WASHINGTON, Aug. 13, 2012 /PRNewswire/ -- HPC POS System Corporation (OTCQB: HPCS) (PINKSHEETS: HPCS), a global manufacturer and distributor of high quality incense and oils, announces today that Fred Schiemann, CPA, has been appointed to the Board of Directors and will lead the company as its new President. Mr. Schiemann will oversee all financial management, business development, corporate and investor relations of the company. Mr. Schiemann graduated with a Bachelors of Science degree from the University of Illinois in 1973 with honors and distinction in accounting. He obtained a Masters in Taxation degree from Golden Gate University in 1982 and has many years of experience as a corporate executive and Certified Public Accountant working with numerous public companies.
Fred Schiemann states, "I am looking forward to the corporate management and development of HPC. My 30 plus years' experience in managing public companies, mergers and acquisitions and financing of companies will be utilized in my new position. The company has great potential with its current business and future opportunities. With the restructuring of its financing and the infusion of new capital into the company, I believe HPC is positioned to bring substantial revenues into the company from its existing business, resulting in profitable operations and cash flows, thus enhancing shareholder value. My responsibilities will include overseeing the financing, capitalization of the company, assisting in operations, reviewing potential mergers and acquisitions, investor relations and other corporate functions. There are many positive developments about this company that we have yet to share and maximize. Our shareholders and customers are our number one concern and we will deliver high quality products, services and professionalism that they expect."
HPC POS System Corporation is committed to delivering quality products to our distributors and through the corporate leadership of new President Fred Schiemann, CPA, will provide timely information to our shareholders regarding investment relations, product and business development. Please contact Mr. Schiemann directly at: [email protected].
SOURCE HPC POS System Corporation