ATLANTA, 6 November 2007 — TRX, Inc. (NASDAQ: TRXI), a global technology company that develops and hosts software applications to process data records and automate manual processes, today announced the appointment of Mark R. Bell to the Company's Board of Directors. He will serve as a director and as a member of the Audit Committee and the Compensation, Corporate Governance, and Nominating Committee of the Company's Board of Directors.
Mr. Bell is considered to be an independent director, as defined by the rules of the NASDAQ Stock Market ("NASDAQ"), and an audit committee financial expert, as defined by the Securities and Exchange Commission. The Company expects that his appointment as an independent director on the Company's Audit Committee will restore the Company's compliance with the NASDAQ listing rules.
Mr. Bell is a retired Senior Partner of PricewaterhouseCoopers, LLP with over 36 years of experience. During his career, he has worked with Fortune 500 companies in a leadership position providing a wide range of audit professional and advisory services. He is a certified public accountant and a member of the AICPA and Georgia Society of CPAs. He currently serves as a member of the Board of Directors and as Chairman of the Audit Committee of Reliability First Corporation.
"We are excited for Mark to join our Board of Directors," commented Trip Davis, TRX President and CEO. "He brings a powerful combination of skills and experience to the table for our Board, management team, and shareholders." |
