SOURCE: United Consortium, LTD.
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March 19, 2008 13:34 ET
United Consortium LTD. Announces CEO Change
Gonzalo M. Lage to Assume Role as President and CEO
FT. LAUDERDALE, FL--(Marketwire - March 19, 2008) - United Consortium, LTD. (PINKSHEETS: UCSR), an international distributor of consumer goods, today announced the
resignation of Julie Reiser as CEO and President of the company and the
appointment of Gonzalo M. Lage as United Consortium's President and Chief
Executive Officer effective March 17, 2008. Mr. Lage has also been named
to the Board of Directors and will immediately serve as Chairman of the
Board.
United Consortium believes that this change to the executive management
team signals development toward a more aggressive growth strategy for the
company. Mr. Lage has a long history of management expertise with
international distribution companies. Mr. Lage previously served as
President of Futura Realty Corp., where he established real estate and
financing offices throughout Latin America and Europe establishing the
European division in Lugano, Switzerland where annual revenues exceeded
US$50 million. Mr. Lage also served as
Founder and CEO of Color Concepts LC, a company dedicated to the
manufacturing and distribution of party supply products. Mr. Lage also
founded and directed Mydori International and Mydori USA, which are
companies dedicated to the manufacturing and distribution of personal care
products, with licenses acquired from Disney and Sanrio (Hello Kitty).
These products are distributed throughout Latin America.
Mr. Lage said, "I'm looking forward to the challenge of following Julie
Reiser, who has laid the foundation on which we can now build. I am
enthusiastic about the prospects for United Consortium, as we look to
strategically acquire and explore key properties in order to achieve the
growth objectives that the company has established."
To contact United Consortium regarding distribution opportunities for your
products, please call 954-642-8806 or email us at
info@unitedconsortium.net.
ABOUT UNITED CONSORTIUM, LTD.
United Consortium, Limited ("UC") is an international distributor of
consumer goods whose core categories include: electronics, software,
peripherals, convergence equipment and enterprise integration services
directed towards Retailers, Resellers, Solution Providers and Systems
Integrators in the Americas region. More corporate information is
available by visiting www.unitedconsortium.net.
Legal Notice Regarding Statements Including Those That Are Forward-Looking
The statements in this press release regarding real or implied expectations
with regard to the future impact on the company's results from acquisitions
or developed properties are forward-looking statements and are within the
meaning of the Private Securities Litigation Reform Act of 1995. The
statements in the above document may also contain "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 every
effort has been made not to include statements that involve risk and
uncertainties that may be the case and such statements are subject to
change at any time. There are no anticipated results detailed in the above
statements, however, actual results may differ materially from expected or
implied results.