International Media Mogul Roderick M. Sherwood III Added to RYU Apparel Inc. (OTCQB: RYPPF) Advisory Board
10 August 2022 - 10:30PM
RYU Apparel Inc. (TSXV: RYU) (OTCQB: RYPPF) (FWB: RYAA)
(“
RYU” or the “
Company”), a cutting-edge lifestyle
brand, and creator of award-winning urban athletic apparel that
facilitates human movement, is proud to announce that Roderick
(‘
Rod”) M. Sherwood III has joined the Company’s advisory
board.
Mr. Sherwood III received an AB degree with Honors and
Distinction from Stanford University and an MBA degree from Harvard
Graduate School of Business.
Mr. Sherwood brings significant experiences and talent to the
advisory board including but not limited to being the Co-Founder,
Co-Chairman & Chief Executive Officer for Cinémoi NA (including
CineMoiWorld). He is also the Chairman of Multivision Media
International and a member of the Board of Advisors of the Stanford
Disruptive Technology & Digital Cities Program.
He has served as President & CEO of Westwood One
(syndication and distribution of programming to over 5,000 radio
stations and 165 TV stations), whose key partners include the
National Football League (NFL) and the NCAA (basketball and
football). In addition, he was a member of the Board of DIRECTV
Galaxy Latin America and Executive Vice President of DIRECTV
International, President of Spaceway, SVP of Operations & CFO –
Hughes Telecommunications and Space Company, SVP & CFO of
Gateway, Inc. (Computers) and EVP & CFO and Head of Internal
Operations for Loudcloud/Opsware, Inc.
RYU CEO Cesare Fazari said: “We are excited to add Rod to our
accomplished and innovative advisory board. We are strategically
positioning RYU as a major player within the intersection of
physical retail and Web 3.0, digital media, and metaverse
opportunities. Our advisory board additions add invaluable
experience to the RYU leadership within this space. Their expertise
aligns with RYU as a lifestyle brand that is truly driven by our
core values of Respect, Integrity, Strength, and Sustainability.
RYU is being positioned to challenge the likes of Lululemon, Nike
and Adidas and we are setting aggressive goals for exponential
growth to become a global brand in both the physical world and the
metaverse.”
About RYU Apparel Inc.
RYU Apparel Inc. (TSXV: RYU, OTCQB: RYPPF), or
Respect Your Universe, is an award-winning urban athletic apparel
and accessories brand engineered for the fitness, performance and
lifestyle of the athletic man and woman. Designed without
compromise for fit, comfort, and durability, RYU exists to
facilitate optimal human performance. For more information, please
visit the RYU website at: http://ryu.com
Our multipurpose products are engineered for both performance
and everyday wear. Made with high-quality materials and innovative
techniques, we craft products for your every step, every stroke and
every stride. No distractions, only progression. Our products are
designed, developed and tested at our corporate headquarters in
Vancouver, BC, Canada. Production takes place in factories located
in North America and Asia.
Forward-Looking Statements DisclaimerNeither the TSX
Venture Exchange Inc. nor its Regulation Service Provider (as that
term is defined in the policies of the TSX Venture Exchange Inc.)
accepts responsibility for the adequacy or accuracy of this press
release.
This news release contains forward-looking information that
involves various risks and uncertainties regarding future events.
Such forward-looking information can include without limitation
statements based on current expectations involving a number of
risks and uncertainties and are not guarantees of future
performance of RYU, such as statements that: RYU will sell products
or receive media exposure as a result of new immersive retail
systems. There are numerous risks and uncertainties that could
cause actual results and RYU’s plans and objectives to differ
materially from those expressed in the forward-looking information,
including but not limited to: (i) adverse market conditions; (ii)
the inability of RYU’s immersive plans to result in a positive
contribution. Actual results and future events could differ
materially from those anticipated in such information. These and
all subsequent written and oral forward-looking statements are
based on estimates and opinions of management on the dates they are
made and are expressly qualified in their entirety by this notice.
Except as required by law, RYU does not intend to update these
forward-looking statements.
RYU APPAREL INC. Cesare Fazari Chairman & Chief
Executive Officer(416) 434-5750
Corporate Communications investors@ryu.com www.ryu.com
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