SOURCE: American Seniors Association Holding Group, Inc.

American Seniors Association Holding Group, Inc.

October 16, 2012 10:08 ET

American Seniors Association Announces New Chief Financial Officer Jim Shields

ALPHARETTA, GA--(Marketwire - Oct 16, 2012) - American Seniors Association Holding Group, Inc. (PINKSHEETS: AMSA) today announced the appointment of Jim Shields as ASA's Chief Financial Officer. Mr. Shields brings more than 24 years of financial experience to his new role.

"I am excited to work with Mr. Shields," Phil Kent, ASA's CEO, said. "Many exciting development opportunities are on the horizon at American Seniors Association and we believe that, with the solid background and leadership Mr. Shields brings to our team, he will be well prepared to contribute substantially to setting clear expectations, driving functional excellence and work the levers to ensure profitable growth."

Mr. Shields has extensive financial and tax experience with a deep understanding of current rules and regulations relating to new and existing accounting pronouncements with particular focus on those impacting the real estate, manufacturing and distribution, initial startup companies, retail franchise, hospitality and professional service industries.

Mr. Shields earned a Bachelor of Science in Business Administration from Auburn University and is a Certified Public Accountant. He is a member of the American Institute of Certified Accountants and served on the Board of directors as President for Auburn University School of Accountancy Advisory Board from 2001/ 2004. 

About American Seniors Association
The American Seniors Association works hard to fulfill its mission to provide seniors with the choices, information, and services they need to live healthier, wealthier lives. We offer our members better choices to help with Medicare insurance, prescription discounts, travel services, auto club services, and all the services that seniors value.

To learn more, visit: www.americanseniors.org.

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Information in this news release may contain statements about future expectations, plans, prospects or performance of American Seniors Association Holding Group, Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. American Seniors Association Holding Group, Inc. cautions you that any forward-looking information provided by or on behalf of American Seniors Association Holding Group, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. American Seniors Association Holding Group, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond American Seniors Association Holding Group, Inc.'s control. In addition to those discussed in American Seniors Association Holding Group, Inc.'s press releases, public filings, and statements by American Seniors Association Holding Group, Inc.'s management, including, but not limited to, American Seniors Association Holding Group, Inc.'s estimate of the sufficiency of its existing capital resources, American Seniors Association Holding Group, Inc.'s ability to raise additional capital to fund future operations, American Seniors Association Holding Group, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match American Seniors Association Holding Group, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. American Seniors Association Holding Group, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

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