Pickups Plus, Inc. Appoints New Board Member
CINCINNATI--Sept. 2, 2003--Pickups Plus, Inc. (OTCBB:PUPS) a leading retailer and franchiser in the $30 billion truck and SUV aftermarket accessories industry, announced today it has appointed Robert W. Ellis to the Board of Directors.Mr. Ellis has agreed to serve on the Board of Directors as the financial expert in charge of the outside audit committee enabling Pickups Plus to comply with the new Sabetes Oxley Act at years end. Mr. Ellis graduated from the University of Illinois with a degree in Accountancy and holds a CPA certificate from the state of Illinois. Mr. Ellis has over 35 years of experience in business management and has held the positions of Controller, Chief Financial Officer, Chief Operating Officer, President, and Chief Executive Officer for both private and public companies.
"Mr. Ellis has all the necessary requirements as a financial expert along with an understanding of our industry," said Mr. Jesson. Mr. Jesson added, "this is another step forward for Pickups Plus not only being fully compliant with the SEC but, getting a new board member with outside knowledge and vision to help Pickups Plus with its aggressive expansion plans".
About Pickups Plus:
Pick-Ups Plus, Inc., is a leading operator and franchiser of retail automotive parts and accessories stores catering to the light truck & SUV market, which is considered to be the fastest growing segment of the motor vehicle market in the United States. There are currently six franchised locations in operation and two Company owned-stores. The Company intends to pursue an aggressive expansion strategy by opening additional company-owned stores and franchise locations to become the first nationwide chain in its growing, but highly fragmented industry. For more information about the Company go to www.pickupsplus.com and look for updates in the Chairman's Letter which will be posted monthly
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 1955. Forward-looking statements involve known risk and uncertainties, which may cause the Company's actual results in the future to differ materially from the forecasted results.