(IDVC) Adds New Officer and Director
Salt Lake City, UT / September 4, 2014 / Infrastructure Developments Corporation (OTC: IDVC) announced today that Cyril Means III has accepted a position as a director and as secretary of the company.
“Cyril Means has extensive experience in United States securities law, mergers and acquisitions, and finance,” said IDVC CEO Eric Montandon. “We are actively pursuing acquisitions and his expertise will be critical in our due diligence process and our evaluation and pursuit of new business ventures.”
Mr. Means graduated from New York Law School in 1992 with a Juris Doctorate, and is currently licensed by the New York Bar Association. He served as in house counsel to J.J. Bonamuso & Company, a New York commercial real estate company, from 1993 to 1994, and served as General Counsel, Corporate Counsel, Vice President, and Executive Vice President with the Aegis Consumer Funding Group from 1995 to 1999, overseeing corporate and consumer compliance, negotiating credit facilities in excess of $1 billion, and serving as issuers’ counsel for the company’s asset backed securities program. He served as Vice President and General Counsel to Dollar Financial Group, Inc., from 1999 to 2005, completing numerous domestic and international mergers and acquisitions, negotiating credit facilities, and coordinating federal and state lobbying efforts on matters affecting the company. Mr. Means has been semi-retired since 2005.
Infrastructure Developments Corporation:
IDVC is a publicly listed project management firm headquartered in the United States. IDVC’s mission is to bring world-class execution to the international construction and project management industry, and to expand into selected complementary businesses in high-growth international markets. The company is currently focusing on expanding its recently acquired real estate brokerage firm in Dubai, U.A.E., and is also marketing prefabricated housing in North America, the Middle East, and parts of South-East Asia.
Forward-Looking Statements:
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties including the company’s development, competitive market conditions, and its prospects for securing additional sources of financing as required. The actual results that the company may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. The company encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-Q and Form 10-K. The company’s public filings may be viewed at www.sec.gov.
Contact:
Eric Montandon – CEO
Infrastructure Developments Corp., Inc.
eric@idvc.us
www.idvc.us
+971 50 553 2590
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