SOURCE: Distribution Management Services, Inc.

November 02, 2007 12:46 ET

Distribution Management Services, Inc. ("DMGS") Announces Executive Expansion

MIAMI, FL--(Marketwire - November 2, 2007) - The Board of Directors of Distribution Management Services, Inc. (PINKSHEETS: DMGS) is pleased to announce the expansion of its Executive Staff to facilitate the closing on November 20, 2007, of 174 of its properties for the sum of $8,700,000 and the distribution of the $0.10 (ten cent) (per share) dividend to stockholders of record as of November 20, 2007.

With the substantial expansion of its business activities, the Board deems it appropriate to employ additional Executive Staff to assist the President, Leo Greenfield, in his executive duties and bringing all SEC filings to a current status within three weeks and thereafter seeking the reinstatement of its status on the OTC Bulletin Board in order to accomplish that end while effectively maintaining the status and expansion of the Company through new appropriate acquisitions, and to facilitate the appropriate distribution of the dividend to stockholders of record as of November 20, 2007.

The Board has therefore determined to employ Randolph S. Hudson and Roy Hopkins, each considered an outstanding expert in all matters of compliance with all SEC requirements, filings, accounting and all practices pertaining to public company operations. Each is also well experienced in various large and small business operations under security regulations as now affecting small business operations.

Mr. Hudson is fluent in several languages, which will facilitate the Company's goal to become a global organization in acquisition and growth activities.

Mr. Roy Hopkins carries a national reputation for his expertise in SEC regulations and compliance matters.

Each is being employed in an executive position to assist and advise the President in all matters pertaining to the operations of the Company and to counsel and assist the Board of Directors in all phases of the Company's operations including acquisitions to accelerate the growth of the Company.

The officers and directors of the Company are optimistic and believe that the operations of the Company with the assistance of Messrs. Hudson and Hopkins will produce substantial positive results for the Company and its stockholders with all looking forward to the closing on November 20th and the distribution of the $0.10 per share dividend to all long-standing stockholders as well as all stockholders coming aboard by November 20th.

We all look forward to serving the Company and its stockholders and investors.

U.S. Federal Law requires us to tell you that some of the statements DMGS is making in this report are subjective. These types of statements may be considered "forward-looking statements," as that term is defined in Section 27A of the Securities Act of 1993 and in Section 21E of the Securities Exchange Act of 1934, which are referred to as "statutory safe harbor" provisions.

Contact Information

  • For further information call
    Leo Greenfield
    President
    DISTRIBUTION MANAGEMENT SERVICES, INC.
    Telephone 305.893-9270
    Fax 305.893-6696
    11601 Biscayne Boulevard
    Miami, FL 33181