SOURCE: Feelgoods International Ltd.

May 19, 2006 08:00 ET

Feelgoods International Ltd. Announces They Have Appointed Former Starbucks Executive Rita Irniger as Senior Advisor to Assist With Franchise Development

ZURICH-KLOTEN, SWITZERLAND -- (MARKET WIRE) -- May 19, 2006 -- Feelgoods International Ltd. (OTC: FGNL) is pleased to announce that they have appointed Ms. Rita Irniger, a former Starbucks executive, as a Senior Advisor. She will be responsible for assisting the Company on structuring and maintaining their franchise development program. Ms. Irniger will be assisting in the acquisition of franchisees throughout Europe, as well as advising on matters of their corresponding development and growth.

During the course of Ms. Irniger's 28 years of business management, she has been responsible for the opening of over 150 retail locations. At one point in her career, Ms. Irniger was responsible for managing 216 retail stores, over 1,000 employees, and for generating revenue in excess of 150 Million Euros. In 2002, Ms. Irniger was asked to manage Starbucks Switzerland and Starbucks Austria. Ms. Irniger decided to utilize her extensive business knowledge to assist other companies by forming a marketing and merchandising consulting company in 2004.

"We are proud to have someone of Ms. Irniger's experience in business development and personnel management contributing her knowledge to our Company. Rita's knowledge will be invaluable towards helping Feelgoods International expand its franchise growth and in turn, our revenues," stated Marcel Maurer, CEO of Feelgoods International Ltd.

About Feelgoods International Ltd.

Based in Zurich-Kloten, Switzerland, Feelgoods International Ltd. offers a unique franchise business opportunity for thousands of European Pharmacies. The franchise system is designed to significantly increase the Pharmacy's revenue by maximizing the revenue potential of a Pharmacy's existing customer traffic. The Feelgoods' model is easily incorporated into a Pharmacy's existing floor space, producing a self-contained business or 'shop within a shop.' Feelgoods' focus is on products that complement the Pharmacy's conventional inventory by introducing products such as alternative medications, nutriceuticals, lifestyle products and bio cosmetics.

Safe Harbor

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.

Contact Information

  • Contact:
    Big Apple Consulting USA, Inc.
    for Feelgoods International Ltd.
    Investor Relations