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Tigrent Inc. Appoints Anthony C. Humpage To its Board of Directors

2012-05-31 07:42 ET - News Release

2012 Annual Meeting Election Results Announced

CAPE CORAL, Fla., May 31, 2012 /PRNewswire/ -- (TIGE) -- Tigrent Inc. is pleased to announce the appointment of Mr. Anthony C. Humpage to the Company's Board of Directors effective May 23, 2012. Mr. Humpage will also serve on the Company's Audit and Compensation Committees.

Mr. Humpage is Chief Financial Officer of the Rich Dad Company, which licenses its Rich Dad™ brand to Tigrent for financial education programs.  A Rich Dad company is also a significant Tigrent shareholder.  Mr. Humpage was previously Executive Vice President and Chief Financial Officer of Government Liquidation, the leading online auction website for federal government surplus and scrap assets, from 1998 to 2011.  Earlier in his career, he worked in the construction materials, manufacturing and professional service industries specializing in early-stage and troubled organizations. A certified public accountant and a British chartered accountant, he holds a MBA Finance degree from Western International University.

"We are pleased to welcome Anthony, and appreciate the talents and perspectives that he brings to the Board," said Murray A. Indick, Chairman of the Board of Tigrent.

"Our relationship with the Rich Dad Company is vital to Tigrent," said Steven C. Barre, Chief Executive Officer of Tigrent.  "We look forward to the contributions Anthony will make to our organization as we work toward continued success as partners under the Rich Dad brand."

Tigrent also announced that the results of the shareholders' votes have been certified for the Company's 2012 Annual Meeting of Shareholders held on May 23, 2012.  The shareholders voted to re-elect the Company's prior directors: Steven C. Barre, J. Hunter Brown, James K. Bass and Murray A. Indick. Additionally, the shareholders voted in favor of ratification of the Company's auditors and for approval of the Company's 2012 Incentive Plan.

About Tigrent Inc.:

Tigrent Inc. is a leading provider of educational training seminars, conferences and services that help students become financially literate. The Company provides students with comprehensive instruction and mentoring in real estate and financial instruments investing in the United States, Canada and the United Kingdom. Additional information can be found at www.tigrent.com.

Special Note Regarding Forward Looking Statements:

This document contains certain forward looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Forward-looking statements deal with our current plans, intentions, beliefs and expectations and statements of future economic performance, and include statements regarding the outcomes and effects of pending regulatory and other investigations. Forward-looking statements involve known and unknown risks and uncertainties which may cause our actual results in future periods to differ materially from what is currently anticipated. No forward-looking statement is a guarantee of future performance, and investors should not place undue reliance on any forward-looking statement. The Company undertakes no obligation to update publicly any forward-looking statements for any reason, even if new information becomes available or other events occur in the future.

SOURCE Tigrent Inc.

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