Cable & Co. Worldwide Inc. announces appointment of Steven Katz, financing and strategic planning expert to board of directors.NEW YORK--(BUSINESS WIRE)--June 2, 1997--Cable & Co. Worldwide Inc. (the "Company") (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CCWW) reported today that, subject to shareholder approval, Steven Katz will join its board of directors. Katz is president of Steven Katz Associates of Milltown, New Jersey Milltown is a Borough in Middlesex County, New Jersey, United States. As of the United States 2000 Census, the borough population was 7,000. Milltown was incorporated as a borough by an Act of the New Jersey Legislature on January 29, 1889, from portions of North Brunswick . Commenting on this nomination, Alan Kandall, Cable's chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. stated, "We are delighted to obtain a person of Mr. Katz's experience and reputation for our board. He has a proven track record in working with companies of our size in developing strategic growth plans and securing equity and debt financing Debt Financing When a firm raises money for working capital or capital expenditures by selling bonds, bills, or notes to individual and/or institutional investors. In return for lending the money, the individuals or institutions become creditors and receive a promise to repay to accommodate growth." He continued, "While we have and are continuing to enjoy success in increasing sales and in developing the infrastructure to support our sales, we have reached the stage in our development where additional expertise in the areas of financing and strategic planning are desirable. We believe Mr. Katz will bring knowledge and experience that will materially improve the strategies we utilize in these important areas." Kandall concluded, "Mr. Katz's experience in the fashion industry include financing, acquisitions, licensing, and long range planning  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. . These areas are all of current concern to us as we are exploring ways to capitalize on the broad equity and recognition we have built in our brand over the first six years of our existence." Cable & Co. Worldwide Inc. designs, manufactures, imports and markets an upscale range of men's footwear bearing the "CABLE & CO." and "BACCO BUCCI" trademark. The company markets its products to approximately 1,500 department and specialty store locations throughout the United States. This press release contains statements of a forward-looking nature relating to future events. Shareholders are cautioned that such statements are predictions and that actual events or results may differ significantly. This release is available on the KCSA KCSA Krannert Center Student Association KCSA Kentucky Crushed Stone Association (Frankfort, KY) KCSA Kyiv City State Administration KCSA Kalamazoo Christian School Association KCSA Kentucky-Canadian Studies Association Public Relations website at www.kcsa.com . CONTACT: Cable & Co. Worldwide Inc. Alan Kandall, 212/489-9686 or KSCA KSCA Karnataka State Cricket Association (India) KSCA Kansas Scholastic Chess Association KSCA Kansas School Counselor Association KSCA Knight of the Society for Creative Anachronism (Medieval Recreationists) Bob Giordano/Adam Friedman, 212/682-6300, ext. 289/215 |
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