BRYAN, Texas, May 17 /PRNewswire/ -- Neutral Posture Ergonomics, Inc.
(Nasdaq: NTRL) today reported that David W. Campbell has resigned as President
and Director. Mr. Campbell is leaving due to personal reasons.
Rebecca Boenigk, Chairman and Chief Executive Officer, commented, "We wish
Mr. Campbell well in his future endeavors and thank him for helping bring the
Company to this level. Mr. Campbell was instrumental in the Company's Initial
Public Offering and has provided excellent guidance during this period of
transition for the Company."
The board of directors has retained the New Millennium Group (NMG), of
Dallas, Texas, for the purpose of assessment and development of a new and
comprehensive strategic growth plan for the Company. NMG, lead by Dr. Drew
Thacker, President, will also assist the board of directors in its search for
a new Chief Operating Officer.
Neutral Posture Ergonomics, Inc. manufactures, markets and distributes
office, multi-task and ergonomic seating. Neutral Posture Ergonomics, Inc. is
a certified Women Business Enterprise and its common stock is listed on the
Nasdaq National Market under the symbol NTRL.
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, 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:
Rebecca Boenigk, CEO of Neutral Posture
Ergonomics, Inc., 409-778-0502
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