Ex 99.1
DIRECTVIEW AND CEO XXXXXXX XXXXX SIGN MUTUAL SEPARATION AGREEMENT
BOCA RATON, FL, June 30, 2005 -- DirectView, Inc. (OTCBB: DRVW) the leader in
full-service, high-quality, cost efficient videoconferencing technologies and
services, announced today the company has entered into a separation agreement
effective June 24th 2005 with its CEO, Xxxxxxx Xxxxx. CEO responsibilities will
be handled on an interim basis by DirectView's President, Xxxxxxx Xxxxxxx, until
such time as a successor is named. The Company foresees no ill affects to its
business during the transition.
Xxxxxxx Xxxxx commented, "My time as CEO of DirectView has been both challenging
and rewarding. I very much appreciate the opportunity and consideration that
were given to me by the DirectView Board of Directors."
Commenting on the departure, DirectView's Chairman, Xxxxxxx Xxxxxxx stated "We
have appreciated Xxxx's service to DirectView and wish him the best of luck in
his future endeavors. DirectView will begin a search for a successor both
internally and externally, who will help lead our global expanding business
opportunities which the Company believes are very bright."
About DirectView, Inc.
DirectView Inc. (xxx.XxxxxxXxxxXxx.xxx) is the full-service provider of
high-quality, cost efficient videoconferencing technologies and services.
DirectView provides multipoint videoconferencing, network integration services,
custom room design, staffing, document conferencing and IP / Webconferencing
services to businesses and organizations in the United States and around the
world. DirectView conferencing services enable our clients to cost-effectively,
instantaneously conduct remote meetings by linking participants in
geographically dispersed locations.
This announcement contains forward-looking statements that involve risks and
uncertainties, including those relating to the Company's ability to grow its
business. Actual results may differ materially from the results predicted and
reported results should not be considered as an indication of future
performance. The potential risks and uncertainties include, among others, the
company's limited operating history, the limited financial resources, domestic
or global economic conditions. Activities of competitors and the presence of new
or additional competition, and changes in Federal or State laws, restrictions
and regulations on doing business in a foreign country, in particular China, and
conditions of equity markets. More information about the potential factors that
could affect the company's business and financial results is included in the
Company's filings, available via the United States Securities & Exchange
Commission.
[GRAPHIC OMITTED]
Contact:
DirectView Inc.
Investor Relations:
000-000-0000
XX@XxxxxxXxxxXxx.xxx
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