MINEOLA, N.Y., Sept. 15 /PRNewswire-FirstCall/ -- Kenilworth Systems
Corporation (OTC Pink Sheets: KENS). In an 8-K filing with the SEC, the Board
of Directors of Kenilworth Systems today announced that Alfred J. Luciani,
Esq., David Satterfield and Paul Nusbaum have been elected Directors of the
Company.
Mr. Luciani is well recognized for his contributions to the gaming
industry as a developer and operator of casino-hotel resorts. His casino
development achievements include the world-famous Foxwoods Casino in
Connecticut, the initial Crown Casino in Melbourne, Australia, and more
recently, two casinos for the Seneca Gaming Corporation in Upstate New York.
On July 1, 2005 he joined Kenilworth as a consultant.
Mr. Satterfield was the former Chairman of the Board of Directors of the
West Virginia Economic Development Authority with considerable operational
oversight responsibility. When Governor Bob Wise of West Virginia was
elected, in November, 2000, Mr. Satterfield served as director of the
transition team and Chief of Staff to the Governor until May 2001. Prior to
joining the Governor's office Mr. Satterfield served as the Chief of Staff and
Vice President for Institutional Advancement at West Virginia University in
Morgantown, WV. He functioned as chief advisor to the University's president,
as WVU's primary government relations executive.
Mr. Nusbaum served as the Cabinet Secretary for the West Virginia
Department of Health and Human Resources from January 17, 2001 until January
17, 2005, and was responsible for the entire operation of that government
agency with its $2.5 billion budget and over 5,700 employees. Mr. Nusbaum
currently provides professional management consulting services to a small
group of health care entities.
Gino Scotto, Director and CEO stated, "We are pleased to have attracted
the insights and management experience of these new Directors who, with their
extensive experience, can help to guide our Company and to further the
regulatory protocols for Project Roulabette(TM)."
Roulabette(TM) is the brand name, coined by the Company, for a patented
method and system for placing wagers on live, in-progress casino table game
broadcasts in real time via digital satellite and digital cable transmission,
such as Roulette, Dice, Baccarat and more, at sites remote from the actual
casino table at which the game is taking place.
The above took place as a result of Alfred J. Luciani and David
Satterfield being now available and willing to serve on our Board. The Board,
as authorized, agreed to add two new seats to be occupied by Messer's Luciani
and Satterfield. Mr. Paul Nusbaum had been elected by the shareholders at its
September 13, 2005 Annual Meeting.
The Board now has nine (9) members.
Forward-Looking Statement
This press release my be deemed to contain certain forward-looking
statements with respect to Kenilworth's business, financial conditions,
involves risks and uncertainties including, but not limited to: the ability to
obtain additional experienced management to further the business plans of
Kenilworth, the ability to obtain necessary regulatory approvals from various
regulatory bodies, approval by State Legislatures, economic conditions and
other risks described on Form 10-K, 2004.
SOURCE Kenilworth Systems Corporation
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CONTACT: Andrew Hirko, Senior Vice President of Kenilworth Systems Corp., +1-516-741-1352, Roulabette@aol.com
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