Friday, June 3, 2011

Itonis Inc. (ITNS) is “One to Watch”

Headquartered in Irvine, California, Itonis Inc. operates as a holding company. They were incorporated in the state of Nevada on July 5, 2005 under the name of Kenshou, Inc. Later, the Company changed their corporate name to Itonis, Inc. on December 2, 2005.

Itonis Inc. is undergoing a transformation this year. They are embarking on an aggressive plan to acquire high growth entrepreneurial companies that have established, or are expected to establish, themselves as leaders and/or successful enterprises in diverse market niches.

The Company’s incoming management team brings decades of experience as successful business leaders and entrepreneurs. Their commitment is to the planned vision of acquiring small companies with high growth potential.

Last month, Itonis, Inc. announced changes in their direction and the formation of a newly appointed executive management team. Their newly formed executive team consists of Mark Cheung (CEO/President), Stephen R. Pidliskey Jr. (Vice President/Secretary), and Donald L. Jolly, Ph.D. (CFO/Treasurer).

Mr. Mark Cheung has more than 20 years of business law and entrepreneurial experience. He has served on the Board of Directors of several not-for-profit organizations. With them, Mr. Cheung had oversight of operation and budgetary matters. He is also an adjunct professor at the Chapman University School of Law; he has published scholarly articles in the law.

Mr. Stephen R. Pidliskey Jr. has more than 32 years of general business and management experience. He worked for a Fortune 100 company in the Information Technology Industry. He has held many leadership positions within the industry for more than25 years. Mr. Pidliskey has broad knowledge of business re-engineering and organization consolidation practices.

Dr. Donald L. Jolly, Ph.D. has more than 20 years experience in the Finance Industry. He has held many executive positions within the banking community. These ranged from the Vice President of Marketing to the President/CEO of several California banks.

With these announcements in May, Mr. Mark Cheung, CEO/President, commented, “Together, our team brings over 70+ years of industry experience within the business, banking and legal professions. We are well positioned to bring the Company to new heights of accomplishments, and today’s announcements mark the start of a new beginning for Itonis. I’m excited to be here and I look forward to delivering Company growth and value to our shareholders. Stay tuned for future developments.”

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