Holiday RV Announces Results of Annual Meeting
18 May 1999
Holiday RV Announces Results of Annual MeetingORLANDO, Fla., May 18 -- Holiday RV Superstores, Inc. , the nation's only publicly traded chain of RV dealerships, announced that shareholders voted to approve several measures, including the addition of a new board seat, at its annual shareholders meeting. Holiday RV announced that all eight of the nominees for the board were elected into office. The newest board member, David A. Kamm, 62, is a registered Investment Advisor Representative with Raymond James and Associates, a Tampa-based brokerage and investment consulting firm. Kamm has worked in the investment business since 1970 and joined his present employer in 1977. For the past 18 years he has written a weekly column, "Take Stock in Florida," that is published in a number of newspapers throughout the state. Kamm holds a bachelor's degree from the University of Illinois and an MBA from Michigan State University. "We are pleased to have David Kamm join our board," said Newton C. Kindlund, chairman. "His expertise will be invaluable as we look for opportunities to consolidate the RV dealership business and heighten our profile among the investment community." Other issues approved at the annual meeting include engaging the services of PricewaterhouseCoopers, LLP as independent public accountants for the Company. Shareholders also voted to ratify and approve the 1999-Stock Option Plan for employees. The plan will replace the 1987 Incentive Stock Option Plan. Holiday RV SuperStores (http://www.holidayrv.com) is one of the nation's leading retailers of recreational vehicles and boats. The Company sells, services and finances more than 50 RV and boat brands from its chain of seven dealerships in California, Florida, New Mexico and South Carolina. The statements contained in this news release include certain predictions and projections that may be considered forward-looking statements under securities laws. These statements involve a number of risks and uncertainties that could cause results to differ materially including, but not limited to, the performance of the recreational vehicle or boat industries, certain customers or affiliated companies, as well as other economic, competitive, governmental and technological factors affecting the Company's operations, markets, products, services and prices.