QTRAX Appoints New Director, EVP Global Strategic Alliances
QTRAX Appoints New Director, EVP Global Strategic Alliances
NEW YORK, Oct. 3 /PRNewswire-FirstCall/ -- QTRAX, Inc., a division of Brilliant Technologies Corporation today announced the appointment of Michael J. Firetti as Director and EVP Global Strategic Alliances.
"We are very pleased to make this appointment," said QTRAX President and CEO Allan Klepfisz. "The increasing depth of Mike's involvement with QTRAX has mirrored our preparedness for a global launch of our groundbreaking product. Mike first became involved with us as an investor about 12 months ago. He soon developed sufficient confidence in our business proposition, product and the management team that he brought in an array of additional investors that, in aggregate, have accounted for a substantial percentage of the funds we have raised to date. In light of Mike's very dedicated and highly enthusiastic efforts we were pleased to offer him a Board position and he accepted without hesitation. Today's appointment will allow Mike to utilize his considerable skills to make a further, 'hands on' contribution to the Company."
"During this same period QTRAX has gone from a promising concept to an impressive functioning product with global reach supported by unique licenses and a superior management team," said Klepfisz.
"The evolution of my involvement with QTRAX has clearly been rapid and reflects my confidence in the Company and market space," said Firetti. "I did not initially intend introducing the opportunity to other investors but as I developed an increasing, more knowledgeable and frankly vocal enthusiasm for the Company's potential, they seemed to gravitate towards QTRAX. The strategic alliance opportunities with QTRAX are limitless, and in my new role, I'm very excited about pursuing each of them with vigor. You often only get one opportunity in a lifetime to be involved in such a big idea with the potential of such a profound and positive effect on an industry."
About Michael J. Firetti
Firetti's diverse professional career spans almost three decades with companies such as Ecolab, Sprint, Cigital, and Computer Associates in addition to owning and managing several entrepreneurial ventures. His executive experience in sales and business development has brought him considerable success in developing and maintaining invaluable relationships with key C-level executives. Firetti is married with two daughters and is a native of Northern Virginia. His hobbies include flying, boating, and exotic cars.
About QTRAX
QTRAX ( www.QTRAX.com ) is the world's first legal and free peer-to-peer (P2P) music service. QTRAX showcases an innovative ad-supported delivery model that easily directs revenue back to artists and rights holders. QTRAX is available for both browsing and music downloading now and soon will provide fans with access to a colorful and diverse catalog with millions of high-quality digital music files. Based in New York City, QTRAX is a subsidiary of Brilliant Technologies Corporation , a publicly traded technology holding company.
Safe Harbor
This announcement contains express or implied forward-looking statements which involve known and unknown risks and uncertainties that could cause actual results to differ materially from those suggested, including but not limited to risks identified and discussed in company filings with the Securities and Exchange Commission. These forward-looking statements are based on information and management's expectations as of the date hereof and future results may differ materially from expectations and the company disclaims any obligation to update them except as required by law.
First Call Analyst:
FCMN Contact: shamin@shaminabaspr.com
Source: QTRAX, Inc.
CONTACT: Shamin Abas, +1-212-532-2736 or +1-917-494-9288,
shamin@shaminabaspr.com, for QTRAX
Web site: http://www.qtrax.com/
Profile: International Entertainment
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