NEW YORK, Sept. 14, 2012 -- On August 22nd, 2012, Anoteros, Inc., (OTCBB: ANOS) a Nevada Corporation (the "Company"), appointed Mr. Charles Potter ("Mr. Potter") as Chief Executive Officer in addition to his role as President. Additionally, the Company accepted the resignation of Mr. Michael Lerma ("Mr. Lerma") from his position as a Director of the Company. Mr. Lerma will continue his service to the company as Chief Financial Officer, Secretary & Treasurer. The Company has further appointed Mr. Michael Sinnwell (Mr. Sinnwell) to serve as Chief Technology Advisor. Also effective August 22nd, 2012, the Company appointed Mr. John McConnaughy, as Chairman, Scott Neff and Robert O'Connor to the Compensation Committee and Audit Committee. These administrative changes are the first steps in the Company's planned reorganization. During the next months the Company plans to reinstitute full scale operations, execute its newly developed business plan and secure the necessary funding to achieve meaningful profitability. For more information on Anoteros Inc., please visit www.anoterosinc.com.
About Anoteros Inc.
Anoteros, Inc. (OTCBB: ANOS) has a wholly-owned subsidiary – Antero Payment Solutions, Inc. (Antero) – a dynamic consumer electronic transaction and card processing company. Antero performs the issuing and processing tasks of bank card processors, while offering a complete suite of customer support services. By owning and servicing our own branded products, we help to create additional value for clients by educating their teams in better ways to increase penetration of their markets through our online and retail networks. Antero partners with banks, card associations and networks to issue debit cards, prepaid cards, virtual cards, mobile applications, mobile wallets, ACH services and provide other gateway processing. Our products can serve all consumer markets, but are especially effective for the unbanked, under-banked and convenience type users, such as person-to-person (P2P) payments, bill pay and remote deposit capture. We have developed strong alliances with numerous financial institutions and networks.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the Safe Harbors created thereby. The Company is a development stage firm that continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
SOURCE Anoteros, Inc.