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Change of Management:
SALT LAKE CITY – November 10, 2006 – Klever Marketing, Inc. (“The Company”) announces today the interim part-time Employment Agreement between the Company and Mr. John L. Hastings, III who will act as the Company’s Interim President and Chief Executive Officer (CEO) and an Employment Agreement between the Company and Bernadette Suckel who will act as a part-time Interim Chief Operating Officer (COO).
Both Mr. Hastings and Ms. Suckel were designated as interim part-time officers for a five month period with anticipation the Company and each of these officers would enter into a more extended employment contract at the end of this initial interim term on March 31, 2007.
Both officers have agreed to devote not less than 20-25 hours per week during the interim employment period ending March 31, 2007. Mr. John Zaccheo, who has been serving as the interim President, is resigning effective upon the announcement of these Employment Agreements, but will continue with the Company as a member of its Board of Directors. Both Mr. Hastings and Ms. Suckel were also appointed to the Board of Directors as part of the Employment Agreement to serve concurrently with their employment agreement as officers, or until otherwise regularly elected to the Board of Directors.
Both Mr. Hastings and Ms. Suckel have been charged with general administrative responsibilities and duties for the Company consistent with their office and as otherwise generally prescribed by the By-Laws of the Company. In addition, the Board of Directors asked them to specifically focus upon securing the Company’s patent rights and positions, working with legal counsel and other advisors in the raising of capital consistent with securities laws and regulations and to renegotiate and revise a present inactive joint venture agreement with Fujitsu Electronics, Inc. for the opening and operation of the Company’s demonstration stores using its automated pricing and check-out proprietary systems.
Following is a brief business biographical description of each of the new officers described above:
MR. JOHN L. HASTING, III, AGE 43.
Mr. Hastings has served as a Senior Vice President and General Manager of VNU-AC Nielsen Company from 1998 to the June 2006. VNU-AC Nielsen is a multinational business research and market intelligence firm having its principal US place of business in Illinois and Global Headquarters in New York. Prior to this position, Mr. Hastings has served in Executive and management positions with Cogit.com Corporation, Unisys Corporation, NCRT/Teradata, Kraft Foods/All American Gourmet Company and Nestle-Stouffer’s. Mr. Hastings holds a BA degree from California State at Fullerton awarded in 1985 and an MBA degree earned in 1987 from Pepperdine University, Malibu Ca. He has lived overseas for 5 years and has worked in 29 countries.
MS. BERNADETTE SUCKEL, AGE 50.
Ms. Suckel has served as a Vice President at VNU-AC AC Nielsen since 2000 to the present. Ms. Suckel was the General Manager of Consumer Goods Manufacturing and Distribution at Cogit.com, a start-up internet targeted marketing solution company from 1997 to 2000. Prior to this association, Ms. Suckel held multiple executive and consultative sales & marketing management positions with NCR/Teradata from 1979 to 1997, including Director of U.S. Food and Drug Marketing from 1990 to 1993. Ms. Suckel holds a B.S. degree from California State University at Fresno awarded in 1978.
The full text of this notice was published with the U.S. Securities and Exchange Commission on Form 8-K, dated November 10, 2006. |
Contact Us Phone: 801.263.0404 Email: kleverkart@ qwest.net |