Echelon Brands, Ltd. Appoints New CEO as Company Re-Organization Commences.
15 Dezember 2008 - 12:00PM
Business Wire
Echelon Brands, Ltd. (PINK SHEETS: ICTY.PK), formerly known as
Eyecity.com, Inc, announced today Mr. Brad Wilson as the newly
appointed CEO. Mr. James Brola formally resigned his position as
CEO with consideration of the company and the shareholders in mind.
Mr. Wilson will appoint new management and other key individuals
that bring innovative thinking and fresh perspectives to the team.
Over the next several days as the re-organization begins, company
officials will release information allowing the shareholders an
opportunity to understand the direction and the process in which
the company will re-structure. New offices are being established in
Central Florida and should be completed within the next couple of
days. Additionally, corporate books are in the process of being
forwarded to the new corporate attorney also located in Florida.
Echelon Brands, Ltd. has retained the services of Wyndam Media
Group for all investor related questions and comments. CAUTIONARY
STATEMENT ABOUT FORWARD-LOOKING STATEMENTS This press release
contains "forward-looking statements," which are statements related
to future, not past events. In this context, the forward-looking
statements often include statements regarding our goals, plans,
projections and guidance regarding our financial position, results
of operations, market position, pending and potential future
acquisitions and business strategy, and often contain words such as
"expects," "anticipates," "intends," "plans," "believes," "seeks"
or "will." Any such forward-looking statements are not assurances
of future performance and involve risks and uncertainties that may
cause results to differ materially from those set forth in the
statements. These risks and uncertainties include, among other
things, (a) general economic and business conditions, (b) the level
of strategic partner incentives, (c) the future regulatory
environment, (d) our cost of financing, (e) our ability to complete
acquisitions and dispositions and the risks associated therewith,
and (f) our ability to retain key personnel. These factors, as well
as additional factors, could affect our forward-looking statements.
We urge you to carefully consider this information. We undertake no
duty to update our forward-looking statements, including our
earnings outlook.
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