BRYAN, Texas, March 28 /PRNewswire/ --
Neutral Posture Ergonomics, Inc. (Nasdaq: NTRL) a leading manufacturer of
ergonomic chairs and accessories, today announced the appointment of three new
members to its Board of Directors to fill positions vacated during the last
eleven months. Appointed to the Board were Mr. Thomas G. Peterson, President
and Chief Operating Officer of the Company, Mr. John Samuel, Vice President -
Interactive Marketing for American Airlines and Ms. Susan Phillips Bari,
President of the Women's Business Enterprise National Council ("WBENC").
Mr. Peterson joined the Company as President and Chief Operating Officer
in January 2000 and directs and manages the Company's day to day operational
activities as well as explores business development opportunities in line with
strategic goals. He holds an MBA from Arizona State University in sales and
marketing management. Mr. Peterson also brings a wealth of industry experience
emphasizing channel management.
Mr. Samuel leads American Airlines in its interactive marketing and was
instrumental in developing its flagship website http://www.aa.com. He holds an MBA
from the University of Chicago and has been with American Airlines since 1987.
Prior to taking his current position, he was director of revenue management
development for the airline. John Samuel is rapidly gaining recognition as an
e-commerce visionary and has been quoted in numerous publications including
the Wall Street Journal, USA Today and Business Week.
Ms. Bari is currently the President of WBENC, an organization that strives
to enhance contracting opportunities for Women Business Enterprises with
corporations and the government. Ms. Bari received a BA from the University
of Massachusetts in 1967 and a MBA from Virginia Polytechnic University in
1985. From 1995 to 1997 she was President of the Nonprofit Management
Corporation that provided counsel to nonprofit organizations and small
businesses. She also spent five years as Executive Director of the American
Woman's Economic Development Corporation and three years as Associate
Director, Office of Presidential Personnel for The White House.
Rebecca Boenigk, Chief Executive Officer stated that, "We are excited with
the appointment of the three new members to our Board. Tom Peterson has
already implemented well-received changes to our sales and marketing
organization and was instrumental in launching the new N*hancements accessory
line this month. John Samuel brings a vast knowledge of website development
and interactive marketing to the Company which should provide guidance as the
Company expands its e-commerce Internet presence. Susan Phillips Bari brings
knowledge of the ever-expanding diversity distribution channel, government
contracting and small business strategic planning and management skills to the
Company. We feel that the Company will continue to expand its sales and
marketing efforts with guidance from our new Board members."
Neutral Posture Ergonomics, Inc. manufactures, markets and distributes
ergonomic products. Neutral Posture Ergonomics, Inc. is a certified Women
Business Enterprise and its common stock is listed on the NASDAQ Small Cap
Market under the symbol NTRL.
PRESS CONTACT:
Gregory A. Katt, CFO
(409) 778-0502 ext. 111
This press release may include certain statements that may be deemed to be
"forward-looking" within the meaning of the Securities Act of 1933, as
amended, and the Securities Exchange Act of 1934, as amended. There are
certain important factors which could cause actual results to differ
materially from those anticipated by the forward-looking statements. Certain
of the important factors which could cause actual results to differ materially
from those in the forward-looking statements include, among other things,
changes from anticipated levels of sales, the ability to integrate acquired
product lines and related businesses, future national or regional economic and
competitive conditions, changes in relationships with customers, customer
acceptance of existing and new products, success of web initiatives, pricing
pressures due to excess capacity, raw material cost increases, change of tax
rates, change of interest rates, declining conditions in the industry,
validity of patents, availability of key component parts, casualty to or other
disruption of the Company's production facility and equipment, delays and
disruptions in the shipment of the Company's products and other factors that
generally affect business.
SOURCE Neutral Posture Ergonomics, Inc.
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Related links:
http://www.neutralposture.com
Company News On-Call:
http://www.prnewswire.com/comp/125652.html or fax,
800-758-5804, ext. 125652
CONTACT:
Gregory A. Katt, CFO of Neutral Posture
Ergonomics, Inc., 409-778-0502, ext. 111
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