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TransWorld Strengthens Infrastructure Division Operating Team

Tuesday, 05 January 2021 07:05 AM

Operations Lead to Support Growth

NEW YORK, NY / ACCESSWIRE / January 5, 2021 / TransWorld Holdings Inc (OTC PINK:TRWO), to be renamed Charge Enterprises, Inc., today announced a key hire to support growth in its Charge Infrastructure division, which offers patented, unique and problem-solving solutions that solve last mile micro-mobility infrastructure challenges to metropolises throughout the world. Andrew Pressler has been named Operations Lead.

Andrew Fox, TransWorld's CEO and President, commented, "We are investing in our team to answer the enormous interest Charge is receiving in our patented micro-mobility infrastructure solutions. We welcome Andrew Pressler back to Charge, whose tremendous experience in operations and real estate at both Spin (Ford Mobility) and Charge makes him the ideal Operations Lead as we expand our dock footprint."

Mr. Pressler joins TransWorld from Spin (Ford Mobility), a San Francisco provider of dockless electric scooters acquired by Ford in 2018, where he was Operations Shift Manager. Previously, he was with Charge (now TransWorld's Infrastructure Division), where he held positions of increasing responsibility and was instrumental in Charge's launches in the Atlanta and Los Angeles markets, including site selection for EV service stations and docking stations, fleet management, prototyping, production, and implementation. Mr. Pressler also served as Operations Lead at Lime, a San Francisco based maker of app-supported shared smart bikes and scooters revolutionizing micro mobility and empowering a new urban lifestyle, managing special projects, including site selection and operations, deployments and mapping. Prior to that, he was an Associate at GGP, an Atlanta based real estate company now part of Brookfield Partners, an Associate at Brixmore Property Group, an Atlanta based real estate investment trust (REIT) and held other real estate and sales positions. He earned a BFA in Communications with an emphasis in Public Relations from Valdosta State University and served in the United States Marine Corps.

About TransWorld Holdings Inc.

Transworld (to be renamed Charge Enterprises, Inc.) is a global business with capabilities and talent focused on connectivity in communications, last mile delivery and micro-mobility infrastructure. The company is about connecting people, business and goods and services, and its mission is to drive growth and returns, building value for all stakeholders through each of its three core services: telephony communication, last mile delivery, and infrastructure for micromobility. The Communication Division is being designed to become a significant UCaaS and CPaaS company with a comprehensive stack of offerings; the infrastructure division is capturing explosive growth in last mile micro-mobility by offering patented, unique and problem-solving infrastructure solutions to metropolises throughout the world; and the Transport Division lends the stability of additional cash flow from the ever-growing instant delivery economy. Learn more about us at https://www.charge.enterprises/.

Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of TransWorld Holdings Inc. that constitute forward-looking statements for purposes of the safe harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. TransWorld Holdings Inc. cautions you that any forward-looking information provided by or on behalf of TransWorld Holdings Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. TransWorld Holdings Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond TransWorld Holdings Inc.'s control. In addition to those discussed in TransWorld Holdings Inc.'s press releases, public filings, and statements by TransWorld Holdings Inc.'s management, including, but not limited to, TransWorld Holdings Inc.'s estimate of the sufficiency of its existing capital resources, TransWorld Holdings Inc.'s ability to raise additional capital to fund future operations, TransWorld Holdings Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match TransWorld Holdings Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. TransWorld Holdings Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

Contact:

LHA Investor Relations
Carolyn Capaccio, CFA
[email protected]
212.838.3777

SOURCE: TransWorld Holdings, Inc.

Topic:
Company Update
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