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Encounter Technologies, Inc. Expands Corporate Management with Appointment of New CEO

NEW YORK July 19, 2011 Encounter Technologies, Inc. (ENTI:PK) Thomas E. Hargis Anthony DiBiase Pegasus Tel, Inc. (PTEL:BB)

Pegasus Tel, Inc. (PTEL:BB

Thomas Hargis $1.5 million

Northwestern State University New Orleans North Carolina $1 million

"I am looking forward to the opportunity presented with Encounter," says Hargis. "I think the underlying technology for the IYP presents opportunities for this company in several sectors of business, including government contracts. I see us moving in new directions as we go forward. I know there’s a great potential here for social networking and private sector marketing for intranet infrastructures."

Hargis says of himself that he is a goal-oriented manager. He likes to see things moving forward and making the most of key people within his organizations. When asked how his degree in Social Science benefits a technology company, Hargis replied, "The Internet is a study in human and social behavior. The most successful Internet plays are driven by how people function. Understanding how people use technology helps us to make better products for them. Increasing productivity, connectivity, interaction and on-demand services all factor into our plans for the future."

According to Hargis, in the coming days his new team will move into place and ENTI will begin to position itself in the marketplace as a technology incubator and innovator. He plans on getting up to speed on the current state of affairs within the company and looks forward to keeping investors informed through podcasts, video and press releases.


Encounter Technologies, Inc Encounter Technologies, Inc. Encounter Technologies, Inc.,

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements as a result of various factors and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place under reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Encounter Technologies, Inc. under take no obligation to update such statements.

Encounter Technologies, Inc.
[email protected]

SOURCE Encounter Technologies, Inc.

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