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Whitney Information Network Names Charles M. Peck, Chief Executive Officer
Thursday, September 18, 2008 9:32 AM


Whitney Information Network, Inc. (Pink Sheets:RUSS) is pleased to announce the appointment of Charles M. Peck as Chief Executive Officer and a member of the company’s Board of Directors, effective September 17, 2008.

Building on his expertise in direct marketing and sales as well as restructuring, re-engineering, and re-invention of business models both as a senior executive of and a business consultant to high profile public companies, Mr. Peck will be responsible for achieving the profitable growth of the company, domestically and internationally.

“Chuck has distinguished his career through innovative, effective leadership of companies in transition,” said Steven C. Barre, Lead Director. “His outstanding track record includes a rare blend of extensive training, education and technology industry experience, and we are delighted to have him join our team.”

“Under Chuck’s direction, the Company will be performance-driven, unlocking creativity and innovation, with a strong focus on superior new and improved offerings,” said Mr. Barre. “On behalf of the Board of Directors, I want to sincerely thank all of our people for their continued focus and commitment to our company during our search for a new CEO,” he continued.

Mr. Peck commented, “I’m very excited about joining Whitney Information Network. I intend to continue our emphasis on high value financial literacy and entrepreneurial products and services that are attractively priced for their proposition and to focus on expanding into new markets and considering different vehicles for growth beyond internal development, including expanding successful joint ventures, through licensing with financial services professionals and considering acquisition opportunities. The Company has enriched and will continue to enrich lives by providing high quality training and support in financial literacy, entrepreneurship, real estate and financial markets investing to help our clients achieve greater potential for financial independence and a happier, more secure lifestyle. We intend to be the provider of choice in the markets we serve and be respected as a company known for its integrity, professionalism and customer satisfaction.”

Mr.



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