Bench Group, Inc., Changes Name to Qualmax, Inc.
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EUGENE, Ore.--(BUSINESS WIRE)--Dec. 8, 2005--Bench Group, Inc.
(Pink Sheets:BNGP), today announced that it has changed its name
from
"Bench Group, Inc." to "Qualmax, Inc." upon completion
of the merger
of its recently acquired subsidiary, Qualmax, Inc., with and into
it. Qualmax, a leading provider of VoIP technology and services,
has also
announced that, in connection with the recently consummated share
exchange among Bench, Qualmax and the former stockholders of Qualmax,
M. David Kamrat, Noah Kamrat, and Edward Moffly have been elected
to the Board of Directors of the newly merged entity. The Board
has selected Scott S. Rosenblum of Kramer Levin Naftalis & Frankel,
LLP,
as its securities counsel, Ian Richardson of Gleaves Swearingen
Potter
& Scott, LLP, as its corporate counsel.
About Qualmax's Directors.
M. David Kamrat. David Kamrat has been Qualmax's Chief Executive Officer and Chairman of its Board of Directors since he founded Qualmax in 2002. In 1998, Mr. Kamrat also founded a successful telecom consulting business, Mind Opening Corporation. Earlier, David worked as a sales executive for MCI where he was the recipient of several prestigious awards throughout the mid 90's. Prior to his tenure with MCI, Mr. Kamrat built a successful career in construction and land development. David did graduate work at Hadar Hatorah in Brooklyn NY, and at Morristown Academy in Morristown, NJ.
Noah Kamrat. Noah Kamrat is Qualmax's President, CIO and COO as well as a Director. From 1998 to 2002 Noah was the President of Synergyx Communications Group, an IP consulting and technology VAR. From 1996 to 1998 Mr. Kamrat was Director of National Accounts for Frontier Communications (Global Crossings). Prior to his tenure with Frontier, Mr. Kamrat served as a technical sales consultant for MCI where he was the recipient of numerous top sales awards. Noah holds a BS from the University of Oregon.
Edward (Ted) Moffly. Mr. Moffly joined Qualmax as its Chief Financial Officer in October, 2005, and was elected to the Board of Directors in November, 2005. Ted has worked as an entrepreneur and executive in various industries, from construction and energy to finance and telecom. From 1994 to 2000, Mr. Moffly was the CFO of Tiltwall, Inc., a facilities-based contractor focused on technology build-outs whose customers included MCI, Kodak and Detroit Diesel. Ted served as CEO of Synergyx, an IP integration company that deployed networks in over 50 countries, from 2000 to 2001. After leaving Synergyx in 2001, Mr. Moffly founded and was CEO of Spin Networks, a security software company. Ted attended Columbia University and received an MBA from the University of Chicago in 1997.
About Qualmax
Through its three operating divisions, QPS, Qualmax, and iNode, Qualmax develops and markets VoIP (Voice over Internet Protocol) technology products and services, including network infrastructure implementation, design and engineering, termination, origination and ASP services. Qualmax's division structure supports a market strategy that has been formed with the singular mission of addressing the disparate needs of global enterprise and service provider customers.
Forward Looking Statements
This news release contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. For such statements, Qualmax claims the protection of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the control of Qualmax. Actual results may differ materially from the expectations contained in the forward-looking statements. Factors that may cause such differences include the risks that: (i) certain anticipated transactions will not be consummated; (ii) Qualmax's existing customers will reduce their consumption of Qualmax's products and services; (iii) Qualmax's efforts to reach new customers and to develop and market new products will be unsuccessful; and (iv) Qualmax's business will be otherwise materially adversely affected. Qualmax does not undertake to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.
CONTACT: Qualmax, Inc.
Tracy M. Habecker, +15416832892 X 1012
tracy.habecker@ipgear.net