CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Digital Development Partners, Inc. (OTCBB:DGDM) is pleased to announce the appointment of William E. Sluss, as Chief Financial Officer.
Bill has 20 years experience providing financial, operational and managerial expertise for companies in both the private and public sectors. His background includes experience in the banking, manufacturing, nuclear and logistics industries. Throughout his career he has held various executive positions including Chief Financial Officer (CFO). He has extensive SEC experience including the successful IPO of Heritage Federal Bank, FSB (NYSE) located in Kingsport TN. Bill joined the bank immediately after graduating college in 1990 as an internal auditor. Bill’s hard work and attention to detail quickly caught the attention of senior management at the bank who promoted him to Director of Internal Audit and later to Controller and Treasurer. Bill and the executive team took the bank public and later successfully sold the bank to a larger regional bank which resulted in a significant return for the company’s shareholders.
Bill’s experience after the sale of the bank includes 4 years with Quebecor Printing, one of the world’s largest printers of bibles and text books, and 2 years with Flour City International, a publically traded (Nasdaq) construction/manufacturing company.
In 2002, Bill joined Studsvik, Inc. as its Chief Financial Officer for the US operations. Studsvik is a publically traded nuclear service company (Stockholm Exchange) headquartered in Stockholm, Sweden. In 2006, Bill added to his M&A experience by leading the Studsvik M&A team in the successful acquisition of R.A.C.E., another nuclear service company located in Memphis TN. After the acquisition of R.A.C.E. Bill successfully integrated the Memphis operations with the corporate offices located in Erwin, TN. Bill also served on the Board of Directors of Studsvik Logistics.
Bill has gained extensive experience with IFRS over his career while working for several international companies. In addition, he has worked closely with the world's largest accounting firms KPMG and Price Waterhouse Coopers, throughout his career serving as the main contact with these firms. Bill also has extensive experience with the COSO framework and SOX compliance.
Bill received a Bachelor of Science Degree in Accounting from the University of Virginia’s College at Wise in 1990 and became a licensed Certified Public Accountant (CPA) in the same year.
Jack Qin, Chairman and CEO stated, “I believe Bill will prove to be a significant contributor to our team and will greatly assist Digital in reaching its goals for 2011 and beyond.” Qin went on to say, “Bill’s expertise will be much appreciated as we further expand our line of products in Asia and North America while continuing to execute on our business plan.”
About Digital Development Partners:
DDP is a mobile enterprise software application company specializing in personalized and innovated go-to-market strategies with a unique business model which includes manufacturing, servicing and distributing a full line of specialized PDA technologies throughout China and Southeast Asia. Digital Development Partners, through an exclusive agreement with EFT International Ltd., a wholly owned subsidiary of EFT Holdings Inc., owns the worldwide manufacturing, distribution and servicing rights to the EFT mobile ephone, offered to EFT's base of approximately one million registered affiliates. The mobile enterprise applications programmed into a line of Digital Smartphones during manufacturing creates the "largest phone and smallest computer" as a new enterprise laptop alternative for direct sales employees and EFT affiliates utilizing Wi-Fi and VoIP capabilities along with other embedded mobile applications. This proprietary enterprise software application and unique platforms allow the affiliate base or any Direct Marketer to access their back office for training, recruiting, educating and sales order entry. With the personalized software platforms we provide a unique application for the EFT affiliates to access their Funds Management Account whereby the affiliate has secure access to deposit funds, make additional purchases, transfer money to other affiliate accounts and withdraw earned commission.
Disclaimer:
This release may contain forward-looking statements. Investors are encouraged to carefully review regulatory filings prior to investment consideration. Past performance is no guarantee of future success or that there cannot be business interruption. The Company is in a rapid growth sector that may or may not continue to grow in the future and therefore poses risks that may be different than other investments. Management regularly provides news and additional information believed to be true and accurate at the time of dissemination but has no requirement to modify, comment or change in the future should circumstances change or information prove to be inaccurate for any reason. Additionally, the Company makes every effort to comply with all applicable law and regulatory concerns but cannot assure investors of any material changes outside of their best efforts. This release does not contain investment advice nor any recommendations to purchase or sell any securities. Consult with your investment professional before making any investments into any securities.
For Investor Information Please Contact Edward Carter 626-581-3335 or email at ecarter@digitaldevelopmentpartners.com