$SWRM AppSwarm Announces Appointment of Christopher Bailey

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$SWRM AppSwarm Announces Appointment of Christopher Bailey as New CEO

https://www.globenewswire.com/news-release/20...w-CEO.html

Tulsa, OK, Aug. 17, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- AppSwarm, Corp. (OTC: SWRM), a software development company and aggregator of mobile applications, is pleased to announce the appointment of Christopher Bailey as the new company Chief Executive Officer (CEO).

Christopher Bailey has over two decades of business experience, brand development and management in the IT and software development sectors. For the past fifteen years, Christopher’s focus has been proprietary software development that enhances business services, and digital marketing and software development for companies in the launch or emerging growth stage.

Mr. Bailey has consulted with or helped launch numerous corporate entities and as of 2013 he has been involved with all creative and management development for three publicly traded mobile application companies. As well, Mr. Bailey understands the publicly-traded company sector, having served as CEO of an emerging software development entity.

Christopher’s experience and history includes: digital marketing, e-commerce, software development, search engine optimization, website development, creative design print – video – audio production, IT marketing consultancy, and executive management for emerging growth opportunities.

Christopher Bailey, the CEO of AppSwarm, Corp., commented, "I am very excited to be part of the AppSwarm team and provide my vision for the future of the company based on my years of experience and leadership in both technology and public company management. One of my first goals will be to review core business segments under the company to provide a clearer focus on operations and shelve non-performing assets for the time being.”

"The next step will be appointing team project managers to oversee DevOps and report on the performance of these individual business projects. In addition, we will begin reviewing ways to reduce share issuance, maintaining lean operating expenses, and will lay out a clear revenue business model to begin supporting the overhead operations for the company."

Based on initial review the company does not foresee the need for reverse restructuring of its capital structure for the remainder of fiscal year 2021.

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