise. This move is part of Asia Electrical's growth strategy to expand its domestic market share in China.
"We are looking forward to having all of our new sales outlets operational," commented Yulong Guo, Asia Electrical Power's Chairman and Chief Executive Officer. "We have always known that demand is high for our products in many different provinces in China and having recently increased our manufacturing capacity to be able to fulfill this demand, we are now in a position to aggressively enter each market." If you would like to be added to Asia Electrical's investor email list, please contact Zack Noory with Nexus Investor Relations at znoory@nexusir-online.com.
About Asia Electrical Power
Asia Electrical Power International Group, Inc., through its wholly owned subsidiary Asia Electrical Power Co. Ltd., is a leading manufacturer of secondary electrical power systems in China. The Company is a high technology enterprise dedicated to manufacturing the finest components in secondary electrical power systems, such as cabinet-type electric substations, outdoor switching-mechanisms, cable feeder pillars and switching elements, and to becoming a leading global player in the sales of high, medium and low voltage, complete-set equipment. The Company has a proven track record of robust growth and a promising outlook for substantial earnings growth through expanded market penetration as well as investment in the exploding electrical power industry sector throughout China, elsewhere in Asia and beyond to the Americas. For additional information, please visit www.asiaelectricalpower.com.
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Fund.com Inc. (www.fund.com) (OTCBB: FNDM)(March 13, 2008), an Institutional and Consumer financial services company focused on the $22.6 trillion investment fund market, announced yesterday the appointment of Philip Gentile as Chief Operating Officer, effective immediately. Mr. Gentile has over twenty-five years of experience in the financial services and securities industry and joins Fund.com from Morgan Stanley, where he served in the Global Wealth Management Group managing technology vendors to the bank. Prior to Morgan Stanley, Mr. Gentile was Vice President Business Operations and Development at Standard & Poor's, Inc., a subsidiary of McGraw-Hill.
Mr. Gentile's appointment comes after the appointment of Greg Webster, formerly with HSBC, as President and the January appointment of Ray Lang as CEO, formerly with BNY Capital Markets, a subsidiary of Bank of New York, the $1 trillion U.S. bank.
"Phil has the specialized know-how to bring large scale technology projects together, especially for financial services implementations," said Ray Lang, CEO of Fund.com. "Fund.com needs his skills and leadership to help Fund.com accomplish its goal to simplify an incredibly fragmented market for financial information and make it available online at www.fund.com." "There is endless data available online about investments that can be daunting for individual investors. I have the background to assist Fund.com to achieve its mission in aggregating and simplifying financial data in order to empower individual investors," said Mr. Gentile.
In addition to working at top-tier financial firms, Mr. Gentile has also owned and operated his own businesses, including CyberVestors where he developed a marketing newsletter for a small brokerage firm utilizing Earnings Surprise as a method to identify equities for investments by individual investors. In the prior years, Mr. Gentile was a Senior Vice President and co-founder of Global Information Technologies, a redistributor of online services to broker & money management firms providing aggregation, research and reporting on exchange traded equities.
He started his career as Vice President Equity Research for Shearson Lehman Brothers where he managed the product development for an institutional service, FINSTAT, which provided research, analysis, back-testing and reporting for exchange-traded equities and mutual funds.
Mr. Gentile received a B.S. from Manhattan College majoring in Quantitative Analysis and Economics. He also attended Pace University's MBA Finance Program.
About Fund.com
Fund.com Inc. (www.fund.com) (OTCBB: FNDM) is a financial services information publisher focused on the $22.6 trillion investment fund market. As an online media company, Fund.com is establishing a destination website of personal finance channels, including mutual funds, hedge funds, money market funds, exchange traded funds (ETFs), closed end funds, commodity funds and other types of pooled investment vehicles. Our mission is to provide investment information on both traditional and leading edge products to a new generation of investors. We seek to generate pay-for-performance online advertising revenue by connecting motivated investors with financial product providers.
For product providers (e.g., ETF issuers), we offer asset-based licensing agreements for our Index content, including the proprietary EQUITIES Hedge Fund Index, earning recurring fees as a percentage of Indexed assets under management. Our online lead generation is highly complementary to our licensing business by assisting the growth of index-linked assets of our clients. Our affiliation with a print platform established in 1951 assists in making us an authoritative source of investment information and an effective online advertiser.
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Extreme Fitness, Inc. (PINKSHEETS: EXTF)(March 13, 2008) announced yesterday it has recently planned special designed wrestling training machine for the Olympic Training Center in Colorado Springs, Colorado. The Olympic training center is world-renowned for having trained elite American athletes and international athletes.
Wrestlers use different muscles than the standard athletes with quick explosive hip movements. Wrestlers need a machine that is built to be able to work with these special requirements. Extreme Fitness has recently designed a wrestling specific piece of equipment that helps improve a wrestler's strength.
"This is a great machine for wrestlers helping them improve their strength," stated Vice President John Huerta.
Please visit our website: www.extremest.com
ABOUT EXTREME FITNESS INC.
I M & M Exercise Equipment, wholly owned subsidiary of Extreme Fitness, Inc., founded in 1974, manufacturing since 1983, designs, manufactures and distributes strength training and fitness equipment in the emerging exercise equipment market. Frank Huerta, with sons Tom and John, capitalized on their sophisticated machining and manufacturing skills to engineer what rapidly became established as the premier exercise equipment on the market. The trio self-engineered and designed hundreds of products and implemented manufacturing processes for all stages of development and production. High profile clients continue to demand their products and services such as the United States Olympic Training Centers, Colleges and Universities, Professional Sports Teams, Major Chain Health Clubs as well Celebrities and Professional athletes and coaches. The trio brings more than 66 years of combined experience and over 3 decades of successful business in the fitness industry.
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