Mr. Hussain studied engineering at Cornell University, eventually taking a Bachelor of Science degree in computer science and electrical engineering at Rice University. In addition he holds a masters degree in engineering from the University of Texas at Austin. He is one of the founders of CresSoft.
WENR's CEO, Richard Hagman, said, "We are very pleased that we can continue a wonderful, working relationship with Mr. Hussain. We have derived significant insights into the rapidly developing concepts inherent in the information revolution. The quality and depth of these insights are largely due to Mr. Hussain and the pioneering work of CresSoft. We are especially pleased that a person of Mr. Hussain's high caliber will be available to us, as needed, for the evaluation of acquisition opportunities."
Mr. Hussain said, "WENR has a compelling M & A business model for e-commerce businesses. CresSoft, an ISO 9000 company, is poised for rapid growth in its provision of leading e-commerce and Internet technology services to Fortune 500 and other clients. I look forward to a mutually beneficial relationship that will enable both companies to become dominant players in this space."
WENR Corp. is headquartered in Los Angeles and maintains an office in the Denver Technology Center, Englewood, Colorado.
Contacts: Richard Hagman, CEO, WENR Corp., (303) 771-6601;
rhagman@msn.com
Dan Green, President, WENR Corp., (310) 337-0998; dgreen@wenr.net
Yusuf Hussain, CEO, CresSoft, Inc., (303) 596-5600; yusuf.hassain@cressoft.com
Disclaimer
This news release contains information that is "forward-looking"
in that it describes events and conditions, which WENR Corp. reasonably
expects to occur in the future. Expectations for the future performance
of the business of WENR is dependent on a number of factors, and there
can be no assurance that WENR will achieve the results as contemplated
herein. The accuracy of these statements cannot be guaranteed as they are
subject to a variety of risks including the possibility that the described
activities will not be completed.