SOURCE: Hall of Fame Beverages, Inc.

Hall of Fame Beverages, Inc.

April 05, 2012 09:30 ET

Hall of Fame Beverages Names New Chief Financial Officer, VP of Marketing

DALLAS, TX--(Marketwire - Apr 5, 2012) - Hall of Fame Beverages, Inc. (PINKSHEETS: HFBG) expanded its management team today when CEO Greg Thrasher introduced the executives who will help him grow the company and develop the Grand Ma Ma Brand into the future.

Greg Thrasher, who was named the company's CEO earlier this week, announced Alexander Johnson as Hall of Fame's new Chief Financial Officer (CFO) and Eric Thrasher as the new Vice President of Marketing.

Alexander Johnson brings 6 years of financial management to the team. Johnson spent the last 6 years conducting financial analysis, contract management and consulting with both a Fortune 500 and Fortune 1000 company. These companies specialized in consulting and government contracting.

In his role as CFO with Hall of Fame, Alex will direct all financial aspects of the business including accounting practices, budgeting, financial planning, interfacing with the financial community, financial analysis, acquisitions and ventures, and monitoring of financial performance.

The company's CEO says Johnson's experience will vastly enhance Hall of Fame's future. "He was chosen because of his strong analytical skills, hands-on business experience with managing multimillion dollar contracts, and his track record of managing the financials of heavily regulated government contracts while remaining compliant with government regulations."

Johnson said, "I am excited to join an executive team at Hall of Fame Beverages that is 100% focused on building the company and the brands it distributes. Hall of Fame Beverages has an amazing line of products that will without a doubt create returning customers. As the new CFO, I will ensure that the financial wellbeing of the company always remains in good standing."

Johnson earned a BS in Accounting from Old Dominion University, and he earned his MS in Accounting and Information Systems from the University of Maryland.

Eric Thrasher joins the team as the new Vice President of Marketing for Hall of Fame. He comes to the company from Thrasher Entertainment Group (TEG) which he started back in 1997. He brings over 26 years of marketing and promotions experience to the CEO's new team of executives. His career includes working with such iconic companies as Motown Records, Fortune 500 Time-Warner (Warner/Reprise) Records, Virgin Records and Perspective/A&M Records.

His company (Thrasher Entertainment Group) was hired by TRAMA Records, the National Marketing & Promotions consultant for Shaquille O'Neal (TWISM Records) and later hired as Marketing/Promotions consultant for DreamWorks Records (SKG) Urban Music Division. Eric also has experience and contacts in the Hair Care and Consumer Products industry.

Hall of Fame's CEO says, "Eric comes to the company with a no-nonsense approach to marketing and brand management, and he brings a wealth of experience from the entertainment industry where he will focus on getting branding opportunities from film and music."

While understanding past challenges, Eric sees great opportunities ahead for Hall of Fame Beverages. "Our mandate is to maximize visibility for our products and to create distribution and placement in our targeted markets. As the new Vice President of Marketing, I look forward to the continued growth of the company's signature brand, Grand Ma Ma's Sweet Southern Tea."

Eric earned a BBA in Marketing from The University of Arkansas at Little Rock and he was a member of the Phi Sigma Epsilon Marketing fraternity at the school.

The Team will be introducing a new product at Hall of Fame next week, and the CEO will provide an update on Grand Ma Ma's Sweet Southern Tea and his plans for Hall of Fame's 100 days of selling season from Memorial Day through Labor Day.

About Hall of Fame Beverages

Hall of Fame Beverages Inc. is an innovative beverage company trying to grow its footprint in an industry rife with ordinary drinks. We are home to our signature brand Grand Ma Ma's Sweet Southern Tea. The tea is complemented nicely by our signature desserts, also branded under the Grand Ma Ma icon, Grand Ma Ma's Gourmet Southern Desserts. Hall of Fame Beverages is co-owned by former NBA star Larry Johnson who famously dressed up as his basketball playing Grand Ma Ma in Converse shoe commercials in the 1990s.

SAFE HARBOR: Certain information included herein may contain statements that are forward looking. Such forward-looking information is subject to changes and variations which are not reasonably predictable and which could significantly affect future results.

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