SOURCE: Aegis Investment Management

Aegis Investment Management

December 21, 2010 11:29 ET

Aegis Investment Management Appoints Paul M. Mangiamele as Chairman, President and Chief Executive Officer

Michael Levy Promoted to Executive Vice President and Marc Hobler to Chief Product Officer

VANCOUVER, BC--(Marketwire - December 21, 2010) - Aegis Investment Management, Inc., a leader in the development and sale of franchised golf centers, announced today that Paul M. Mangiamele has been appointed chairman, president and chief executive officer of the company, Michael Levy to executive vice president and Marc Hobler to chief product officer.

Mangiamele will replace Tom Matzen as chief executive with Matzen assuming the role of external director. Matzen founded the company in 2000 and under his leadership the brand has developed from a vision to the world's first franchise golf company. 

Mangiamele is a Certified Franchise Executive with more than 30 years of experience in franchise development, broker and distributor networks, and building and leading teams in start-up, growth and Fortune 500 environments. He has an extensive background in the restaurant, retail, hospitality and franchising industries and most recently served as president & CEO of Salsarita's Fresh Cantina. 

"I'm honored to be the new leader of Aegis and hope to inspire success among all of my colleagues as we look to grow the brand and create a global enterprise," said Paul Mangiamele, CEO, Aegis Investment Management. "Our mission is to bring the fun of golf to more people in a compelling and entertaining franchise business model and I look forward to working with entrepreneurs, consumers and members of the franchise industry to increase awareness about our unique golf concepts. Additionally, 2011 should be an exciting year with the launch of our new 'eatertainment' concept, Links Golf Café."

Prior to Salsarita's, Mangiamele spent four years with Austin, Texas-based Sport Clips Inc. in various roles, including chief operating officer. Mangiamele helped lead the hair salon franchise company as it grew from 100 to 500 locations. His diverse background also includes serving in various leadership positions at Dalt's Classic American Grill, Regis Corporation, Sylvan Learning Systems and Carlson Companies, Inc., franchisor of Radisson Hotels, Country Inns and Suites, and TGI Friday's. He also was owner and franchisee of the Pizzeria Uno's system, now known as the Uno Restaurant Corp.

Additional management announcements included the appointment of Michael Levy to executive vice president. Levy has been with Aegis for five years and manages the company's finances, plans financial strategy and coordinates financing programs for the company's franchise owners. In his new role, Levy will continue his duties as chief financial officer and chief information officer. He is a member of the Human Resources & Compensation Committee, the Audit Committee and the Environment, Safety & Health Committee.

Lastly, Marc Hobler has been promoted to chief product officer. Hobler has been with the company for two years and has been responsible for driving internet product investments and managing the strategic planning process. He is also a regional franchisee in the Northeast and New England. Prior to joining Aegis, Hobler worked at Intel for 15 years in product development.

About Aegis Investment Management (Golf), Inc., symbol AIM.V
Aegis is a Vancouver, Canada based Franchise Company building shareholder value and profits by introducing the first of its kind "eatertainment" concept, "Links Golf Cafes," where the Golf and Restaurant industries intersect. Their Parmasters Golf Training Centers has, as its central focus, a training methodology that is guaranteed to assist golfers lower their scores, have more fun and stay connected literally around the world.

Led by an experienced franchise development team, each concept is designed to help Individual Franchise Owners and Area Developers use the blended growth strategy to attain their financial and business objectives.

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