NewBold Technologies Inc. names president.
EAST LIVERPOOL - The information technologies firm, Newbold Technologies Inc. (NBT), located in East Liverpool, has hired Dr. Jeryl Schreiner to serve as president of the firm.
Craig Newbold, who established the organization in 2004, remains CEO. However, since the majority of Newbold's time is now dedicated to his new role as state representative for 1st District, Schreiner will take responsibility for strategic initiatives as well as the day-to-day operations of the corporation.
NewBold Technologies provides a broad variety of Application Support Services for companies that want an effective alternative to off-shoring software development jobs to other countries. NBT also provides Infrastructure Support Services, i.e. networking, hardware and software support, etc., to local firms.
Leading technology firms has been a passion throughout Schreiner's multi-faceted career. She has led large organizational information technology divisions at corporations like Weirton Steel, MetalSite, and ScrapSite. Most recently, she used her talents to create and manage two corporations, Idea Foundry and WillowRock Inc., focused on investing in and assisting startup companies. She has also taught and directed educational programs at the high school, college and corporate levels.
Schreiner was born and raised in East Liverpool and is a graduate of East Liverpool High School, class of 1972. She received multiple bachelor degrees in Mathematics, English and Computer Science. Furthering her education she obtained a Masters in Education from the University of Dayton and her Doctorate of Science in Information Technology and Communications from Robert Morris University.
NewBold Technologies has developed, tested, and supported software for clients across the United States and partners with CIBER, Inc., an international system integration consultancy.
Accounting office relocates
EAST LIVERPOOL - The accounting offices of L.J. Cline and Associates has relocated to 129 E. 5th St., the Mezzanine Mall, in downtown East Liverpool.
Linda Haustman has more than 30 years experience in the accounting field. The firm does individual, partnership, and corporate tax returns. Additional services include payroll, bookkeeping, and electronic filing of tax returns.
The office hours are 9 a.m. to 5 p.m. with evenings by appointment. The office is located on the first floor of the Mezzaine Mall.
For more information call 330-385-7700.
1st Banc reports quarterly dividend
EAST LIVERPOOL The Board of Directors of Tri-State 1st Banc Inc. declared its normal quarterly dividend in the amount of $.05 per share on both Common Stock and Preferred Series A stock for the 1st Quarter of 2011.
In January, the company paid a 25 percent stock dividend to its existing shareholders.
Since the dividends were not reduced in the first quarter from the previous level, in effect shareholders will receive 25 percent more as the return on their investment from shares held prior to the stock dividend.
The dividends were declared at a meeting of the Board of Directors on Feb. 23, and will be paid on March 28 to shareholders of record on March 7, 2010. The predecessor of the company was the 1st National Community Bank and those shareholders have been paid a dividend each year since 1990. 1st National Community Bank was chartered in June 1987.
There are 986,033 shares of common stock of Tri-State 1st Banc outstanding and if the number of shares does not change on the record date, the company will pay $49,302 to stockholders.
The Board of Directors also approved the payment of the scheduled annual dividend to holders of the Series B Preferred stock at a total cost of $241,600. This dividend will be paid on April 1, and also is payable to shareholders of record on March 7, 2010.
"Capital is the most critical commodity in the financial industry today," said Charles B. Lang, chairman of Tri-State 1st Banc Inc. "Capital enables banks and other financial companies to support deposit growth, assume a reasonable level of risk in building loan portfolios, open additional customer service offices or acquire new offices in new markets.
"We have been most fortunate over the last 24 years to have so many investors who believed in our mission and this has been primarily responsible for our success. Dividends are the way we can say 'thank you' to our investors."