Trans World Corporation Appoints Patrick J. Bennett to Board of Directors
NEW YORK -- February 6, 2013
Trans World Corporation (OTC: TWOC) (“TWC” or the “Company”), a premier owner
and operator of casinos and a hotel in Europe, today announced that Patrick J.
Bennett, Sr., has joined the Company’s Board of Directors as an Independent
Director effective immediately.
Mr. Bennett’s background includes more than 25 years experience in business
development, primarily within the telecommunications industry, including
several executive leadership positions for both national and international
corporations. Mr. Bennett brings to Trans World an extensive background in
business, as well as in technology and communications which the Company
believes will be applicable to its future development given the continuous
technological advancements within the industry.
Mr. Bennett is the Founder and President of CEO Strategies Group, a private
consulting firm focused on providing business development strategies for
executive management teams of public- and privately-held companies. Mr.
Bennett previously served as President and Chief Executive Officer of Covad
Communications, an American provider of broadband voice and data
communications, where he was responsible for developing long-term business
strategies to reach and maintain profitability.
Rami S. Ramadan, Chief Executive Officer of TWC stated, "We are extremely
pleased to welcome Pat to the Company’s Board. We are confident that his
background in executive-level management consulting, combined with his
experience in dealing with financial markets, will prove to be an invaluable
resource for the Company. We look forward to working with him in the years
About Trans World Corporation
Trans World Corporation, founded in 1993, is a publicly traded, US corporation
with all of its gaming and hotel operations in Europe. Additional information
about TWC and its Czech subsidiaries, American Chance Casinos and Hotel
Savannah, can be found at www.transwc.com, www.american-chance-casinos.com and
The press release herein contains certain forward-looking statements and data.
For this purpose, any statements and data contained herein that are not
historical fact may be deemed to be forward-looking data. Without limiting the
foregoing, words such as “may,” “will,” “expect,” “believe,” “anticipates,”
“estimates,” or “continue” or comparable terminology or the negative thereof
are intended to identify certain forward-looking statements. These statements,
by their nature, involve substantial risks and uncertainties, both known and
unknown, and actual results may differ materially from any future results
expressed or implied by such forward-looking statements. The company
undertakes no obligation to publicly update or revise any forward-looking
statements or data whether as a result of new information, future events or
Trans World Corporation
Jill Yarussi, Manager of Communications
Investor Relations Counsel:
The Equity Group Inc.
Adam Prior, Vice President
Terry Downs, Account Executive
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