Houston, TX, October 04, 2010 --(PR.com
)-- Mr. Edward J. Meyer, currently a Managing Director of Easton Capital Partners will advise AvStar's management on the financial markets and sources of capital.
For twelve years prior to joining Easton Capital in 2000, Mr. Meyer was a founder and Executive Vice President of Constitution Capital Corp. a private equity investment company. Mr. Meyer began his financing career with Shearson American Express in 1977, and during his career on Wall Street helped raise several billion dollars of capital. Mr. Meyer is an Honors graduate of Kenyon College in Ohio and received his MBA from the University of Chicago.
Mr. Walter J. Balan a former associate with the agencies of J. Walter Thompson, McCann-Erickson, TBWA Chiat/Day and Deutsch for over 30 years will be advising AvStar on marketing and advertising strategies. While at these agencies some of his clients included Nabisco, Nissan, AT&T, Mitsubishi Motors, Sheraton, and Aeromexico.
Mr. Balan is fluent in both English and Spanish and has an MBA in Marketing from Adelphi University in New York where he later served as an Adjunct Professor.
Mr. Richard L. Malcolm, M.B.E.. J.P., is uniquely qualified to offer advice on market development and business relations in the Bahamas, as he is an experienced pilot, hotelier, life-long resident, and as a citizen of The Commonwealth of The Bahamas. AvStar and it's subsidiaries will benefit greatly from his knowledge and experience. Mr. Malcolm has served many years in the tourism industry in the Bahamas in both Government appointed and private positions and is presently a senior Justice of the Peace. For these and other services Mr. Malcolm was awarded the honor of the Most Excellent Order of the British Empire (MBE) by Her Majesty, The Queen at Buckingham Palace in 1999.
While Mr. Malcolm and his family operated the renowned Pink Sands Hotel on Harbour Island for 38 years, he logged over 12,000 hours as a private pilot in the support of the hotel operations. Those experiences developed Mr. Malcolm's appreciation, understanding and abilities in dealing with aviation matters such as route and scheduling needs along with safe reliable services to the tourism industry.
"I am pleased to have these gentlemen offering AvStar's management advice and direction with our review of acquisition plans, development of programs for aviation businesses, and capital requirements. As our future plans are announced stockholders can be confident that our decisions are well analyzed and in their best interest," stated Clayton Gamber, CEO of AvStar Aviation Group, Inc.
About AVSTAR Aviation: AVSTAR has a main focus on acquiring, consolidating, and growing businesses in the aviation industry. Also, the company is focusing on acquiring and/or developing companies that provide products and services for general aviation maintenance, repair, and inspections. For more information, please visit, www.avstarinc.com
Forward-Looking Statements: Certain statements contained in this release issued by AVSTAR Aviation Group, Inc. (the "Company") that are not historical facts are "forward-looking" statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, and because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements are statements regarding the intent, belief, or current expectations, estimates, or projections of the Company, its directors, or its officers about the Company and the industry in which it operates and are based on assumptions made by management. Although the Company believes that its expectations are based on reasonable assumptions, it can give no assurance that the anticipated results will occur. When issued in this report, the words "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," and similar expressions are generally intended to identify forward-looking statements.
Clayton I. Gamber Jr.