Danier Leather Inc.

Danier Leather Inc.

January 05, 2007 16:00 ET

Danier Leather Announces Senior Appointment

TORONTO, ONTARIO--(CCNMatthews - Jan. 5, 2007) - Danier Leather Inc. (TSX:DL) announced today that Bryan Tatoff will rejoin the company effective January 8, 2007. Mr. Tatoff will resume the posts of Senior Vice President, Chief Financial Officer and Secretary.

Mr. Tatoff had previously resigned from Danier effective September 15, 2006 to take on a senior position with a non-competitive private company. Mr. Tatoff joined Danier in 1996 and was appointed Chief Financial Officer in 1997.

Jeffrey Wortsman, President and CEO of Danier Leather Inc. and the Board of Directors are pleased that Bryan will be rejoining the company and continuing to provide his many contributions.

About Danier

Danier Leather Inc. is a leading integrated designer, manufacturer, and retailer of high-quality leather and suede clothing and accessories. The Company's merchandise is marketed exclusively under the well-known Danier brand name and is available only at its 93 shopping mall, street-front, and power centre stores, or through its corporate sales division. For more information about product and the company, see www.danier.com.

Note: This press release may contain forward-looking statements that involve risks, estimates, and uncertainties. Therefore, actual results may differ materially. Examples of such risks and uncertainties include those associated with product sales, demand for Danier's products, availability of raw materials, foreign sourcing and manufacturing, the class action lawsuit, continued growth of the leather apparel industry, and competition and other associated risks with Danier's business. For an expanded discussion of risks and uncertainties, please see the documents filed by Danier Leather Inc. with the Ontario Securities Commission. Danier disclaims any responsibility to update or revise such forward-looking statements whether as a result of new information, future events or otherwise.

Contact Information

  • Investor Relations Contact
    Danier Leather Inc.
    Jeffrey Wortsman, President and Chief Executive Officer
    (416) 762-8175, ext. 302
    (416) 762-7408 (FAX)
    Email: leather@danier.com
    Website: www.danier.com