SOURCE: Infinity Resources Holdings Group
SCOTTSDALE, AZ--(Marketwire - Jan 9, 2013) - Infinity Resources Holdings Corp. (OTCQB: IRHC) ("Infinity"), a synergistic portfolio of sustainability companies, today announced it has appointed Laurie L. Latham, a veteran corporate finance executive with over 30 years experience, to Chief Financial Officer. She succeeds Richard A. Papworth who has resigned to pursue interests in California.
Previously, Ms. Latham was Chief Financial Officer at Plano, Texas-based ViewCast Corporation, an emerging-growth publicly traded digital media company. During her 13-year tenure, she increased capital by $56 million in multiple transactions and completed two strategic acquisitions.
Barry Monheit, Infinity President and Chief Executive Officer, said, "Having completed a major merger a few weeks ago, we need the wealth of hands-on experience as a senior corporate finance executive and public company officer that Laurie brings. Her financial leadership will prove invaluable as Infinity executes on our ambitious growth strategy in 2013 and beyond. I am delighted to welcome her to the Company."
Commenting on her appointment, Ms. Latham said, "With proprietary technology, excellent competitive position and a highly favorable marketplace, Infinity is well positioned for growth. I fully expect Infinity will capitalize on its emerging industry leadership position for a successful and rewarding future for the Company and its shareholders."
Prior to ViewCast, Ms. Latham served as Senior Vice President and Chief Financial Officer of Perivox Corporation, an interactive communications and direct marketing company, as Vice President of Finance and Administration of Axis Media Corporation, a graphics, photography and marketing agency, and as Vice President of Finance and Administration for Medialink International Corporation, a food industry technology company. Ms. Latham has also been in public practice with national and regional accounting firms including KPMG Peat Marwick. She received her B.B.A. from the University of Texas and is a Certified Public Accountant.
We would like to thank Mr. Papworth for his years of service and wish him well in his new endeavor.
About Infinity Resources Holdings Company
Infinity Resources Holdings Corp. is the parent company of Earth911 and Youchange™ and the owner of a 50% interest in Quest Resources Management Group. Collectively Infinity's synergistic portfolio of sustainability companies covers the full spectrum of the recycling life cycle providing innovative waste reduction and landfill diversion solutions for recycling and proper disposal of commercial and consumer waste streams (http://www.infinityresourcesholdingscorp.com).
Quest Resources Management Group provides complete commercial waste stream management for large and mid-sized corporations in a variety of industries. Headquartered in Frisco, Texas, Quest manages the recycling effort of over 12,500 client locations throughout the U.S. and Canada. Quest was named one of Inc. Magazine's fastest growing private companies, ranking No. 928 on the sixth annual Inc. 5000 list with 2011 revenue of $121.9 million (http://www.questrmg.com).
Since 1991, Earth911 is the go-to source for a growing, enthusiastic audience across the U.S. who seeks recycling and green living information daily. Earth911 gathers, distributes and analyzes localized recycling information to assist manufacturers, organizations and consumers with product end-of-life solutions (http://business.earth911.com). YouChange Holdings Corp. (www.youchange.com) is a leader in electronics collection, e-waste tracking and re-commerce, a fast growing economic driver that allows consumers to donate used products and make a contribution to their favorite school or charity.
This document contains forward-looking statements that are subject to a number of risks, assumptions, and uncertainties that could cause the Company's actual results to differ materially from those projected. These risks, assumptions, and uncertainties include the following: the ability of the Company to raise capital; the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price-competitive marketplace; changes in nature of telecommunications regulation in the United States and other countries; changes in business strategy; the successful integration of newly acquired businesses; the impact of technical change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission.