BALTIMORE, MD--(Marketwired - Jun 17, 2013) - Goldman Small Cap Research, a stock market research firm focused on the small cap and micro-cap sectors, notes that the newly appointed CEO of INSCOR, Inc. (OTC Pink: IOGA) is a major win for the Company and could serve as a catalyst on the business generation front. Inscor, Inc. (OTC Pink: IOGA) is a provider of low-cost solutions to funding retiree and other employee benefits.
INSCOR's new CEO, Kenneth E. Andam, is no small-time Chief Executive Officer. A serial entrepreneur, Mr. Andam has founded and operated a number of highly successful local and international companies in the technology, mobile payment, social crowd sourcing space, and online applications space, as well as the consumer and energy sectors. Currently, serves as Chairman of Kenny Andam Company Limited (KAC LTD), an investment and infrastructure development company with a portfolio of fully 20 incubation, start-up, and mid-stage businesses. Considering Mr. Andam's deep experience in building early-stage firms, this hire should be perceived as a major coup for the young company, as it also enables Richard Doerr to assume the role of Chief Operating Officer.
In fact, Mr. Andam could turn out to be a huge rainmaker for INSCOR. In addition to his business and athletic achievements and accolades, Mr. Andam is also uniquely connected to major governmental, industrial, technological, sports, and entertainment industry leaders globally. As a result it is logical to assume that Mr. Andam will seek to leverage and monetize his contacts in order to generate funding solutions business for INSCOR.
Separately, Mr. Andam is also a Track and Field Star who has competed in many international track and field competitions worldwide including in the 2000 Olympic Games in Sydney, Australia and the 2001 World Track and Field Championships in Edmonton, Canada. Shareholders should look forward to Mr. Andam's abilities, contacts and penchant for speed to enable management to achieve some of its objectives sooner than previously ascertained.
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About INSCOR, Inc. (OTC Pink: IOGA): INSCOR, Inc. specializes in educating and marketing the FIT OPEB plan to municipalities and corporations as a low-cost solution to funding retiree and other employee benefits. A FIT plan variation also works for affluent individuals, entertainers and professional athletes -- whether for estate planning or funding cash flow needs. INSCOR's "FIT" (Financed Insurance Trust) strategy uses a combination of favorable financing terms, innovative uses of specific life insurance products and trusts -- all of which result in minimum levels of out-of-pocket costs for producing significant future funding and revenue stream opportunities. For more information visit: www.ins-cor.com .
Goldman Small Cap Research Rob Goldman Analyst 410-609-7100 rob@goldmanresearch.com
