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Ken Hedrick Joins CSMG Technologies as Interim Chief Financial Officer

Friday, October 17, 2008 General News
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CORPUS CHRISTI, Texas, Oct. 16 CSMGTechnologies, Inc., (OTC Bulletin Board: CTGI), a technology managementcompany, announced that Ken Hedrick has joined CSMG Technologies as InterimChief Financial Officer.
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Don Robbins, President and CEO of CSMG Technologies, said: "In our opinionMr. Hedrick has had a highly successful 31 year career in professionalaccounting, financial and administrative management with versatile experienceconcentrated on creating value through sound financial, accounting andadministrative functions. He holds an MBA and has solid experience infinancial reporting for both internal and external purposes for both publiclyand privately owned companies, with over 15 years experience of SEC Reporting.With Big Four (4) Public Accounting experience consisting of Financial,Operational Audits, Project Manager, Senior Auditor and Management AdvisoryServices, Mr. Hedrick has successfully completed consulting projects asInterim CFO and Corporate Controller for publicly owned companies listed onthe NASDAQ and American Stock Exchanges, as well as OTC Bulletin Boardcompanies."
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Mr. Hedrick's consulting experience includes TYCO International, BPAmerica, Health South Corporation, Anadarko Petroleum, Calpine Corporation,and held positions as CFO Industrial Data Systems Corporation, Inc. andEntourage International, Inc. He has been Chief Financial Officer and Directorof Industrial Data Systems, Inc. from 1997 to 2002 and Chief Financial Officerof RMI Pendragon, Inc. from 2002 to 2004 and currently has had a successfulconsulting firm since 2004.

K. Bruce Jones has been instrumental in developing technologies for ourClean Energy Division and will now lead the green energy division.

About CSMG Technologies, Inc.

CSMG Technologies, Inc. together with its subsidiaries operates as atechnology management company. The company engages in owning, developing,patenting, managing, licensing, and marketing technologies including livetissue bonding "Live Tissue Connect, Inc." and recently purchased CarbonCapture Technology, Inc., CO2 (carbon dioxide) separation for coal-fired powerplants.

For further information on CSMG Technologies and its various subsidiaries,please visit our website at http://www.csmgtechinternational.com.

Sign up to receive CSMG Technologies automated email press releases andother notifications: Please go to:http://www.csmgtechinternational.com/contact_information.html and fill-ininformation.

This press release may contain forward-looking information within themeaning of Section 21E of the Securities Exchange Act of 1934 as amended (theExchange Act), including all statements that are not statements of historicalfact regarding the intent, belief or current expectations of the company, itsdirectors or its officers with respect to, among other things: (i) thecompany's financing plans; (ii) trends affecting the company's financialcondition or results of operations; (iii) the company's growth strategy andoperating strategy; and (iv) the declaration and payment of dividends. Thewords "may," "would," "will," "expect," "estimate," "anticipate," "believe,""intend" and similar expressions and variations thereof are intended toidentify forward-looking statements. Investors are cautioned that any suchforward-looking statements are not guarantees of future performance andinvolve risks and uncertainties, many of which are beyond the company'sability to control, and that actual results may differ materially from thoseprojected in the forward-looking statements as a result of various factors.Contact: CSMG Technologies, Inc. Donald S. Robbins, 361-887-7546 President and CEO or K. Bruce Jones, 770-955-0409 or ROI Group LLC. Michael Dodge, 212-495-0744 [email protected]

SOURCE CSMG Technologies, Inc.
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