2008-07-08 23:51:06 -
www.aultglazer.com - Ault Glazer & Co., Inc. Chris Rainbolt, 310-420-3541 Ault Glazer & Co., Inc. (Pink Sheets:AULT.PK) ("AGC") announced today that it has hired operational veteran and company builder, Bill Dully as its group president, COO, and CFO.
"After admiring Bill's talents for more than 15 years and watching him work his magic on other
companies, I jumped on the chance to have him on our team. His impeccable track record along with his operational expertise should benefit the company and its shareholders considerably. The hiring of Mr. Dully is one the most important events in this young company's history and I look forward to watching the evolving transformation," said Chairman and CEO Milton "Todd" Ault III.
"As I have done with other companies, I see a real opportunity to create value and help grow the assets of Ault Glazer & Co, Inc. My background is uniquely suited to take Ault Glazer to the next level and help build something that I can run alongside Mr. Ault for years to come," said Mr. Dully.
Bill Dully was the COO/ CFO for 3DO, a NASDAQ Company, and has spent the last 22 years running various companies including nine years at Upper Deck and Upper Deck Authenticated as Chief Operating Officer of Worldwide Operations. Mr. Dully is also credited with turning around Donruss/Score Entertainment Trading Card Company as its President, COO and CFO.
Ault Glazer has various holdings in minority and majority control positions including, Boom Entertainment, Internet Lending Group, Patient Safety Technologies Inc., Freedom Grill Inc., Zealous Trading Group, Inc., Global Authentication, Searchhelp, Hayes Bros. Snowboards, ProGenix, The Collectors X, Zealous Real Estate Partners, LLC, along with various loans to companies in which it has security and/or convertible rights and warrants.
About Ault Glazer & Co., Inc.
Ault Glazer & Co., Inc. (www.aultglazer.com), a holding company, which through its wholly-owned subsidiaries and minority interests, is engaged in a number of diverse business activities, which include: merchant banking; corporate lending; shareholder activism; Internet sales and marketing; real estate; healthcare; energy; consumer products & services; insurance and media.
Forward-Looking Statement
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.
¶ Dully to Run Day-to-Day Operations of Its Majority Owned and
Controlled Holdings
