Baywood International, Inc. (OTC BB:BAYW.OB - News) ("Company'') announced that Eric Skae, President of the Company's New Leaf Tea division, has been appointed to a new post of President and Chief Operating Officer of the Company.
Neil Reithinger, Chief Executive Officer stated, "We are pleased to announce the addition of Eric to the executive team. Our Company is well positioned to expand our leadership position in the natural food and mainstream supermarket, and Eric's background and experience will be a tremendous resource to Baywood as we continue to build our brands. I look forward to working even more closely with Eric and believe that his talent and expanded role in the company will be instrumental in our executing the growth opportunities in front of us.''
Mr. Skae founded Skae Beverage International, LLC as Midnight Sun Brands, LLC in October 2002. He has spent the past seventeen years in the beverage industry working in Senior level sales, marketing and distribution roles helping grow the following brands -- Naked Juice, Fresh Samantha, Hansens and Arizona Iced Tea. Mr. Skae graduated from Northwood University with a Bachelor's degree in Business Administration.
"I look forward to building upon the success created by the uniquely innovative and dedicated people who work at Baywood. They have developed many exciting products, have strong distribution, and together we can continue to build on the dynamic foundation that is in place,'' stated Eric Skae.
Baywood International, Inc. (OTC BB:BAYW.OB - News) (``Baywood'') is a nutritional science company that develops, markets and sells nutraceutical and nutritionally enhanced products and new age beverages under its own brands. Baywood merges its expertise in nutritional formulation with its leverage in sales and distribution to deliver the most effective and progressive products to market. Currently, Baywood's products are sold under three brands that are distributed into retail markets nationwide and internationally as follows:
* New Leaf Tea -- Available in the Northeast and South Florida
through 50+ distributors and approximately 5,000 accounts of
independent grocery/restaurant "street" channel (i.e. bagel stores,
delis, pizzerias, cafes, independent convenience stores, college
book stores etc) (http://www.drinknewleaf.com).
* LifeTime(r) -- Available in independent and chain health food
stores, natural grocery stores, and other direct-to-consumer
channels both internationally and domestically
* Baywood PURECHOICE(r), Baywood SOLUTIONS(r) and Complete La Femme(r)
-- Available in independent and chain health food stores, natural
grocery stores, and other direct-to-consumer channels both
internationally and domestically (http://www.baywoodproducts.com)
For more information, call (888) 350-0799, or for more information, visit Baywood's corporate website at http://www.bywd.com.
This press release may contain forward-looking statements, made in reliance upon Section 21D of the Exchange Act of 1934, which involve known and unknown risks, uncertainties or other factors that could cause actual results to differ materially from the results, performance, or expectations implied by these forward-looking statements. The Company's expectations, among other things, are dependent upon general economic conditions, continued demand for its products, the availability of raw materials, retention of its key management and operating personnel, its ability to operate its subsidiary companies effectively, need for and availability of additional capital as well as other uncontrollable or unknown factors which are more fully disclosed in the Company's Form 10-Ks and 10-Qs on file with the United States Securities and Exchange Commission.