Press Room

2/15/2007

Press Release - Terry Johnson Elected to EquityNet Board of Managers

Fayetteville, Arkansas -- EquityNet™, LLC (www.equitynet.com) announced today that has Terry Johnson has been elected to the Company’s Board of Managers. The Board is elected by Members of the LLC to oversee management and to assure that the long-term interests of the Members, all stakeholders, employees, customers or clients, area communities, and the public at large are being well served.

 

Mr. Johnson is Chief Financial Officer at VeriSource, LLC in Rogers, Arkansas. VeriSource, a Microsoft Gold Partner, is a world-class technology solutions provider of advanced network systems, custom software applications, and efficient data warehousing solutions. Mr. Johnson is responsible for planning and executing fiscal strategies at VeriSource, and he also leads the company's marketing and sales efforts. In addition, he is currently a managing partner in Creekside Development, LLC, a commercial real estate project in Rogers, Arkansas, and he serves on the Board of Signature Bank in Rogers, Arkansas. Mr. Johnson is also involved in oil and gas ventures in Kansas and in Alberta, Canada. Prior to joining VeriSource, he was the co-owner of Custom Micro, LLC, a company that assembled and resold IBM compatibles and offered training in certified Microsoft classes, including MCSE tracks. Prior to working at Custom Micro, Mr. Johnson owned Micro Computer Center, and under his direction, the company became one of the largest privately-owned computer sales operations in the U.S. before it was sold to The Future Now. Mr. Johnson has also worked in market research and sales for both Texas Instruments and Electronic Data Systems.

 

Judd Hollas, EquityNet's CEO, welcomed Mr. Johnson, saying that, “Mr. Johnson clearly recognizes and supports the role and responsibilities of the EquityNet Board and with his extensive experience and particular set of skills rounds it out most nicely.”

 

EquityNet, LLC was founded in 2005 and is dedicated to providing innovative tools to the private-equity investment marketplace, including specialized web-based applications that allow investors and entrepreneurs to dramatically improve the efficiency and value of the investment process. The EquityNet process and a description of how its Enterprise Analyzer™ works are described on the Company’s website at www.equitynet.com.