Sub-Urban Brands Strengthens Board of Directors with Addition of Veteran Financial and Apparel Industry Executives; Meriwether
07 July 2006 - 6:01AM
Business Wire
Sub-Urban Brands, Inc. (OTCBB:SUUB), a multi-brand apparel company
pursuing explosive revenue growth in the global fashion industry,
has announced that David Howitt, CEO and President of The
Meriwether Group, and John Koufis, CFO and Executive Vice President
for Knights Apparel, have joined the Company's Board of Directors.
"Planning, insight and experienced decision making are all
essential to Sub-Urban's long-term business strategy," said Joe
Shortal, CEO of Sub-Urban Brands, Inc. "The addition of John Koufis
and David Howitt are essential to that strategy. John offers
valuable financial and product-to-market knowledge, while David
lends his vast licensing and brand building experience." Mr. Howitt
is the CEO and President of The Meriwether Group and Meriwether
Capital Partners, firms that concentrate on strategic business
acceleration and venture funding for dynamic companies and brands.
Prior to founding Meriwether, he was the Director of Licensing and
Business Development for Adidas America. Additionally, he served as
Corporate Counsel for Adidas. Mr. Howitt received a BA from Denison
University and a JD from the Lewis & Clark Northwestern School
of Law. Mr. Koufis currently serves as CFO and Executive Vice
President for Knights Apparel, a leading supplier of licensed
professional and college team apparel, where he manages all
financial, systems and administrative operations. He began his
career with Coopers and Lybrand working with marketing and consumer
products clients and later moved to private industry holding
executive positions in those same industries. Sub-Urban's
provocative brands have been widely featured in high-profile
fashion magazines, online publications and news media. The Company
is committed to aggressive appreciation through organic and
acquisitioned growth, including the purchase of additional
trademarked apparel and accessory lines. Sub-Urban brands are sold
at trendsetting retailers, and currently include the pop culture
phenomena WHITEBOY(R). Other lines include WHITEBOY for Women,
BLACK JESUS and PYT (Pretty Young Thing). About Sub-Urban Brands
Sub-Urban Brands, Inc. is a multi-brand company which designs and
markets cutting-edge lifestyle apparel that targets the
rapidly-growing multibillion-dollar youth consumer marketplace. The
Company pursues robust revenue-generating opportunities within
multi-tiered retail markets that leverage multiple brands and
market segments to create financial success. Sub-Urban is committed
to further expansion and increased shareholder value through both
the internal development of intellectual property and acquisition
of additional brands, as well as to the establishment of new
international marketing alliances that will reinforce its recurring
and non-recurring revenue streams. Inspired by the energy and vigor
of youth, fashion, music, sports and entertainment, Sub-Urban is
initially focused on creating a family of non-competing brands for
its key target consumer, an estimated 40 million 15-29 year olds.
Sub-Urban's current portfolio of trademarked apparel and accessory
brands includes WHITEBOY(R) for Men, WHITEBOY(R) for Women and
BLACK JESUS(R) streetwear apparel and PYT styles for younger girls.
Consistent with the company's high growth strategies, the Company
will be actively marketing these brand offerings to Japan, Canada,
Australia and 25 European countries. For additional information,
please visit www.whiteboy.com. For more investor oriented
information about Sub-Urban, visit
http://www.trilogy-capital.com/tcp/sub-urban/. For current stock
price quotes and news, visit
http://www.trilogy-capital.com/tcp/sub-urban/quote.html. To view an
Investor Fact Sheet, visit
http://www.trilogy-capital.com/tcp/sub-urban/factsheet.html.
Forward-Looking Statements This press release includes statements
that may constitute forward-looking statements, usually containing
the words "believe," "estimate," "project," "expect," or similar
expressions. These statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements inherently involve risks and
uncertainties that could cause actual results to differ materially
from the forward-looking statements. Factors that would cause or
contribute to such differences include, but are not limited to,
continued acceptance of the Company's products and services in the
marketplace, competitive factors, dependence upon third-party
vendors, availability of capital and other risks detailed in the
Company's periodic report filings with the Securities and Exchange
Commission. By making these forward-looking statements, the Company
undertakes no obligation to update these statements for revisions
or changes after the date of this release.
Sub Urban Brands (CE) (USOTC:SUUB)
Historical Stock Chart
From Jun 2024 to Jul 2024
Sub Urban Brands (CE) (USOTC:SUUB)
Historical Stock Chart
From Jul 2023 to Jul 2024
Real-Time news about Sub Urban Brands Inc (CE) (OTCMarkets): 0 recent articles
More Sub-Urban Brands, Inc. News Articles