Company Press Release
April 21, 2000
HONOLULU, HI -- WSF Corporation (WSF) (OTC BB:WSFI), owners of more than 31,000 acres of ocean-front property in
Belize, announced today the appointment of Jon A. Wilhelm as Senior Vice President and Chief Financial Officer.
Wilhelm has several decades of overseeing financial operations for international companies in both the United States
and Europe and is intimately familiar with financial management, regulatory requirements and corporate management.
Currently, he is the CFO/Controller for two hotel projects and time-share developments in Colorado, valued in excess
of $100 million.
A shareholder in WSF, Wilhelm has an MBA in Finance from the University of Southern California and is a licensed
Certified Public Accountant. Gail Kitaji, Ph.D., remains Treasurer of the Corporation.
WSF assumed an active role in the business and economic development of Belize by establishing the WSF Trust Corporation
of Belize Limited in 1996, sole trustee and asset manager of the property. Through the Trust Company, WSF will
be developing 5,000-acres of its property, to be known as Belizea, just a few minutes north of the Belize International
Airport. When completed, Belizea Estate will include an 800-acre Science and Technology Center, an equestrian community
with 200 five-acre residential properties, and a resort with a championship golf course, a world-class hotel, conference
and gaming facilities. Belize is a quickly-emerging country at the Carribean Coast of the Yucatan Peninsula, currently
one of the fastest growing ecotourism destinations in the world.
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Contact:
WSF Corporation
Jim Boersema, 808/544-3004
jboersema@starrtech.com