NEW YORK, Jan. 5, 2011 (GLOBE NEWSWIRE) -- International Assets Holding Corporation (INTL) (Nasdaq:INTL) today announced the appointment of Dr. Mo Ahmadzadeh as a Senior Vice President of INTL Commodities, Inc.
Dr. Ahmadzadeh has more than 30 years of global metals brokerage and trading experience and has held senior positions with Mitsui Bussan Commodities (USA), Inc., and Noranda, Inc.'s Rudolf Wolff's U.S. operations. Dr. Ahmadzadeh has extensive knowledge of derivatives markets, served on various exchange committees and has held a number of independent consulting assignments in the metals industry and fund management.
Sean O'Connor, CEO of INTL, said, "I am delighted to have someone with Mo's experience join us. He brings extensive and proven expertise in the metals markets that will enhance our ability to meet our customer's needs. Mo's background in the metals industry allows us to reach a broader and more globally diversified customer base."
Mo Ahmadzadeh added, "INTL FCStone's focus on their customers, as well as their experience and scope of services, makes them an ideal platform for providing not only risk management services, but a broad range of financial services to the markets I have been involved in over the years."
About International Assets Holding Corporation
International Assets Holding Corporation (INTL) provides execution and advisory services in commodities, currencies and international securities. INTL's businesses, which include the commodities advisory and transaction execution firm FCStone Group, serve more than 10,000 commercial customers in more than 100 countries through a network of offices in eleven countries around the world. Further information on INTL is available at .
Forward Looking Statements
This press release includes forward-looking statements including statements regarding the combined company. All statements other than statements of current or historical fact contained in this press release are forward-looking statements. The words "believe," "expect," "anticipate," "should," "plan," "will," "may," "could," "intend," "estimate," "predict," "potential," "continue" or the negative of these terms and similar expressions, as they relate to International Assets Holding Corporation, are intended to identify forward-looking statements.
These forward-looking statements are based largely on current expectations and projections about future events and financial trends that may affect the financial condition, results of operations, business strategy and financial needs of the combined company. They can be affected by inaccurate assumptions, including the risks, uncertainties and assumptions described in the filings made by International Assets Holding Corporation with the Securities and Exchange Commission. In light of these risks, uncertainties and assumptions, the forward-looking statements in this press release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. When you consider these forward-looking statements, you should keep in mind these risk factors and other cautionary statements in this press release.
These forward-looking statements speak only as of the date of this press release. International Assets Holding Corporation undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements.
CONTACT: INTL Commodities, Inc. William Silverstein 212-485-3571 william.silverstein@intlassets.com
