ALAS International Holdings, Inc. aka PV Enterprises

ALAS International Holdings, Inc. aka PV Enterprises International,
Inc. Hires New Chief Financial Officer 
FORT LAUDERDALE, FL -- (Marketwire) -- 10/19/12 --  ALAS aka PVE
International Holdings, Inc. (PINKSHEETS: VDSC) hired a new Chief
Financial Officer Mark Corrao. Mr. Corrao brings to ALAS
International Holdings, Inc. over thirty years of experience in the
financial and accounting areas. Mr. Corrao has spent years in the
Public Accounting arena specializing in certified auditing, SEC
accounting, corporate taxation and financial planning.  
Prior to joining ALAS International Holdings, Inc., he was the Chief
Financial Officer for Business Efficiency Experts, Inc., an
accounting and consulting firm specializing in IPOs, reverse mergers
and raising capital for small to medium size companies.   
Mr. Corrao's background also includes serving as CFO for several
public and private companies. He was involved in numerous IPOs and
has been a guiding influence in several startup companies. He has
also worked on Wall Street as Internal Auditor and Controller with
such prestigious firms as Spear Leeds & Kellogg and Greenfield
Arbitrage Partners. Mark has a B.S. in public accounting from CUNY. 
Additionally, the company has met with several financing groups in
Europe and Latin American to discuss financing opportunities related
to M/V Ocean Star Pacific and M/V Nissos Rodos. The company is also
in discussion with other cruise and ferry owners and operators in
Greece and elsewhere to commence operations in the south Caribbean
In closing, the team at PVE International has been working tirelessly
to complete our objectives. We are making progress and expect that we
will be able to successfully execute on our plans.  
About ALAS aka PV Enterprises International  
ALAS aka PV Enterprises International (PINKSHEETS: VDSC) is a ship
management company involved in the development of passenger vessel,
ferry and cruise opportunities worldwide. The company is currently
looking at several opportunities in Latin American.  
All statements contained in this press release, other than statements
of historical fact, are forward-looking statements, including those
regarding: guidance on our future financial results and other
projections or measures of our future performance; market
opportunities and our ability to capitalize on them; the benefits
expected from new or updated products or services and from other
potential sources of additional revenue; and the impact of management
and organizational changes. These statements speak only as of the
date of this press release, are based on our current plans and
expectations, and involve risks and uncertainties that could cause
actual future events or results to be different than those described
in or implied by such forward-looking statements. These risks and
uncertainties include those relating to: market acceptance of our
products and services; our relationships with customers and strategic
partners; our ability to attract and retain qualified senior
management and other personnel; and changes in economic, political or
regulatory conditions or other trends affecting the healthcare,
Internet and information technology industries. Further information
about these matters can be found in our Securities and Exchange
Commission filings. Except as required by applicable law or
regulation, we do not undertake any obligation to update our
forward-looking statements to reflect future events or circumstances. 
ALAS International Holdings, Inc.
Investor Relations
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