CHICAGO, May 8, 2008 (PRIME NEWSWIRE) -- 141 Capital, Inc. (Pink Sheets:XXIS) announced that Karen McFadden has joined the Company as Director of Operations. In this newly created position, Ms. McFadden will be responsible for project management, technical oversight and quality assurance. Ms. McFadden will be utilizing her industry experience and project management skills to ensure that the products offered by 141 Capital, Inc. will be met with the highest of standards industry-wide.
Ms. McFadden will report directly to Errol Stone.
"I am very pleased that Karen has joined 141. She will play a vital role in ensuring that all of our products will work synergistically, and will be attractive to our strategic initiatives and core customer base," stated Mr. Stone.
Karen began her career working as a clerk, at both the Chicago Board Options Exchange (CBOE) and the Chicago Mercantile Exchange (CME), learning from some of the industry's most highly respected traders. During her tenure, she acted as both a trader and a broker at the CME, served on various CME Committees and acted as a broker, trader and manager in the early days of electronic exchanges.
Upon leaving the futures industry, Ms. McFadden began working at Bank of America in their derivatives department, eventually moving into a role as a Sr. Business Analyst/Project Manager. While there, she helped to create the bank's sales tracking and reporting system for interest rate derivates and helped to expand the system to a more global internal platform.
While with Bank of America, Karen earned a greenbelt in Six Sigma and her project was recognized as a runner up for the 'Best of Six Sigma of 2005.' Karen currently serves 141 Capital, Inc. as Director of Operations and will be utilizing her industry experience, project management skills and Six Sigma experience to ensure that the products offered by 141 Capital, Inc. will be met with the highest of standards industry wide.
About 141 Capital, Inc.
141 Capital, Inc., a member of the National Futures Association registered with the NFA as a Commodities Trading Advisor, is a publicly traded company based in Chicago. 141 utilizes electronic trading systems for trading financial products and providing trade recommendations listed on the world's derivatives exchanges, including foreign exchange futures and options (mostly on the Chicago Mercantile Exchange), equity index futures and options worldwide, energy futures and options, grain futures and options and fixed income futures and options.
Forward-Looking Statements
This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of Forward-Looking Statements: This news release may contain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements present management's expectations, beliefs, plans and objectives regarding future financial performance, and assumptions or judgments concerning such performance. Any discussions contained in this release, except to the extent that they contain historical facts, are forward-looking and accordingly involve estimates, assumptions, judgments and uncertainties. There are a number of factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking statements.