Pickups Plus Names New Board Member
MASON, Ohio--July 16, 2002--Pickups Plus, Inc. (OTCBB:PUPS), a leading retailer and national franchiser in the $30 billion truck and SUV aftermarket accessories industry, announced today it has extended a directorship position to Dr. William Angell.Dr. Angell brings to the company more than 30 years of business and entrepreneurial experience, including top executive level management, company formation activities, and in particular, expertise in venture capital and business consulting.
Pickups Plus believes the addition of Dr. Angell to its board of directors will add value and leadership to the firm's operations and future business strategies. The management and current board of directors of Pickups Plus welcomes Dr. William Angell as an addition to the board.
Sean Fitzgerald, President, stated, "I am pleased to announce the addition of Dr. Angell to the Board of Directors for Pickups Plus. His entrepreneurial expertise and business acumen is a valuable asset to our Company. As a lead investor in Pickups Plus through PUPS Investment, LLC, Dr. Angell has played a key roll in our current and future growth strategies."
About Pickups Plus
Pickups Plus is a leading national operator and franchiser of retail stores dedicated to the sale and installation of quality aftermarket accessories for pickup trucks and SUV's. Pickups Plus currently operates four corporate retail stores and has another seven franchise stores throughout seven states. After several years of extensive development and testing of its franchise system, the Company intends to start a nationwide expansion in both corporate and franchise stores to become the first national chain in its growing, but highly fragmented industry.
Safe Harbor Statement: Except for historical information contained herein, the statements made in this press release are forward-looking and are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, Section 21E of the Securities Act of 1934 and the Private Securities Litigation Act of 1995. Forward-looking statements involve known risk and uncertainties, which may cause the Company's actual results in the future to differ materially from forecasted results.