SOURCE: ALAS International Holdings, Inc.

October 19, 2012 12:11 ET

ALAS International Holdings, Inc. aka PV Enterprises International, Inc. Hires New Chief Financial Officer

FORT LAUDERDALE, FL--(Marketwire - Oct 19, 2012) - ALAS aka PVE International Holdings, Inc. (PINKSHEETS: VDSC) hired a new Chief Financial Officer Mark Corrao. Mr. Corrao brings to ALAS International Holdings, Inc. over thirty years of experience in the financial and accounting areas. Mr. Corrao has spent years in the Public Accounting arena specializing in certified auditing, SEC accounting, corporate taxation and financial planning.

Prior to joining ALAS International Holdings, Inc., he was the Chief Financial Officer for Business Efficiency Experts, Inc., an accounting and consulting firm specializing in IPOs, reverse mergers and raising capital for small to medium size companies. 

Mr. Corrao's background also includes serving as CFO for several public and private companies. He was involved in numerous IPOs and has been a guiding influence in several startup companies. He has also worked on Wall Street as Internal Auditor and Controller with such prestigious firms as Spear Leeds & Kellogg and Greenfield Arbitrage Partners. Mark has a B.S. in public accounting from CUNY.

Additionally, the company has met with several financing groups in Europe and Latin American to discuss financing opportunities related to M/V Ocean Star Pacific and M/V Nissos Rodos. The company is also in discussion with other cruise and ferry owners and operators in Greece and elsewhere to commence operations in the south Caribbean Islands.

In closing, the team at PVE International has been working tirelessly to complete our objectives. We are making progress and expect that we will be able to successfully execute on our plans. 

About ALAS aka PV Enterprises International

ALAS aka PV Enterprises International (PINKSHEETS: VDSC) is a ship management company involved in the development of passenger vessel, ferry and cruise opportunities worldwide. The company is currently looking at several opportunities in Latin American.

All statements contained in this press release, other than statements of historical fact, are forward-looking statements, including those regarding: guidance on our future financial results and other projections or measures of our future performance; market opportunities and our ability to capitalize on them; the benefits expected from new or updated products or services and from other potential sources of additional revenue; and the impact of management and organizational changes. These statements speak only as of the date of this press release, are based on our current plans and expectations, and involve risks and uncertainties that could cause actual future events or results to be different than those described in or implied by such forward-looking statements. These risks and uncertainties include those relating to: market acceptance of our products and services; our relationships with customers and strategic partners; our ability to attract and retain qualified senior management and other personnel; and changes in economic, political or regulatory conditions or other trends affecting the healthcare, Internet and information technology industries. Further information about these matters can be found in our Securities and Exchange Commission filings. Except as required by applicable law or regulation, we do not undertake any obligation to update our forward-looking statements to reflect future events or circumstances.

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  • ALAS International Holdings, Inc.
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