Sino Fibre Appoints New CEO
Thursday April 24, 2008 7:00 am ET.
Sino Fibre Communications, Inc. (OTCBB:SFBE) announced that the Board of Directors has replaced Chief Executive Officer Ben Yan with Daniel Mckinney, a Co-Founder of the Company.
Daniel Mckinney brings a wealth of experience to Sino Fibre nurturing numerous early stage and start-up companies as the Chief Executive Officer. Mckinney, based in Hong Kong, has been involved with both private and publicly held firms in Asia for the last 29 years. McKinney has an impressive record as a principal and founder of more than 20 businesses. He has led numerous technology transfer agreements in Asia in the fields of IT, technology, software, promotional exhibitions, jewelry and gems manufacturing, as well as construction and investment banking.
Mckinney's immediate goals for Sino Fibre are to complete the CASME joint venture transaction previously announced and the acquisition of the majority interest of a telecom company in China within the next 6 months, as well as to complete all the financing requirements of Sino Fibre.
Mckinney commented: "Sino Fibre aims to be one of the premier telco companies operating in China. China's growth has been phenomenal and we believe, along with many others, that China is destined to become the world's largest telecoms market within the next 10 years."
About Sino Fibre:
Sino Fibre Communications, Inc. (``Sino Fibre'') is an open source company dedicated to provide international standard fiber optic backbone telecommunications transmission related sales and/or leasing services in China to all foreign telecommunications carriers and corporate users. Sino Fibre Communications is positioned to become China's premier provider of low cost fiber optical solutions to international telecommunication companies and large corporations that require Chinese intercity connectivity. Our low cost solutions range from the leasing of intercity dark fiber to providing co-location, broadband transport and IP-centric voice services.
The Sino Fibre Communications Corporation logo is available athttp://www.primenewswire.com/newsroom/prs/?pkgid=4102
Statements, which are not historical facts, are forward-looking statements. The Company, through its management makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessary estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors, factors which could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company's public announcements.
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