NEW YORK and ATLANTA, Jan. 25, 2012 /PRNewswire/ -- Sibling Group Holdings, Inc. (OTCQB:SIBE) ("the Company") announced that it has expanded its executive suite with the appointment of Mr. Rob Copenhaver as CEO, succeeding Steve Carlson.
"I am very pleased to join the team already in place, and look forward to bringing to market the products and services already conceived, as well as some new and exciting offerings," said Mr. Copenhaver, who joined the Board of Directors last month. "The needs in the educational marketplace are great, and have implications in the worldwide economy. We believe we can enhance learning by leveraging the skills of the profession, and facilitating the use of proven tools, in both digital and traditional approaches."
Mr. Copenhaver, age 53, is a seasoned business executive with three decades of experience primarily leading sales, marketing, and operational teams for Internet based technology vendors. His career includes senior positions with start-ups as well as Fortune 500 organizations. He was most recently Vice President for EBIX, Inc. (EBIX:NASDAQ), a publicly traded company that provides technology solutions to the financial services industry where he was responsible for sales, marketing, product strategy, application development, system implementation, and customer support for specific divisions of EBIX. In addition to being responsible for all P&L in those divisions, he was active in the evaluation of acquisitions. He also brings experience in the area of Learning Management System (LMS) technologies. He received his Bachelors degree from Creighton University in Omaha, Nebraska in finance and accounting, as well as a Masters of Business Administration from Creighton. He resides in Atlanta, Georgia.
Mr. Carlson, age 66, who is a shareholder was a founder of NEWCO4EDUCATION, LLC, is turning the CEO reins over to Copenhaver, and will continue to be available to the Company on a consulting basis. Mr. Carlson's resignation was expected, and it will create an opening on the Board of Directors of the Company, and replacement candidates are currently being interviewed by the Board.
ABOUT SIBLING GROUP HOLDINGS:
NEWCO4EDUCATION, LLC is a recently formed entity with a focus on providing services and technology aimed at increasing the performance in educational settings. It is a wholly owned subsidiary of the Sibling Group Holdings, Inc., and intends to initially operate through two (2) divisions, its Educational Management Organization (EMO) and its Technology and Services Group (TSG). The EMO intends to provide school management services, to both public and private entities. The TSG division is focused on the educational materials marketplace, using both electronic and traditional media, and through the development and deployment of software, systems and procedures to enhance the rate of learning in the educational market. For further information please visit www.newco4education.com.
Safe Harbor: This press release may contain forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Sibling Entertainment Group Holdings, Inc. is subject to risks detailed from time to time in its publicly filed documents available at www.sec.gov. Sibling Entertainment Group Holdings, Inc. does not undertake to update any forward-looking statements that it may make to conform to actual results. All current and potential shareholders are asked to read all filings for the Company at the Securities and Exchange Commission web site, www.SEC.gov.
Michael Price, email@example.com
SOURCE Sibling Group Holdings, Inc.