M. Catherine Jaros Elected to Board of Directors of Universal Automotive Industries, Inc.
21 December 2000
M. Catherine Jaros Elected to Board of Directors of Universal Automotive Industries, Inc.ALSIP, Ill., Dec. 21 Universal Automotive Industries, Inc. , is pleased to announce that M. Catherine Jaros of Northbrook, Ill. has been elected to its Board of Directors to fill a vacant seat. Ms. Jaros is the principal of a business development, marketing and e-strategy consulting firm. Prior to that, Ms. Jaros was President of Starbelly.com, Inc., an e-commerce personalized clothing and merchandise business that she managed from its inception. Ms. Jaros brings to Universal's Board 27 years experience in marketing, strategy and business development work including having held executive positions with The Quaker Oats Company, Kraft USA, Tribune Company and a predecessor to Madison Dearborn Partners. Arvin Scott, President and CEO commented: "We welcome Cathy to our Board of Directors and look forward to benefiting from her advice and counsel. Due to the ever expanding role of technology, we especially value her experience and talents in the area of E-Commerce marketing and development." Universal Automotive Industries, Inc. is headquartered in Alsip, Illinois and specializes in the distribution and manufacture of brake parts under its trade names "UBP -- Universal Brake Parts" and "Ultimate Rotors and Friction." This news release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by safe harbors created hereby. Such forward-looking statements involve known and unknown risks, uncertainties (including those risk factors referenced in the Company's filings with the Securities and Exchange Commission), and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance, or achievements of the Company expressed or implied by such forward-looking statements.