INVENT Ventures Announces Appointment of Michael Mendillo to Board of Directors


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OTC:BB:IDEA
07/16/2014 [ACCESSWIRE]

SANTA MONICA, Calif. / ACCESSWIRE / July 16, 2014 / INVENT Ventures (OTCQB: IDEA) a publicly-traded incubator and investment fund that builds and invests in transformative web and mobile technology companies, today announced the appointment of Michael Mendillo to its Board of Directors. Mr. Mendillo will serve as an Independent Director of the Board and will also serve on the Company’s Audit Committee, Compensation Committee, and Governance and Nominating Committee.

Mr. Mendillo is the President and Principal of the Mid-Atlantic Region of FirstService Residential, the largest residential management company in North America servicing more than 6,500 communities and 1.5 million homes. Mr. Mendillo became an equity partner with FirstService Residential in 1997, and has since led one of the organization’s largest full-service residential management regions in the United States. Mr. Mendillo’s Mid-Atlantic region now collectively provides services to over 1,100 residential properties, 320,000 homes and 3,500 associates across New Jersey, New York, Connecticut, Pennsylvania, Maryland, Delaware, West Virginia, Virginia, North Carolina, South Carolina, Tennessee, Illinois, and Washington D.C.

Prior to FirstService Residential, Michael founded and served as CEO of Mandell Investment Inc., a real estate investment management firm, working with national and regional residential real-estate developers. Mr. Mendillo graduated from William Paterson University with a Bachelor of Science in Business and currently sits on the University’s Advisory Board for the College of Business.

Mr. Mendillo is also a prolific national speaker appearing as a keynote speaker and panel member for a host of topics including leadership, achieving and sustaining business success, growing a business and much more. He has spoken at many exclusive venues and top educational institutions throughout the country including Columbia University, New York’s Stern School of Business and has taught as an adjunct professor at Monmouth University.

Bryce Knight, CEO of INVENT Ventures, said, “We are thrilled to add Michael Mendillo to our Board of Directors. Michael is a highly respected proven leader with an impressive track record of success. Mr. Knight added, “We know Michael will be a great addition to our team and we look forward to his contributions as we utilize his advice and expertise in building our business.”

About INVENT Ventures, Inc.

INVENT Ventures, Inc. (OTCQB: IDEA) a publicly-traded technology incubator and investment fund that builds and invests in transformative web and mobile technology companies. INVENT is headquartered in Santa Monica, California in the dynamic Silicon Beach area. For more information on INVENT, visit www.invent.vc.

Safe Harbor Statement

Certain statements contained in this document that are not historical fact are "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. The words or phrases "will likely result," "are expected to," "will continue," "is anticipated," "believes," "estimates," "projects" or similar expressions are intended to identify these forward-looking statements. These statements are subject to risks and uncertainties beyond our reasonable control that could cause our actual business and results of operations to differ materially from those reflected in our forward-looking statements. The safe harbor provisions provided in the Securities Litigation Reform Act do not apply to forward-looking statements we make in this document. Forward-looking statements are not guarantees of future performance. We based our forward-looking statements on our current expectations about future events.

Although we believe that the expectations reflected in our forward-looking statements are reasonable, we cannot guarantee you that these expectations actually will be achieved. We are under no duty to update any of the forward-looking statements after the date of this filing to conform those statements to actual results. In evaluating these statements, you should consider various factors, including the Risk Factors.

Investor and Media Contact:

Robert Haag
IRTH Communications
idea@irthcommunications.com
866.976.4784

 

Source: INVENT Ventures

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