CANFIELD, Ohio--Aug. 13, 2001--Infotopia, Inc. (OTC BB:IFTA) ("Infotopia" or the "Company"), has named Gregory L. Kofford to the post of Chief Financial Officer. In this position, Mr. Kofford will perform financial duties and aid in the implementation of merger and acquisition strategies. Previously, Mr. Kofford was retained as a financial advisor to Infotopia through Cogent Capital Corp.
Infotopia Chairman and CEO Daniel J. Hoyng stated, "Mr. Kofford has proven he is a valuable asset to Infotopia. His knowledge of trading on a national market system has taken us to the next level. This has, and will continue to allow the Company to have access to institutional investors as well as national analyst coverage."
Ernest Zavarol, Infotopia`s President added, "With Mr. Kofford`s vast experience, we can further strengthen our accounting function and continue to build the Company`s solid infrastructure."
Mr. Kofford is a graduate of Massachusetts Institute of Technology, where he was awarded a Masters degree in Business Administration. He completed his undergraduate work at the University of Utah. He also holds Series 4, 7, 24 and 63 securities licenses. Mr. Kofford has spent much of his professional career working with investment banking firms in New York City and Fort Worth, Texas. He also owns Koffordbooks.com, a religious publishing company based in Salt Lake City, Utah.
ABOUT INFOTOPIA
The Company`s mission is to produce, market and distribute an expanding line of high-quality, innovative health, fitness and consumer products. Infotopia seeks out products that deliver superior value, outstanding quality and competitive prices to best satisfy customer demand. The Company markets its products to consumers through a variety of marketing channels, including infomercials, distributor alliances and Internet e-commerce. The management at Infotopia is committed to increasing corporate revenues and profits. The Company`s website is located at http://www.infotopia.com.
This news release includes "forward-looking statements" that include risk and uncertainties. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including without limitation, the Company`s ability to produce and market products and/or services and other risks detailed from time-to-time in the Company`s reports filed with the Securities and Exchange Commission.
CONTACT:
Infotopia, Inc.
Robert Tilton
330-702-3700
IFTPIR@infotopia.tv
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