VIENNA, Va., Aug. 3 /PRNewswire-FirstCall/ -- MSSI-TeleScience International, Inc. (BULLETIN BOARD: MSSI) , a provider of long-term medical personnel, homeland security and technology services to federal, state and local government agencies as well as the private sector, announced today the appointment of Vlad Mitchev as executive consultant for finance and accounting and, effective September 15, 2004, as the company's chief financial officer.
Vlad served as chief financial officer of AllCom, Inc., a wireless telecommunications provider in Anchorage, AK. He has held executive management positions with various companies since 1993 and has also served as a finance and management consultant for a number of other companies in the U.S., including government service contractors, technology service providers and financial consulting companies. He holds a masters degree from the University of Metz, France.
MSSI President and CEO Dr. B.B. Sahay said, "We are delighted to have Vlad join our team. We are preparing for rapid growth and it is important that we have some with Vlad's experience and capabilities on board."
Vlad Mitchev received his undergraduate education and completed an M.A. in marketing and management in Bulgaria, and also has a M.B.A. degree from the University of Metz in France. He is fluent in French, Russian and Bulgarian.
An investment profile on MSSI-TeleScience International, Inc. may be found at http://www.hawkassociates.com/MSSI/profile.htm
About MSSI-TeleScience International, Inc.
MSSI-TeleScience International, Inc. is a provider of long-term medical personnel, homeland security and technology services to federal, state and local government agencies and to the private sector. The company's Medical Services Division has operations in 22 states servicing hospital and medical facilities with doctors, nurses and technicians, including long-term contracts with the U.S. Army, the U.S. Department of Health and Human Services and the State of California. The company's Technology Division provides systems integration and information technology services to the federal government as well as emergency equipment, decontamination products, vehicles, and supplies to state and local governments. The company has been named as a participant in a $1 billion IDIQ (Indefinite Delivery Indefinite Quantity) contract with the Commonwealth of Pennsylvania for homeland security equipment. MSSI-TeleScience International currently has over 200 employees and continues to grow its staff and contracts. For more information, visit the company's website at http://www.telescience.com/ .
For MSSI-TeleScience services or employment inquiries, contact Reeba Magulick at (703) 641-8890, ext. 131, email: rmagulick@telescience.com. For investor relations information contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 852-2383, email: info@hawkassociates.com. Detailed information about MSSI can be found on the website http://www.telescience.com/ . Copies of MSSI press releases, current Level II price quotes, interactive and Java stock charts and other valuable information for investors may be found on the websites http://www.hawkassociates.com/ and http://www.hawkmicrocaps.com/ .
Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. TeleScience disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, and changes in our business strategies.
MSSI-Telescience International, Inc.CONTACT: Reeba Magulick, MSSI-Telescience International, Inc.,+1-703-641-8890, ext. 131, or rmagulick@telescience.com; or InvestorRelations, Frank Hawkins or Julie Marshall, both of Hawk Associates,+1-305-852-2383, or info@hawkassociates.com, for MSSI-TelescienceInternational, Inc.
Web site: http://www.telescience.com/
