Pacific CMA Elects SeaSecure President as Company Director

Pacific CMA Inc., a global freight forwarding and logistics services company, today held a special meeting of shareholders in Los Angeles, electing three new independent directors, including Kim E. Petersen, President of SeaSecure LLC.

FT. LAUDERDALE, FLORIDA (PRWEB) January 24, 2004 -- Pacific CMA Inc., a global freight forwarding and logistics services company, held a special meeting of shareholders in Los Angeles on November 10, electing three new independent directors, including Kim E. Petersen, President of SeaSecure LLC.

The independent directors who will comprise the independent audit committee include Petersen, Tan Kay Hock, managing director of Reinecke & Associates, and Liu Kwong Sang, managing director of K.S. Liu & Company. Pacific CMA Chairman Alfred Lam told meeting attendees that the company in 2002 achieved record results. Lam went to say that he anticipated that for the full year 2003, revenues will approximate $75 million, and that the company will be profitable. He also indicated that in 2004 the company anticipates that internal growth alone will enable it to reach a revenue level of approximately $100 million.

Given the challenges and opportunities associated with global supply-chain commerce, I am enthusiastic about my election to the Board," said Petersen. Pacific CMA is a dynamic and innovative leader in this field, and we are all committed to providing sustained growth and value for our shareholders."

About Pacific CMA:
Pacific CMA is an international, non-asset-based freight forwarding and logistics company, providing air and ocean freight forwarding, contract logistics, and other logistics-related services. The company's large and diverse global and local customers operate in industries with unique supply chain requirements, such as the apparel and technology industries. For more information on the company, visit its Web site: www.pacificcma.com.

About SeaSecure:
SeaSecure is widely recognized as the leading expert in maritime security, and its staff have performed security and vulnerability assessments in over 90 countries and 165 seaports. In 2001, SeaSecure was selected to be the lead security consultant to all of Florida's deep-water ports and, in 2002, to perform seaport and facility vulnerability and threat assessments at dozens of strategic seaports in the US and overseas. SeaSecure's international clients include some of the world's largest seaports, shipping companies, and cruise lines. SeaSecure provides recognized maritime security and ISPS training to governments and industry, including the US and Chinese governments.

About Kim Petersen:
In addition to being the President of SeaSecure, Mr. Petersen is also the Executive Director of the Maritime Security Council, which represents over 70% of the worlds shipping. Kim has over 25-years of experience in security and anti-terrorism activities. His civilian career has included senior staff positions with former US Secretaries of State Kissinger and Haig. He also served at the White House, US Senate, and US Defense Department and is a former Captain in the Armys Special Forces. He has directed security for such companies as Princess Cruises and Renaissance Cruises. He attended Harvard Business School and Virginia Commonwealth University. Kim has frequently given expert testimony before Congress on maritime security and his writings have been published in several journals and books. He lectures extensively and has been featured on such programs as CBSs Sixty Minutes," ABCs 20/20," the Evening News with Peter Jennings, and National Public Radio. He is a Visiting Professor at the UNs World Maritime University and a Senior Associate Instructor at the US Federal Law Enforcement Training Center. In 2003, the Secretary of Transportation appointed Kim to the Marine Transportation System National Advisory Council, and in 2004 he was appointed by the Department of Homeland Security and the US Coast Guard to sit on the Area Maritime Security Committee for Southern Florida.

Contact:
Ron Thomason: 954-567-4700
www.seasecure.com

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