Richard J. Berman to Act as Interim CEO
SAN DIEGO, July 1 /PRNewswire-FirstCall/ -- Morlex, Inc.
(Pink Sheets: MORX), a leading innovator in direct-to-consumer internet
marketing announced today that its Chief Executive Officer, Jason J. Kulpa,
resigned from his position as Chief Executive Officer of the Company to pursue
other opportunities. Richard J. Berman, Executive Chairman and previous CEO
of the Company, will act as the interim CEO, until the Company finds a new
permanent Chief Executive Officer. Mr. Kulpa will remain with the Company as
Vice Chairman, Founder and Director.
Jason Kulpa commented that, "I am happy to see the company I founded
become publicly traded. I believe that the Company is now very well
positioned to grow. I look forward to watching the Company succeed."
Richard Berman commented that, "We wish Jason all the best in his career.
Jason was a founder of Ad Authority which was recently acquired by the
Company. I will act as the interim CEO of Morlex while the Company begins a
search for a top caliber CEO to add to this exciting young management team,
with Ben Martin continuing as President of Ad Authority, Touvan Sughiarto as
President of Superfly Advertising, and Jacob Vale as President of RightSide.
I am looking forward to once again assuming this expanded role with the
Company."
About Morlex
Morlex, Inc. (OTC Pink Sheets: MORX) is a San Diego-based internet
marketing firm that reaches millions of consumers through proprietary
technology using email, portals, SEO technologies, voice broadcasting and
advertising network affiliations. LeadX, the company's proprietary lead
management software, enables users to more effectively manage higher volumes
of leads and maximize ROI through greater marketing efficiency. For more
information please visit http://www.adauthority.com.
Certain statements in this document and elsewhere by Morlex are
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. Such information includes, without limitation,
the business outlook, assessment of market conditions, anticipated financial
and operating results, strategies, future plans, contingencies and
contemplated transactions of the company. Such forward-looking statements are
not guarantees of future performance and are subject to known and unknown
risks, uncertainties and other factors which may cause or contribute to actual
results of company operations, or the performance or achievements of the
company or industry results, to differ materially from those expressed, or
implied by the forward-looking statements. In addition to any such risks,
uncertainties and other factors discussed elsewhere herein, risks,
uncertainties and other factors that could cause or contribute to actual
results differing materially from those expressed or implied for the forward-
looking statements include, but are not limited to fluctuations in demand;
changes to economic growth in the U.S. economy; government policies and
regulations, including, but not limited to those affecting the Internet.
Morlex undertakes no obligation to publicly update any forward-looking
statements, whether as a result of new information, future events or
otherwise. Actual results, performance or achievements could differ materially
from those anticipated in such forward-looking statements as a result of
certain factors, including those set forth in Morlex Inc.'s filings with the
Securities and Exchange Commission.
SOURCE Morlex, Inc.
Investor Relations, Todd M. Pitcher of Hayden Communications, Inc.,
+1-858-518-1387, for Morlex, Inc.
