SOURCE: American Enterprise Development Corp.

June 13, 2008 07:00 ET

HAVOC Adds Former Maloof Company CFO to Their Team

DALLAS, TX--(Marketwire - June 13, 2008) - HAVOC Distribution, Inc., wholly owned subsidiary of American Enterprise Development Corporation (PINKSHEETS: AEND), announced today that they have added Luther "Bud" Reynolds to their executive team as Chief Financial Officer. Mr. Reynolds brings a tremendous amount of experience to HAVOC. His background includes having worked for the Maloof Companies, (which included the Operations of the Houston Rockets of the NBA) and American Federal Savings and Loan Association, where he acquired expertise in the Acquisition and Development of Corporations. "Mr. Reynolds will also be assisting me with organizational structure and oversight. We feel very blessed to have someone like 'Bud' join our team, he will immediately provide a positive impact in our productivity," says HAVOC President CK Williams.

HAVOC Distribution, Inc. is based in Dallas, Texas. It develops, manufactures and distributes energy drink products through strong affiliations with collegiate universities and conferences, professional sports franchises and corporate alliances. American Enterprise Development is represented by Sports Media, Inc.

Safe Harbor Statement:

This news release contains certain "forward-looking statements" within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934. Although the Company believes the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that actual results will meet or exceed such expectations.

Contact Information

  • Contact:

    American Enterprise Development Corporation, Carrollton
    Brim Basom
    972-418-0225