SOURCE: Energy King

October 03, 2011 08:00 ET

Energy King, Inc. Appoints a New Member to the Management Team and Board of Directors

MISSION VIEJO, CA--(Marketwire - Oct 3, 2011) - The Energy King, Inc. (PINKSHEETS: ENKG) Board of Directors is pleased to announce the appointment of Stuart Volkow to the Company's Board and as Executive Vice President of Mergers and Acquisitions. Mr. Volkow will become the third member of the Company's Board.

Mr. Volkow has spent over 20 years in the media technology industry with companies such as One Llama Media, Fifth Avenue Channel and The Institute. For 15 years Mr. Volkow has served as an instructor at UCLA Extension in the Business and Management department with courses focused on encompass production, emerging media business, technology and production and is an independent consultant. Stuart received his Bachelors degree in Physiology at Southern Illinois University; if you would like to know more about Mr. Volkow, please see him on LinkedIn at: http://www.linkedin.com/in/svolkow

Energy King, Inc. CEO Michael Cummings stated, "We are delighted that Stuart has joined the Management team and the Board of Directors at this important stage for Energy King. Stuart's appointment follows closely behind that of Larry Weinstein as COO, adding significant depth and breadth to the board and management of the Company as we look to implement our new focused strategy. Following our strategic review we have now put in place a platform from which we can move forward to deliver the substantial potential that we believe we have in mobile media. We are already focused on the next steps in achieving that."

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About Energy King, Inc.

Energy King, Inc. plans on growing its new business by acquiring interest in companies in mobile media, with talented executive management teams, smart mobile media products and services and having a business model that generates revenues and is profitable. Our philosophy is that through a strong management team a strong company can be built, whether the acquired businesses are start-ups, in the later development stages, fully operating entities with positive cash flow or distressed companies in need of our management's expertise to achieve turn around.

Energy King Inc. will offer these subsidiaries financial assistance, critical strategic support and management support from an experienced team, to support and grow them. Our shareholders will be updated on a quarterly and annual basis via newsletters, teleconferencing and press releases whenever material events occur.

FORWARD-LOOKING STATEMENT: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the sustainability of recent growth rates in the Mobile Media Marketing industry; the positioning of Energy King in the market; ability to integrate acquired companies and technology; ability to retain key employees; ability to successfully combine product offerings and customer acceptance of combined products; general market conditions, fluctuations in currency exchange rates, changes to operating systems and product strategy by vendors of operating systems; and whether Energy King can successfully gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release.

Contact Information

  • Investor Contact Information:
    Michael Cummings
    Chairman, CEO and President
    Telephone: 888-503-1759
    Email: Email Contact