SOURCE: Military Resale Group, Inc.

August 23, 2005 08:15 ET

C.TradeUSA Arranges Director of Marketing for MYRG in $16 Billion Dollar a Year Military Resale Market

COLORADO SPRINGS, CO -- (MARKET WIRE) -- August 23, 2005 -- Military Resale Group, Inc. (OTC: MYRG) today announced the appointment of Clara Ines Ospina as their Director of Marketing. Mr. Nick Kontonicolas stated "that we are very fortunate to have Clara as part of our expanding team at MYRG. My plan is to develop and expand markets, introduce high-volume and high-profit items to our ever-expanding product line, and most importantly to introduce and develop quality individuals like Ms. Ospina to the MYRG Group. Clara is my personal choice to lead this company to the next step of our reorganization plan. Clara has the background and marketing skills to fit into our strategic plan to serve the $16 Billion Dollar a year Military Resale Market."

Clara earned postgraduate degrees in Marketing and was Product Manager for both Parke Davis and Bristol Meyer Squibb in her native Colombia. Her expertise is in Strategic Marketing Plans, Marketing Analysis and Research, and New Product Evaluation and Development.

Clara will be working with both regional and national buyers at the Defense Commissary Agency (DeCA) to expand the assortment of products on MYRG's current Blanket Purchase Agreement with the commissary resale system. Additionally, Clara will be responsible for establishing new business relationships with the Army and Air Force Exchange Service (AAFES) and with other procurement entities within the federal military resale system.

Bob Hefner, Chief Operations Officer of Military Resale Group, stated: "We are pleased to have someone of Clara's caliber as a part of our team. Clara is an integral part of our plans to expand our market reach and thus increase profits and shareholder value. I will work closely with Clara to make sure that our goals will be met and even exceeded. She will be a tremendous asset for us in dealing with our existing customer base and better servicing the needs of the 13.7 million Patrons in the future."

About C.TradeUSA, Inc.

The President of C.TradeUSA, Nick Kontonicolas, has over 18 years experience in International Corporate Development and Investing. The C.Trade Group of Companies have extensive holdings in the United States as well as in China, Latin America, Greece, and Bangladesh. C.Trade's portfolio of companies specializes in biotechnology, water remediation, and automotive consultation services. For more information about C.TradeUSA, call its President, Nick Kontonicolas at 212/709-8083 or contact him at ctradeusa@juno.com

About Military Resale Group, Inc.

Military Resale Group, Inc. (OTC: MYRG) is a regional distributor of grocery and household items specializing in distribution to the military market. MYRG distributes a wide variety of items, including fresh and frozen meat and poultry, seafood, frozen foods, canned and dry goods, beverages, dairy products, paper goods and cleaning and other supplies. MYRG's operations are currently directed to servicing the commissary at each of six military installations located in Colorado, Wyoming, and South Dakota, including the Air Force Academy located in Colorado Springs, Colorado. We are approved by the Department of Defense to contract with military commissaries and exchanges.

Forward-looking statements and comments in this press release are made pursuant to safe harbor provisions of the Securities Exchange Act of 1934. Certain statements, which describe Military Resale Group, Inc.'s intentions, expectations or predictions, are forward-looking and are subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Numerous factors, known and unknown to Military Resale Group, Inc., could cause results or events to differ from current expectations.

Contact Information

  • CONTACT:
    Military Resale Group, Inc.
    Edward T. Whelan, 719-391-4564 x103
    Email: Email Contact

    C.Trade Group
    Nick Kontonicolas
    212-709-8083
    Email: Email Contact

    Mackey Freise
    719-540-9632 (Investors and Press)
    Mackey Freise & Associates
    Email: Email Contact