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Friday, December 21, 2007

Penny Stock PCSV, PCS Edventures! Announces CFO Departure

PCS Edventures!.com, Inc. (OTCBB: PCSV) today announced that Shannon M. Stith has resigned as Vice President and CFO effective January 15, 2008, after which she will be employed on a part-time basis until a qualified replacement is determined.

Tony Maher, PCS CEO, said, "In a perfect world, we would have had a bit more lead time and have had the opportunity for a more smooth transition, but we are thrilled for Shannon and her new opportunity. It simply was something she could not turn down and I fully support her going. We are in a national search for a CFO, who is also a CPA, because we feel like as we grow, we need to reach a certain level of sophistication in our CFO. In the meantime, I will act as Interim CFO until we finalize whom we will hire. Our current Assistant to the CFO, Krystal Wright, who already manages the day-to-day accounting functions, will remain."

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