Congratulations to our friend and Advisor, Harry Newton

Posted on April 24, 2014

 

General Employment Enterprises, Inc. forms Advisory Committee, names Harry Newton Its  First Member 

NAPERVILLE, IL, April    22, 2014 – General Employment Enterprises, Inc. (NYSE MKT: JOB)   (the “Company” or “General Employment”) today is pleased to   announce that the Company has formed an Advisory Committee and named   successful entrepreneur, investor, and financial blogger, Harry Newton, as   its first member.Andrew   Norstrud, Chief Executive Officer of General Employment Enterprises,   commented, “Given current plans for expansion and our estimated growth   trajectory over the next several quarters, it was crucial to augment and   diversify the expertise of our team. The new Advisory Committee will be   comprised of individuals with acumen and know-how that range from general and   specific business knowledge to specific industries, and/or operational   skills which management believes to be critical to the success of   the Company. Harry, our first member of the committee, will focus on marketing   of General Employment’s services to potential customers. The Company is   currently reviewing additional candidates and expects to name more members to   the Advisory Committee shortly”.Harry Newton is an entrepreneur who sold his publishing company in 1997   for north of $130 million. Then he became an investor in, and occasionally   chairman of companies he invested in. His expertise is overall business   strategy, marketing and technology integration. He writes a daily financial   blog called – www.InSearchOfThePerfectInvestment.com.   He is also the author of Newton’s   Telecom Dictionary, a best-selling work now in its 27th   edition.

Newton founded and grew seven monthly   magazines — Call    Center,   Computer Telephony, Imaging, LAN (later changed to Network   Magazine), Teleconnect, Telecom Gear and Technology   Investor. He also founded and grew the immensely successful   conventions/ trade shows Call Center Demo and Computer   Telephony Conference and Exposition, which, in its   last year under his control, attracted 26,000 people. He published over 40   books on networking, imaging, telecommunications and computer telephony. In   September, 1997, Newton   and his partner sold the publishing company to Miller Freeman (soon CMP and   now part of United Business Media).

Newton was also a popular public speaker for the telecommunications,   networking and technology industry and provided consulting services to many   telecommunications companies, including some that were later sold (to   companies including Intel) or successfully went IPO. Newton   has an Economics undergraduate degree from Sydney University, Australia and   an MBA from Harvard    BusinessSchool. Mr.   Newton is a referral from Wellfleet Partners, the Company’s new consulting   and advisory firm and is an investor in General Employment’s recent   financing.

More   information on this release can be found on file with the Securities &   Exchange Commission at www.sec.gov.

About General Employment

General Employment is the successor to employment offices doing business since 1893. It was formally incorporated in the State of Illinois in 1962. The Company now provides staffing services through a network of 22 branch offices located in eleven states. The Company operates in two industry segments, providing permanent professional staffing and light industrial temporary staffing.

Forward-Looking Statements

The statements made in this press release that are not historical facts are forward-looking statements.  Such forward-looking statements often contain or are prefaced by words such as “will” and “expect.” As a result of a number of factors, the Company’s actual results could differ materially from those set forth in the forward-looking statements. Certain factors that might cause the Company’s actual results to differ materially from those in the forward-looking statements include, without limitation, those factors set forth under the heading “Forward-Looking Statements” in the Company’s  annual report on Form 10-K for the fiscal year ended September 30, 2013, and in the Company’s other filings with the Securities and Exchange Commission.  The Company is under no obligation to (and expressly disclaims any such obligation to) and does not intend to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

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