Chicago IL, Sept. 07, 2022 (GLOBE NEWSWIRE) — FOMO CORP. (US OTC: FOMC) has enhanced its SMARTSolution Technologies, LP’s (“SST”) subsidiary administration group with the appointment of John Raymond to the title of Interim President including to his operational position as Head of Procurement. The transfer is a part of the Company’s transition plan for Mitchell Schwartz, Founder and CEO of SST, whose contract expires in February 2023 and can be part of FOMO’s Board of Directors.
Mr. Raymond has a long time of expertise in designing, deploying and sustaining giant audio-visual techniques for company America at Anderson’s and LaZ Boy in addition to schools and universities comparable to Bowling Green. He beforehand labored in Interior Communications, 2nd Class US Navy and as Vice President of Zaiser Communications, as Systems Manager at Chapel-Romanoff Technologies, and as Systems Manager for Lake Erie Technologies.
Said John Raymond: ““I am pleased to accept the role as Interim President, SMARTSolution Technologies, LP. Our relationship as a subsidiary of FOMO will allow us to advance our core interest in providing Audio Visual and Supplemental Systems to ever-larger market segments. Further, the synergies associated with our sister affiliate, CLEANSolution Technologies, FOMO’s clean tech division, will allow us to broaden and strengthen our market saturation. The growth potential with this relationship, as well as future acquisitions of like-companies, will position SST to be the single-source solution for educational and enterprise facilities tech, air and lighting for years to come. I appreciate this opportunity and look forward to proving the viability of this structure on an ongoing and more permanent basis. As Mr. Schwartz, CEO, SST heads toward a changing role as Brand Ambassador for the business and FOMO, I hope to maintain the high degree of customer service, employee satisfaction and vendor relationships that he built over his many years as CEO.”
Said Mitchell Schwartz, SST’s Founder and CEO: ““When I incorporated SMARTSolution Technologies, LP in 1996, I could not have imagined the professional and personal satisfaction it would bring. These intervening years have seen immense changes in the Audio-Visual Technology space. I have endeavored to maintain, with my staff, cutting-edge offerings to our client base. Our core belief; in fact, our touchstone value: “Always Strive to Provide the Smart Solution at the Smart Price” has guided our efforts over these years. SMARTSolution Technologies, LP has manifested this core perception in over 1,500 buyer websites: Ok-12 Public and Parochial Schools, Higher Education campuses, Municipal and Enterprise services and plenty of different market segments and places.
I sit up for my position evolving from CEO to Brand Ambassador for the corporate as I transfer towards retirement. I’m happy to announce the elevation of John Raymond to the place of Interim President, SST. Mr. Raymond brings 25 years of expertise within the Low Voltage contracting area. He will tackle the day-to-day administration of SST and help within the analysis of acquisition targets for FOMO. This will permit me to give attention to the dynamics introduced by way of our personal latest acquisition by FOMO.
There is immense potential for SST beneath this new possession and administration construction. With FOMO and thru our sister affiliate, CLEANSolution Technologies, we are going to proceed to broaden and improve our choices to incorporate Clean Air, Energy Efficient Lighting and Power Management. This enhancement of our product portfolio will increase our present buyer base and significantly improve our cross-selling alternatives. It is my perception that the acquisition of SST by FOMO will permit us to advance to ever-greater successes. I sit up for taking part and championing this progress as we totally have interaction the potential introduced by the acquisition of the corporate I created 25 years in the past.”
Investor Meeting September 16, 2022 in Pittsburgh, PA
Separately, FOMO will host an investor assembly at its SMARTsolution Technologies LP (https://smarterguys.com/) headquarters in Pittsburgh, PA on Friday, September 16, 2022.
Details are as follows:
SMARTsolution Technologies LP (Schwartz Building)
831 W North Ave.
Pittsburgh, PA 15233
(412) 390-0803
Main Conference Room
2:00pm – 3:00pm Management Presentations
3:00pm – 4:00pm Facility Tour, SMART Board Demonstrations
4:00pm – 6:00pm Networking Event
The occasion will likely be recorded, and supplies offered will likely be filed for Regulation FD Disclosure functions with the SEC as required by regulation. Investors are urged to attend the assembly to see the success and progress of the business firsthand. Please RSVP to [email protected].
About SMARTSolution Technologies, LP
SMARTSolution Technologies, LP (https://smarterguys.com/), a wholly-owned subsidiary of FOMO CORP., is a Pittsburgh, PA–based mostly audiovisual techniques integration firm that designs and builds presentation, teleconferencing and collaborative techniques for companies, instructional establishments and different nonprofits organizations. SST is a pacesetter in interactive show applied sciences to be used in all forms of curricula and has been offering interactive options to the training expertise marketplace for over 25 years.
About FOMO CORP.
FOMO CORP. (https://www.fomoworldwide.com/) is a publicly traded firm targeted on business incubation and acceleration. The Company invests in and advises rising firms aligned with a progress mandate. FOMO is creating direct funding and affiliations – majority- and minority-owned in addition to in three way partnership codecs – that afford targets entry to the general public markets for enlargement capital in addition to spin-out choices to grow to be their very own stand-alone public firms.
Forward Looking Statements
Statements on this press launch about our future expectations, together with with out limitation, the probability that FOMO CORP. will be capable of meet minimal gross sales expectations, achieve success and worthwhile out there, carry vital worth to FOMO CORP.’s stockholders, and leverage capital markets to execute its progress technique, represent “forward-looking statements” throughout the which means of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that time period is outlined within the Private Litigation Reform Act of 1995. Such forward-looking statements contain dangers and uncertainties and are topic to vary at any time, and our precise outcomes may differ materially from anticipated outcomes. The Company undertakes no obligation to replace or launch any revisions to those forward-looking statements to replicate occasions or circumstances after the date of this assertion or to replicate the prevalence of unanticipated occasions, besides as required by legislation. FOMO’s business technique described on this press launch is topic to innumerable dangers, most importantly, whether or not the Company is profitable in securing satisfactory financing. No data on this press launch must be construed in any type form or method as a sign of the Company’s future revenues, monetary situation, or inventory value.
FOMO Investor Contact
Investor Relations
(630) 708-0750
[email protected]
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