SOURCE: Hawaiian Hospitality Group, Inc.

February 21, 2011 14:42 ET

New CEO for Hawaiian Hospitality Group, Inc.

HALEIWA, HI--(Marketwire - February 21, 2011) - Hawaiian Hospitality Group, Inc. (PINKSHEETS: HHGI), a growing provider of sustainable land use solutions and event services, has named Linda Kress as its Chief Executive Officer. 

Ms. Kress' leadership will be instrumental in the future development and success of Hawaiian Hospitality Group's primary business operations, Loulu Palm Estate, a popular venue for wedding and events on Oahu's North Shore and the promotion of the group's Submersible Technical Services LLC which will operate the SportSub III, a state of the art lightweight three-person submarine that enables visitors to explore and experience Hawaii's fragile underwater ecosystems without damaging it. 

"I'm excited about the future, to lead an efficient business operation while continuing to reduce the environmental impact on the North Shore," says Ms. Kress. "Our market audience is changing; we clearly have services that are appealing to an evolving generation that is conscious of the imprint that they are leaving behind in this beautiful State."

Ms. Kress spent more than 10 years in the commercial insurance industry. Her broad background and a Bachelor's degree in Communications with a concentration in public relations will bring a fresh prospective to the success of the Company.

About Hawaiian Hospitality Group, Inc. (PINKSHEETS: HHGI)
Hawaiian Hospitality Group, Inc. is a growing provider of sustainable land use solutions and event services. The company draws on environmental engineering expertise to identify, design, develop and operate destination sites that provide environmental and commercial revitalization for Hawaii's coastal properties. Hawaiian Hospitality Group employs innovative approaches to land use that generate profitable enterprises while restoring and preserving the beauty and natural resources of the Hawaiian Islands. The company generates revenue from venue fees, catering services, wedding planning and other services on the destination sites it develops, maximizing value while minimizing the ecological footprint of its operations.

Except for statements of historical fact, some information in this announcement contains "forward-looking statements" that involve substantial risks and uncertainties. You can identify these forward-looking statements by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," "would" or similar words. The statements that contain these or similar words should be read carefully because these statements discuss our future expectations, contain projections of our future results of operations or of our financial position, or state other forward-looking information. We believe that it is important to communicate our future expectations to our investors. However, there may be events in the future that we are not able accurately to predict or control.

Since our common stock is considered a "penny stock" we are ineligible to rely on the safe harbor for forward-looking statements provided in Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities and Exchange Act of 1934, as amended (the "Exchange Act").

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