SOURCE: Global Investor Services, Inc.

March 03, 2011 09:41 ET

Global Investor Services, Inc. Appoints New Board Member

NEW YORK, NY--(Marketwire - March 3, 2011) - Global Investor Services, Inc. (OTCBB: GISV) (the "Company"), a leading provider of on-line financial education and analysis tools, is pleased to announce that Jeffrey R. Freedman has been appointed to the Company's Board of Directors.

Mr. Freedman was nominated by Wealth Engineering, LLC ("Wealth Engineering"), a strategic marketing and advisory partner to the Company. Wealth Engineering was entitled to nominate a board member to the Company's Board of Directors under a provision of their Marketing Agreement executed on September 23, 2010.

Jeffrey Freedman is currently the Vice President of Corporate Development for SulphCo Inc., a position he has held since February 2009. Mr. Freedman served on the Board of Directors of Allis-Chalmers Energy, Inc. ("Allis-Chalmers") from January 2005 until April 2007, when he became Allis-Chalmers' Corporate Vice President. Mr. Freedman has held various positions with major institutional brokerage firms in equity research throughout the last 30 years. Mr. Freedman has an MBA-Finance & Accounting from New York University's Stern School of Business and a BSBA-Finance from Babson College.

Nick Maturo, CEO of Global Investor Services, Inc., commented, "Wealth Engineering has been a key resource in assisting the Company in expanding sales venues, product enhancements and marketing funding. Wealth's nomination of Jeffrey Freedman brings a valuable asset to the company's Board of Directors. Mr. Freedman's prior experience as a board member will assist us in our implementation of our strategic corporate objectives. Jeffrey brings much needed experience and guidance to our team at an important point in our aggressive plan for growth. Wealth Engineering continues to provide key resources to our company and their nomination of Jeffrey R. Freedman continues to demonstrate their commitment." 

About Global Investor Services, Inc:
Global Investor Services, Inc. provides and delivers a comprehensive on-line program of investor education through its InvestView brand, offers proprietary investor search tools and trading indicators, distributes weekly newsletters, offers access to a live "state of the art" weekly Trading Room. www.investview.com

Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements." Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

Contact Information

  • For more information, please contact:
    Global Investor Services, Inc.
    Nicholas S. Maturo
    CEO
    Tel: (212) 227-2242
    www.GISVonline.com