SOURCE: Leisure Direct, Inc.

April 12, 2007 10:00 ET

Leisure Direct Appoints Vice President of Business Development

PERRYSBURG, OH -- (MARKET WIRE) -- April 12, 2007 -- Leisure Direct, Inc. (OTCBB: LDTI) announced today that it has appointed David Clark as its Vice President of Business Development. Mr. Clark has more than 25 years of experience in planning, launching and growing businesses with both large public companies and entrepreneurial ventures. He has proven international expertise in strategic planning, business and product development, sales and marketing, and strategic alliances with several companies including Mellon Bank, Ernst & Young, and Hogan Systems. As CEO of an early stage venture, he received the Growth 100 Award from the Kelley School of Business at Indiana University.

Recently, Mr. Clark has served as a consultant to Leisure Direct to identify and qualify acquisition candidates. He will work closely with Robert Dapper, Leisure Direct's newly appointed President, to implement the Company's business plan. Leisure Direct's business plan includes acquiring or opening 50 to 60 locations over the next three to five years, with 10 to 15 of them being consummated in 2007. Leisure Direct will announce, over the next few days and weeks, the opening of its first location and its first dealer acquisitions.

John R. Ayling, LDTI's Chairman, stated, "David will leverage his background of growing businesses and driving revenue to help Leisure Direct implement its strategy of acquiring and integrating profitable companies. His unique mix of experience in sales and marketing, the application of technology, and financial management will help enable the successful acquisition, integration and growth of manufacturers and dealers in our industry. Working in unison with Bob Dapper, our President, David will immediately start to source complementary companies to add to our $150 million sales existing database of potential acquisitions."

About Leisure Direct, Inc.

It is the mission of LDTI to become the premier, highest quality and most nationally recognized manufacturer and direct marketer of pool, spa/hot tub, and patio products in the United States. LDTI will implement its strategy by acquiring existing manufacturers of backyard entertainment products and building a direct marketing distribution network.

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 approvals for anticipated actions.

Contact Information

  • Contact:
    John R. Ayling
    Leisure Direct, Inc.
    (419) 873-1111
    1070 Commerce Drive, Building II - Suite 303
    Perrysburg, OH 43551