AMCON Appoints New Director.Business Editors OMAHA Omaha, city, United States Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857. , Neb.--(BUSINESS WIRE)--March 21, 2002 AMCON Distributing Company (AMEX AMEX See: American Stock Exchange :DIT), an Omaha, NE based consumer products distributor, announced today that Stanley Mayer had been appointed a director of the Company to fill the seat of retiring director Jerry Fleming. Mr. Mayer, a native of South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. , is a Chartered Accountant char·tered accountant n. Chiefly British Abbr. CA A member of one of the institutes of accountants granted a royal charter. and a graduate of the University of Witwatersrand in South Africa. He has been a U.S. citizen since 1983. Mr. Mayer presently serves as the Chief Financial Officer of Donruss Playoff, an Arlington, Texas Arlington is a city in Tarrant County, Texas (USA) within the Dallas-Fort Worth-Arlington metropolitan area. According to a U.S Census Bureau release, as of July 1, 2006 Arlington has an estimated population of 367,197. based company publishing baseball, football and collectable cards and games. Prior to that, Mr. Mayer was a Vice President and Chief Information Officer for Southern Union Company (NYSE NYSE See: New York Stock Exchange :SUG n. 1. A kind of worm or larva. ). William F. Wright, Chairman of AMCON, noted that "We are extremely pleased to welcome Stan to the Board of Directors. We believe that he will be a valuable addition to the board and to the audit committee of the board. Although we are saddened to note the retirement of Jerry Fleming, we are happy that Jerry has agreed to remain connected with the Company as a consultant for the next several years." Mr. Fleming, who served as President of the Healthy Edge (previously Food For Health), a subsidiary of AMCON, stated that "I have immensely enjoyed my years with AMCON and, although I look forward to retirement, I know I will miss the day to day contact with the people at AMCON. Fortunately, I will be able to maintain those contacts through my consulting arrangement." AMCON is a leading wholesale distributor of consumer products including beverages, candy, tobacco, groceries, food service, frozen and chilled foods, and health and beauty care products with distribution centers in Illinois, Missouri, Nebraska, North Dakota, South Dakota and Wyoming. Chamberlin's Natural Foods, Inc. and Health Food Associates, Inc., both wholly-owned subsidiaries of The Healthy Edge, Inc. (formerly Food For Health Co., Inc.), operate health and natural product retail stores in central Florida (7), Kansas, Missouri, Nebraska and Oklahoma (3). The retail stores operate under the names Chamberlin's Market & Cafe and Akin's Natural Foods Market. Hawaiian Natural Water Company, Inc., a wholly-owned subsidiary of AMCON, produces and sells natural water under the Hawaiian Springs(TM) label that is bottled at the source on the Big Island of Hawaii. This news release contains forward looking statements that are subject to risks and uncertainties and which reflect management's current beliefs and estimates of future economic circumstances, industry conditions, Company performance and financial results. A number of factors could affect the future results of the Company and could cause those results to differ materially from those expressed in the Company's forward looking statements. Moreover, past financial performance should not be considered a reliable indicator of future performance. Accordingly, the Company claims the protection of the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. for forward-looking statements contained in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 with respect to all such forward-looking statements. Visit AMCON Distributing Company's web site at: www.amcon-dist.com |
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