SaVi Media Group Appoints New Chief Financial Officer
ANAHEIM, Calif.--May 3, 2005--SaVi Media Group, Inc. (OTCBB: SVMI) today announced the appointment of George Hukriede CPA as the Company's new Chief Financial Officer replacing Dr. Kathy Procopio. Mr. Hukriede's responsibilities will include the oversight of management accounting, external financial reporting, SEC compliance, financial planning and analysis and taxation.Prior to joining SaVi Media Group, Inc., Hukriede, a Certified Public Accountant since 1971, was a managing partner for Hukriede, Walsh & Associates. He has also served as controller of Marshburn Farms Corp. where he was responsible for accounting, finance and risk management. He has also held various leadership and corporate accounting positions. Mr. Hukriede became a "Personal Financial Specialist" and in 1993 joined the Institute of Business Appraisers before achieving "Reserve Specialist" status with the Community Association Institute in 1998.
Dr. Mario Procopio, President of SaVi Media, stated, "We are thrilled to have a seasoned financial professional such as Mr. Hukriede join our executive management team. George possesses decades of accounting experience as a CPA and controller and holds the highest credentials in his field. His diverse experience ranging from owning a small consulting firm to being a controller of a large organization will provide the leadership and skill set that SaVi Media needs as an organization poised for tremendous short and long term growth."
SaVi Media Group, Inc. is the catalyst of today's industry in blow-by gas and crankcase engine emission reduction technology. Through the development of the patented POWERVALVE ECV-1 and COREC System, the SaVi Media Group has revolutionized engine competence by increasing horsepower and fuel efficiency while reducing air pollutants and operation costs.
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.