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CEO America Announces New President to Lead CREDITZ(R) Digital Currency Deployment in USA and Canada

LAS VEGAS, Aug. 18 /PRNewswire-FirstCall/ -- CEO America, Inc. (Pink Sheets: CEOA), the exclusive North American licensee of CREDITZ(R) digital currency, announced today the appointment of C. Clifford Wright, Jr. to the positions of President and Chief Financial Officer effective immediately.

David Vaters, Chairman and former President of CEOA, stated "We are pleased to have Clifford Wright take the helm of the company and management team to lead the deployment in the USA and Canada. Clifford, a CPA, has a long history in sales and marketing strategy, internal and external growth, financing, executive management in both public and private companies.

"Mr. Wright's career has included founding and taking American Residential Services, Inc. public on the NYSE, co-founding several private companies, serving as a regional director of finance for KPMG, and serving in management positions at Browning-Ferris Industries, Inc."

Clifford Wright stated, "I will be focused on revenue and profit generation as well as adding human resources for sales and marketing, improving investor relations, completion of an audit and enhancing the Company's profile." Mr. Wright stated, "I am looking forward to taking advantage of both the timing in the markets and the technology of the CREDITZ(R) system to further shareholder value."

CEO AMERICA INC. is the exclusive North American licensee of CREDITZ(R) digital currency (www.creditz.com). CREDITZ(R) is a 21st Century loyalty payment system that integrates transactional data with business intelligence and marketing into its operating platform, enabling merchants to drive incremental revenue based on this improved knowledge and intimacy with the consumer. CREDITZ((R)) provides a unique, cost-effective marketing and payment solution to merchants, as well as manufacturers and other marketers who are seeking a cost-effective method to provide incentives to consumers.

The information contained in this news release, other than historical information, contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Although CEOA believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct.

    Contact: Clifford Wright
    713.922.0991
    clifford.wright@creditz.com

SOURCE CEO America, Inc.