FORT LAUDERDALE, FL — (Marketwired) — 07/22/13 — FONU2, Inc. (OTCQB: FONU) (OTCBB: FONU) today announced that it has created two new subsidiaries and appointed Roger F. Miguel as Chief Operating Officer (COO).
In preparation for launching its social media ecommerce business, FONU2, Inc. has created two wholly owned subsidiaries: Zaldiva, the Comics and Collectibles business which has been operating since 1999: and FONU2 CCN which is the Social Media eCommerce company preparing to launch this fall.
Roger Miguel joins FONU2 with over 30 years of senior management experience in the Information Technology Services industry where he held positions of increasing responsibility for some of the world-s largest Information Technology Services and Outsourcing companies including EDS/HP, Computer Science Corporation and Xerox Business Services.
In his new role, Mr. Miguel is responsible for all corporate and administrative functions for FONU2 CCN including sales, marketing, contract negotiations and running the day-to-day operations. Mr. Miguel will work in partnership with Jeffrey Pollitt, Founder and President of Product Development, to ensure the successful launch and rapid long-term growth of FONU2.
“Roger brings a wealth of management experience and will provide day-to-day leadership to FONU2, and help building a great company. Roger-s value to the company success lies in his ability to measure effectiveness and optimize all processes both internal and external,” said Robert Lees, FONU2, Inc. CEO.
About FONU2, Inc.:
FONU2 is a social networking ecommerce company that provides a precision mobile sales and marketing platform that functions like an order reservations and booking system. Members via their mobile phones and computers list, buy, sell, trade services and items locally in any neighborhood anywhere in the world; and are paid with the FONU2 end-to-end mobile phone payment card system.
This press release contains “forward-looking statements.” Although the forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by us in our reports filed with the Securities and Exchange Commission, including the risk factors that attempt to advise interested parties of the risks that may affect our business, financial condition, results of operation and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
FONU2, Inc.
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