Worldwide Internet, Inc. (OTC PINK: WNTR) (PINKSHEETS: WNTR) is pleased to announce that it will be appointing Alan Rude as a Director upon the completion of the underwriting of its public offering.
Alan Rude is currently President of R.W. Wentworth & Co. and has over 30 years of senior level experience in securities sales and trading, corporate finance and entrepreneurial activities. He has held financial management positions at Celanese Corporation and American Home Products. He was a Senior Vice President of PaineWebber Inc., where he sold and traded money market instruments, U. S. Treasury and mortgage-backed securities. Mr. Rude developed the term repurchase agreement product, which is now the basic short-term investment vehicle for money market funds and governmental agencies.
Mr. Rude's corporate finance activities include developing business plans; sourcing start-up and second stage venture capital investments, and mergers and acquisitions. Mr. Rude received his BA in economics (with honors) from Cornell University and an MBA in finance from the Harvard Business School. He has been listed in Who's Who in Finance and has taught finance courses as an adjunct professor in the New York University School of Continuing Education
Frank Kristan, President stated that:
"We are pleased to have Alan join our board of directors as we develop an experienced team of executives to implement our goal of building a diversified holding company that will provide an increase in assets and dividends for our shareholders."
About Worldwide Internet, Inc.
Worldwide Internet, Inc. (OTC Pink: WNTR) (www.worldwideinternetinc.com). The company is now focused on making acquisitions of business operations and investments to create a diversified holding company.
About R.W. Wentworth & Co., Inc.
R.W. Wentworth & Co., Inc. (Wentworth) (www.rwwentworth.com) provides investment and business development advisory services to a wide range of clients. Founded in 1998 with its headquarters in New York City, Wentworth's mission is to deliver competitive financial returns and increased benefits to its clients by incorporating socially responsible economic, environmental, social and corporate factors into strategic investment decisions.
FORWARD-LOOKING STATEMENTS:
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those expressed or implied in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the OTC Markets and. undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
Contact:
Frank Kristan
frankkristan@worldwideinternetinc.com
SOURCE: Worldwide Internet, Inc.
Associated Documentation:
Link to submission on http://www.eteligis.com
WNTR_3-19-14_SMU_ETL.docx
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