COLORADO SPRINGS, CO — (MARKET WIRE) — 11/04/2003 — Maximum Dynamics, Inc. (OTC BB: MXDY), a financial services company that supports the financial community with back office fund administrationand client side support, announced today that Dr. Dingindawo Paulus Shongwe accepted an invitation to join Maximum’s International Advisory Board.
Dr. Shongwe, who is a South African national, is currently the Senior Manager of Peoples Bank, which is subsidiary of the Nedcor Group. Peoples Bank is among the top ten banks in South Africa by assets and focuses on offering affordable and understandable products to the emerging market and small and medium enterprises. As the Senior Manager, Dr. Shongwe is responsible for the company’s customer education and business development in South Africa. Prior to the Peoples Bank, Dr. Shongwe worked at Standard Bank as the Senior Manager of Group Public Affairs and assisted in the Public Sector Banking Department.
“Dr. Shongwe’s decision to join our advisory board is extremely exciting and gives us tremendous inroads into and knowledge about the financial community in South Africa and in the African continent,” said Eric Majors, CEO of Maximum. “Dr. Shongwe is a well respected man who brings with him the ability to help us position much needed products in this market, such as M.POS, Datalus and the technology solutions of Unilogic. Dr. Shongwe has committed to helping us fast-track the certification process for M.POS in South Africa, which will enable us to begin closing sales. Equally important, Dr. Shongwe shares our vision to help make a difference in people’s lives and will be helping us to implement our corporate responsibility strategy. We are very honored to have him join our team.”
Dr. Shongwe holds a Doctorate of Literature and Philosophy from Rand Afrikaans University, a MA of Theological Studies from Andrews University and a Theology diploma from Bethel College. Two of the more notable accomplishments of Dr. Shongwe include assisting Standard Bank in facilitating the successful bidding for the Gauteng Provincial account valued at R16 billion and revamping the Social Strategy and Policy document of the Standard Bank Foundation and PublicAffairs.
“We cannot underestimate the importance that the addition of Dr. Shongwe will make for our company,” Majors added. “As a company that focuses on servicing the financial community, it is critical that we have well- respected, proven business leaders within that community who are advising and directing us. The banking community is traditionally the hardest from which to obtain a stamp of validation. With Dr. Shongwe’s acceptance, this clearly communicates that the banking sector understands the value of our services and product offerings. I am extremely grateful to Dr. Shongwe and proud to be involved in this opportunity with him.”
Maximum began forming an advisory board in September 2003. Mpumelelo Tshume, the CEO of PetroSA, which is South Africa’s 5.5 billion (Rand) national oil company, accepted an invitation to join Maximum’s International Advisory Board in October 2003 and serves as the Board’s Chairman. Several other candidates are considering the invitation, as Maximum plans to continue to add other board members of high caliber over the next few months.
For more information about Maximum Dynamics, visit the company’s website at http://www.maximumdynamics.com.
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. Maximum Dynamics assumes no obligation to update the information contained in this press release. Maximum Dynamics’ future results may be affected by its ability to continue to implement its hedge fund administration services, its newly acquired Internet marketing capabilities, its dependence on procuring highly competitive hedge fund administration contracts, its dependence on hiring and retaining qualified professionals, potential fluctuations in its quarterly operating results, its dependence on certain key employees and its ability to timely and effectively integrate the businesses it may acquire.
CONTACT: Joshua Wolcott Maximum Dynamics, Inc. Tel: 303-733-3484
