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Press Release Source: SaVi Media Group, Inc.
SaVi Media Group Announces the Appointments of General Alexander M. Haig, Jr. and Son to Serve on Advisory Board
Tuesday June 7, 8:01 am ET
ANAHEIM, Calif.--(BUSINESS WIRE)--June 7, 2005--SaVi Media Group - (OTCBB: SVMI - News) today announced the appointment of Former Secretary of State, General Alexander M. Haig, and his son, Alexander P. Haig, to the Company's Advisory Board. In addition, SaVi Media has entered into Financial Advisory Agreement with Worldwide Associates, Inc., a Washington, DC company owned and operated by General Haig. Worldwide Associates will provide advice to the Company with respect to the direction of SaVi Media's research, product development activities, corporate financing, marketing, and corporate relations.
Since 1984, General Haig has been Chairman and President of Worldwide Associates, Inc., a business advisor to both U.S. and foreign companies in connection with international marketing and venture capital activities. From January 1981 until July 1982, General Haig served as Secretary of State of the United States for the Reagan Administration. From December 1979 until January 1981, he was President and Chief Operating Officer of United Technologies Corporation and is currently a senior Consultant to such corporation. From 1974 through 1979, General Haig was the Supreme Allied Commander of NATO and previously was White House Chief of Staff under both the Nixon and Ford Administrations. General Haig was a founding director of America Online, Inc. and currently serves on the Board of Directors of MGM Mirage, Inc. and XVionics, Inc. He is also the host of a weekly television program, "World Business Review".
Alexander P. Haig has served since 1988 as the managing director of Worldwide Associate Inc. From 1992 to 1996, Mr. Haig has also served as president of US CIS Ventures, a privately held company active in transactions and projects in China and the former Soviet Union. From 1999 to 2002, he also served as Chairman and CEO of Sky Station International, Inc., a privately held telecommunications company. He has worked on a wide variety of projects for Worldwide Associates in providing strategic and financial advice to a broad range of companies from early stage through initial public offerings, including America Online Inc. He currently serves on the Board of Directors of DOR BioPharma Inc. Previously a partner in a large private law firm, Mr. Haig concentrated on international trade and corporate matters. He received his undergraduate and law degrees from Georgetown University.
Dr. Mario Procopio, Chief Executive Officer of SaVi Media, commented, "I believe that these new additions to the Advisory Board will greatly strengthen the team at SaVi Media and provide the Company with the advice and contacts necessary to advance the marketing and roll out of our technologies."
General Haig stated, "I look forward to working with SaVi Media and participating in the deployment of its patented technologies, which decrease environmental pollution while at the same time increasing fuel mileage in both gas and diesel engines. In light of today's rising fuel prices, SaVi Media's technology is a potential benefit to consumers as well as our national economic and strategic interests."
About SaVi Media Group
SaVi Media Group, Inc. creates and commercializes blow-by gas and crankcase engine emission reduction technology. They have created the first truly-simple gasoline and diesel engine emission reduction technology, allowing them to provide their clients with lower-cost, more effective and more efficient emission reduction and engine performance. With 20+ years of emissions and materials R&D behind it, the Company was formed to create, support and license a patented supplementary vehicle emissions reduction and fuel efficiency technology that can reduce emissions by up to 40% and improve efficiency 30%. Using proprietary methods and processes SAVI increases fuel efficiency at the same time decreases emissions and extends component life.
Safe Harbor Statement:
This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We use words such as "anticipate," "believe," "expect," "future," "intend," "plan," and similar expressions to identify forward-looking statements. Forward-looking statements include, without limitation, our ability to increase income streams, to grow revenue and earnings, and to obtain other Joint Ventures. These statements are only predictions and are subject to certain risks, uncertainties and assumptions, which are identified and described in the Company's public filings with the Securities and Exchange Commission.
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Contact:
SaVi Media Group, Inc.
Dr. Mario Procopio, 800-916-5420
Mario.Procopio@SaViMediaGroup.com
SaViMediaGroup.com
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