SOURCE: Viva International, Inc.

August 03, 2006 08:07 ET

Dominguez Takes Helm at Viva International, Inc.

TRAVERSE CITY, MI -- (MARKET WIRE) -- August 3, 2006 -- Viva International, Inc. (OTCBB: VIVI) announced this morning that Rudy Dominguez has accepted appointment as the Company's Chief Executive Officer and has also been elected as the Company's Chairman of the Board of Directors. Mr. Dominguez is also the Company's President and Chief Operating Officer. Mr. Dominguez replaces Robert J. Scott who has agreed to remain the Company's Chief Financial Officer, Secretary/Treasurer.

Rudy Dominguez commented about his appointment, "I thank Mr. Scott for his support and confidence in me and am truly pleased to be taking the helm. In my opinion, Mr. Scott's previous performance and that of the previous management group along with the outside consultants allows me to take this position without reservation. I know that Viva is far enough along in several transactions and projects that I will be able to bring them to completion and move the organization and its subsidiaries to meet the projections of our business plan and generate value to our shareholders. While this appointment came up rather suddenly, I am prepared for the challenges that await and am anxious to build my management team. I asked Mr. Scott, and he thankfully accepted to be part of my team and will continue to work with me."

Robert Scott, citing personal reasons and his health concerns for making this change at this time stated, "I have always maintained that our plan to build a strong enterprise of aviation interests in the Caribbean was solid. It was also my intention to at some day turn over the management of the Company to executives, such as Rudy, who possess a combination of industry experience and bottom line responsibility. Rudy Dominguez is an outstanding individual possessing a remarkable work ethic and an uncompromising commitment to excellence. I am extremely pleased that Rudy has agreed to be the Company's Chief Executive Officer and to lead our Board of Directors."

About Viva International

Viva International has a number of airline and aviation-related interests including two developmental-stage carriers being readied to operate in regional markets from hubs in Puerto Rico and Santo Domingo, Dominican Republic.

The Company plans to create a network of regionally based airlines across the Caribbean, eventually to be linked to key points in the United States, Latin America, South America, and Europe.

At present, the Company maintains executive offices in Michigan.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("the Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements which are based upon certain assumptions and describe future plans, strategies and expectations, are generally identifiable by the use of words as "believe", "expect", "intend", "anticipate", "project", or other similar expressions. These forward-looking statements relate to, among other things, future performance, and perceived opportunities in the market and statements regarding the Company's mission and vision. The Company's actual results, performance and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. Further information on potential factors that could affect Viva International, Inc. is found in the Company's Form 10-K and other documents filed with the U. S. Securities and Exchange Commission.

Contact Information

  • Contact:
    Viva International, Inc.
    (231) 932-7490

    Christina Hanneman
    Investor Relations