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Explorations Group, Inc. (EXGI.OB) Appoints Robert McCann as New President and CEO

Source: http://Blog.QualityStocks.net/?p=15423
Posted on Friday, May 29th, 2009 | In Market Commentary, Small & Micro Cap
Contributed by: QualityStocks (http://QualityStocks.net) -

Explorations Group, Inc., a provider of biometrically based security solutions, recently announced the appointment of Robert E. McCann III as their new President and CEO. Upon the appointment of Mr. McCann, the company’s previous President, David Coriaty, became their Executive Chairman.

From January 2008 to May 2009, Mr. McCann served as Chairman and Chief Executive Officer of Revolution Forward Consulting Group, a business transformation consulting company. Prior to that position, McCann worked on Wall Street for 14 years as a licensed broker, Investment Advisor Representative, and General Securities Principal. Additionally, Mr. McCann served as a Board Member of a NASDAQ listed public company. He is also a member of the National Association of Corporate Directors and The Alternative Board. Over the last decade, various companies have sought his strategic advice concerning turnaround situations and new product integrations.

“The opportunity to guide and lead this technology rich company into a world class corporate organization that places tremendous value on its people, products and customers is an incredible and humbling opportunity,” said McCann. “By seizing opportunities afforded in the current economic backdrop, I fully intend to take a page out of Tom Watson Jr.’s playbook when he assumed control of IBM in 1952 and set the company on a course that, by most accounts, resulted in IBM becoming the dominate market leader for the next several decades. With this mindset, our Company is being positioned to become a powerful leader in the biometrically based security and control systems market through its businesses in the telematic, security and lighting industries.”

David Coriaty, Chairman of Explorations Group, Inc, stated, “We are excited to have Robert join the Company. With the leadership skills that he possesses and his commitment to expand upon our existing business model, I am confident that Robert will have a significant impact on the future growth and success of our Company.”

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