Underseas Research & Recovery Ltd.
Underseas Research & Recovery Ltd.: Underseas Extends Management And Appoints New President
Underseas Research & Recovery Ltd. / Key word(s): Change of Personnel Underseas Research & Recovery Ltd. / Tags: Internet, Radio, Internet Radio, Music, Entertainment Underseas Extends Management And Appoints New President Toronto, Canada – September 12, 2011 Underseas Research & Recovery Ltd. (‘Underseas’ or the ‘Company’), a Toronto based holding company for the European based internet radio SBN is pleased to announce the appointment of Mr. Berl Bessin MPA as the company’s new President and Member of the Board of Directors. Mr. Bessin holds a Master of Public Administration from New York University and has more than 30 years of business and management in the consumer goods industry. Berl Bessin is replacing Larry Skolnik as President of Underseas who has successfully built up Underseas business by the takeover of internet radio SBN and the listing of the company’s stock on the Frankfurt and Berlin stock exchanges in the beginning of 2011. Underseas wants to express its great thanks to Larry Skolnik for his dedicated support and personal contribution over the past months. Mr. Bessin has served as a director of one of Canada’s leading distributors with revenues over $300 million, and currently serves as a director of a Canadian company with related multinational operations in the United States, Europe, and the Middle East. In addition, he serves as an active member of the board of two privately held Canadian companies. Mr. Bessin has a successful career in international trade, having conducted profitable business in more than 36 countries around the globe. Aside from his business activities, Mr. Bessin utilizes his management expertise serving as an active member of the Boards of a number of not-for-profit institutions. These have included a leading a university, other educational institutions and currently the Board of Governors of the world renowned Mount Sinai Hospital in Toronto. Underseas and its subsidiary SBN SPA Ltd. expect to profit vastly from Mr. Bessin’s huge experience in management, innovative strategies and goal-orientated skills. With his extensive financial, organizational and marketing accomplishments, Mr. Bessin will be able to lead internet radio SBN into the projected expansion of its radio programs to satellite transmission for the European continent including the Mediterranean Sea. About Underseas Research & Recovery Ltd. Contact: Disclaimer; Forward-Looking Statements: Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. Although we believe that the beliefs, plans, expectations and intentions contained in such statements are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. This or any other statement from the company or its representatives does not constitute an offer or a solicitation of an offer for the purchase or sale of any shares or other securities of I Underseas Research & Recovery Ltd. There are substantial risks associated with investing in development stage companies. Potential investors should seek advice from a qualified financial dealer prior to investing in Underseas Research & Recovery Ltd. Language: English
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