COREwafer Industries Announces New Board Members

HOLLYWOOD, FL / ACCESSWIRE / August 7, 2015 / COREwafer (WAFR) (the "Company") is pleased to welcome three new members to its Board of Directors: Jonathan Baker, Michael Brauner, and Larry G. Striggles.

Jonathan Baker is a retired executive from the custom manufacturing sector, having directed all technical aspects of Production Management, Project Management, Design & Engineering Management, Materials & Production Control Management and Sales Engineering. His accomplishments include increased efficiency in the manufacturing processes, reduced manufacturing lead times and subsequent quality improvement. Mr. Baker holds an engineering degree from the University of Illinois and currently resides in South Florida.

Michael Brauner has over 30 years of executive-level strategic, program and resource development experience in international, national and local nonprofit organizations.

In the international sphere, Mr. Brauner worked with the President`s National Security Council, and the State and Defense Departments on a range of human rights issues related to the former Soviet Union and the "captive" nations. Mr. Brauner also has extensive experience designing and building micro- and macro-economic development and health programs in Latin America. Mr. Brauner formed strategic partnerships with high technology companies to launch model systemic workforce development and community stabilization programs. Among others, the list of high technology strategic partners which invested substantial human and financial resources included: Hewlett Packard, Sun Microsystems, Intel, Cisco Systems and Apple Computer.

Including public and private resources, Mr. Brauner has been responsible for raising nearly 50 million dollars.

Larry G. Striggles served over 23 years as Senior Accountant for the Housing Finance Authority of Broward County where he was responsible for the oversight and preparation of multiple financial statements and information technology enhancements for the agency with over one billion of revenue bonds issued. Larry was primarily responsible for overall activities to ensure integrity of financial statements, operational budgets, and investment portfolio review and analyses. He also evaluated, developed and initiated revisions in established accounting systems, procedures, records and controls. Larry established budgeting systems and procedures to monitor actual performance against budget ensuring all risks are identified, reported and mitigated in accordance with internal policies and communicated to management for cost-savings or profit maximization. Position reviews LOC and wire transfer transactions, reconciliation of investment portfolio, and monitor movement of investment funds at maturity to repurchase through accounting system entry. He prepared and distributed monthly financial statements and investment reports to HFA Board of Directors, Senior Management and professional team and ensured all reports and disclosures complied with applicable governmental standards, professional standards, and organizational policies.

Comprised of seven members, WAFR's Board of Directors also welcomes Dale Churchill, Yonghun Kim, Teresa McWilliams, and Donald C. Bennett (Board Advisor) who were each re-elected to another term this year.

About COREwafer Industries

COREWAFER INDUSTRIES, INC. (WAFR) is a holding company headquartered in Hollywood, FL, that acquires, operates and manages subsidiary companies. The goal of WAFR is to strategically acquire profitable businesses with strong growth potential and a solid business plan in the software and technology industries. For information, visit our new website at www.corewaferindustries.com.

Safe Harbor

This release may contain "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and of Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief, or current expectations of COREwafer Industries, Inc. and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully in its market segment, and the ability to complete some or all of the before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.

CONTACT:

COREwafer Industries, Inc.
Teresa McWilliams, Chief Financial Officer
866-793-1110
t.mcwilliams@corewaferindustries.com

SOURCE: COREwafer Industries, Inc.