Accredited Solutions Welcomes Ben Farzam as CEO of New Telco/Fintech Division, Driving Forward Its 5-Year Revenue Growth Plan

Rhea-AI Summary

Accredited Solutions (OTC: ASII) has appointed Ben Farzam as CEO of its new telco/fintech division, aligning with the company's 5-year plan to reach $750 million in annual revenue. Farzam brings over 20 years of leadership in telecommunications, having led Callvox to $100M in annual sales at its peak. His expertise in strategic planning and emerging markets is expected to drive Accredited Solutions' growth strategy.

The company plans to focus on acquiring profitable telco and fintech companies while optimizing operations through synergistic acquisitions and organic growth initiatives. This appointment is seen as key to unlocking the next phase of transformative growth for Accredited Solutions, particularly in leveraging technology for inclusive expansion and adding shareholder value.

Positive

• Appointment of experienced CEO Ben Farzam for new telco/fintech division
• Ambitious 5-year plan targeting $750 million in annual revenue
• Focus on acquiring profitable telco and fintech companies
• Strategy to optimize operations through synergistic acquisitions and organic growth

Negative

• None.

NEW YORK, NY, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Accredited Solutions, Inc. (OTC: ASII) ("Accredited Solutions" or the "Company"), the parent company of Diamond Creek Water, is pleased to announce the appointment of Ben Farzam as the CEO of its new telco/fintech division. This strategic hiring aligns with the Company's ambitious 5-year plan to achieve $750 million in annual revenue.

Ben Farzam brings over 20 years of leadership experience in the telecommunications industry, with a proven track record of building and scaling communication networks globally. As the Founder and CEO of Callvox since 2008, Ben led the company to over $100M in annual sales at its peak. His expertise in strategic planning, operational efficiency, and disruptive technologies, particularly in emerging markets, makes him an invaluable addition to Accredited Solutions.

Farzam has held key executive roles at Deltathree and Mediaring, where he demonstrated his ability to drive growth, execute successful turnarounds, and scale businesses rapidly. His educational background includes a JD from Georgetown University and a BS from UC Berkeley, equipping him with the skills to assess complex situations and implement effective solutions.

"We are thrilled to welcome Ben Farzam as the CEO of our telco/fintech division," said Mr. Eduardo Brito, CEO of Accredited Solutions, Inc. "His extensive experience and visionary leadership are pivotal in achieving our 5-year plan. We believe Ben’s appointment is key to unlocking the next phase of transformative growth for Accredited Solutions, particularly as we leverage technology to drive inclusive expansion and add significant value to our shareholders."

As part of its growth strategy, Accredited Solutions will focus on acquiring profitable companies within the telco and fintech sectors while optimizing operations through synergistic acquisitions and organic growth initiatives. The plan outlines detailed objectives for the first year, with an emphasis on key acquisitions and integration milestones to build a robust foundation for future success.

Accredited Solutions will continue to provide updates as the plan progresses and milestones are achieved.

Relevant Links: https://www.diamondcreekwater.com

Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates, and projections about our business, based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and the company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.

Accredited Solutions, Inc. Contact: info@diamondcreekwater.com

Follow Us on: X (Twitter): @asii_Inc

Source: Accredited Solutions, Inc. https://www.diamondcreekwater.com

FAQ

Who is the new CEO of Accredited Solutions' telco/fintech division?

Ben Farzam has been appointed as the CEO of Accredited Solutions' (OTC: ASII) new telco/fintech division.

What is Accredited Solutions' revenue target in their 5-year plan?

Accredited Solutions (OTC: ASII) has set a target of $750 million in annual revenue as part of their 5-year plan.

What is Accredited Solutions' growth strategy for the telco/fintech division?

Accredited Solutions (OTC: ASII) plans to focus on acquiring profitable companies within the telco and fintech sectors while optimizing operations through synergistic acquisitions and organic growth initiatives.

What is Ben Farzam's background in the telecommunications industry?

Ben Farzam has over 20 years of leadership experience in telecommunications, including founding Callvox, which reached over $100M in annual sales at its peak. He has also held executive roles at Deltathree and Mediaring.