SOURCE: Precious Metals Exchange Corp

April 17, 2009 11:36 ET

Precious Metals Exchange Corp. Appoints Mark Ussery as Vice President and Director

DALLAS, TX--(Marketwire - April 17, 2009) - Precious Metals Exchange Corp. (PINKSHEETS: PRMX) announced today the Company has appointed Mark Ussery as Vice President and a Director of the Company.

Mr. Ussery holds a B.S. degree in Geology from Southern Methodist University. From 1970 to 1979, he was Vice President of Sales for Ussery Printing, Inc., a family-owned, Dallas-based printing company. From 1979 to 2004, he owned and operated Adams Printing and Packing, Inc., a Dallas-based manufacturer of point of purchase displays and visual packaging. From 2005 to present, he has worked as a Business Development Consultant, providing business structure and operations advice, and corporate mission sharpening services. His clients include Combustion Media, HoteleGuide, The Tracking Corporation, Automotive Software Design, and Trans-Global Communications. From 1981 to present, he has been a Director and is now a Director Emeritus of the Dallas Children's Charity benefiting children in the DFW area.

Garrett Vogel, President of Precious Metals Exchange Corp., stated, "The appointment of Mark as Vice President and a Director is a natural fit for our company. Mark brings with him over 35 years of experience in direct mail marketing and printing experience, which our business model utilizes daily. Our core mail-out product, the 'Priority Gold Kit' will be requested by consumers nationwide and sent back to us at our processing facility via direct mail. His experience will help us cut production costs associated with both printing and mailing of the Priority Gold Kits and streamline solutions for managing this component of our business which will assist in increasing the Company's profitability."

Precious Metals Exchange Corp. operates in the precious metals refining and recycling sector of the precious metals industry. The Company provides a convenient, secure and efficient method for customers to sell items containing precious metals. Targeted direct marketing is used to identify potential customers, and a highly automated fulfillment process to ensure their satisfaction through high payouts and quick service. The Company recycles customers' broken or unwanted jewelry and other items for gold, platinum and silver content, avoiding the risks and environmental costs of mining. For more corporate information, please visit www.preciousmetalsexchangecorp.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including the fourth quarter revenue and future growth. Additionally, words such as "seek," intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the future U.S. and global economies and the impact of competition. Precious Metals Exchange Corp. does not undertake any duty nor does it intend to update the results of these forward-looking statements.

For further information on Precious Metals Exchange Corp., please view www.pmecusa.com.

Contact Information

  • Investor Relations Contact:
    The Eversull Group, Inc.
    Jack Eversull
    972-378-7917
    972-378-7981 (fax)
    Email Contact