[July 21, 2011] THOMAS HARGIS TAKES THE HELM AT ENCOUNTER TECHNOLOGIES, INC Tweet Jul 21, 2011 (Mass Media Distribution LLC via COMTEX) -- "I was very pleased to be asked to take this position with Encounter, I know Mr. DiBiase has his hands full with the great things that are happening with PTEL and MusicMatrix," states Hargis. "There is such promise with the technology at the heart of this company, I am excited to be the one to take Encounter forward at this time." In the first of many podcasts, Hargis today outlined his plans for the future of Encounter Technologies, Inc. He stressed that he has a forward reaching vision for the company that includes taking Encounter's base technology and utilizing it in new ways to open broader market opportunities for the company. "In the short-term our primary focus will be on our current products and technologies which are market ready and are profitable," says Hargis. Hargis said he's aware of investor concerns about the possibility of a reverse split and assures investors there are no plans for a reverse split for Encounter. "We are committed to the process started by Mr. DiBiase, of uplisting ENTI to the OTCBB. This reflects our commitment to our investors, our plans to grow the company and enhance our existing technology and our marketability across the board. I have instructed our team to make uplisting one of our highest priorities moving forward in the next few weeks and to provide everything we need to make it happen quickly." Hargis goes on to state he is focused on creating revenue building technologies that will sustain the company over the long haul. "For me it's about making sure we go beyond just being viable in the marketplace. We live in a time of rapidly changing technologies and shifting revenue streams. Our goal is to diversify this technology and build strategic partnerships so we are functioning in several business sectors simultaneously to ensure the health of the company for both ourselves and our investors," says Hargis. According to Hargis, in the coming days the new team will move into place and ENTI will begin the process of steering the company into this great new direction. He plans on getting up to speed on the current state of affairs within the company and looks forward to keeping investors informed through podcasts, video and press releases. Look for regular updates on Twitter by following @EncounterCEO ABOUT ENCOUNTER TECHNOLOGIES, INC. (ENTI) Encounter Technologies, Inc. specializes in social media, video technology and on-line entertainment web solutions. The Company utilizes pre-built applications to provide platforms for businesses interested in utilizing video technology to increase online collaboration and interaction. The goal is to provide clients with the best methods to increase user value and achieve desired business results. Simply put, Encounter Technologies, Inc. transforms ideas into revenues. For more information about Encounter Technologies, Inc. visit www.encountertech.com or email at [email protected]. This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements as a result of various factors and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place under reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Encounter Technologies, Inc. under take no obligation to update such statements. [ Back To TMCnet.com's Homepage ]