Saturday, February 25, 2012

Intermost Corporation appointed new Chief Operating Officer.

Intermost Corporation (OTC Bulletin Board: IMOT, filed an application to change its name to Uni Core Holdings Corporation, and referred as "UCHC"), as an aggressive 'company doctor' and 'incubator' of mid- to large-size companies in China which is devoted to assisting companies with potential to grow as a leader in the respective industry, is pleased to announce the appointment of Mr. Thomas Lee as the Chief Operating Officer of the Company by the Board retroactive from November 18, 2009. Mr. Lee also holds the position of Chief Financial Officer and Company Secretary.

Mr. Thomas Lee is a fellow member of the Association of Taxation & Management Accountants of Australia, the Faculty of Secretaries & Administrators of Britain, and the British Institute of Management. He has more than 30 years of experience in financial management and held senior management positions in multinational companies of various industries, including public relations, advertising, communications technology, investment, construction, production, and securities, etc. Mr. Lee was the Chief Financial Officer of Burson-Marsteller Asia Pacific, Euro RSCG Ball Partnership, and J.D. Edwards in the period of 1974 to 1996.

"Mr. Thomas Lee joined Intermost Corporation as Chief Financial Officer from March 2007. With his involvement and advice, we managed to resolve all historical problems and transformed our business nature to act as 'company doctor' and 'incubator' to groom potential industry leaders. With this new appointment by the Board, Mr. Lee is not only responsible for day to day operation and financial management, but also the identification of merger and acquisition targets as well as potential incubation projects. Mr. Lee's wealth of experience in operation and financial management will no doubt lead us to explore and identify more potential targets that are worthy of our incubation efforts and can be nurtured as real industry leaders in China -- the emerging country with the highest potential," stated Mr. James Wu, Chief Executive Officer of Intermost Corporation, who is fully confident of both Mr. Lee's management capability and the success of the new business.

About Intermost Corporation (with plans to change its name to Uni Core Holdings Corporation)

Founded in the USA in September 1998, Intermost Corporation was the first Chinese Internet company listed on the US OTC Bulletin Board (stock symbol: IMOT) in December 1998. Intermost Corporation (with plans to change its name to Uni Core Holdings Corporation) has evolved into a 'company doctor' and 'incubator' of mid- to large-size companies that have good potential and profitable products in the market which are desperate for help from experts who can help them grow by assisting them in obtaining public or private financing in China, including company diagnosis services; consulting services; mergers and acquisitions; incubating; raise funds or financing; assistance to get public listing for mid- to large-size companies, etc.

Keywords: Advertising, Asia, China, Intermost Corporation, Investment, Finance, Financial, Investing, Mergers, Acquisitions, Technology.

This article was prepared by China Weekly News editors from staff and other reports. Copyright 2009, China Weekly News via VerticalNews.com.

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