FGLC news,
Monday March 20, 10:58 am Eastern Time
Company Press Release
Freedom Golf Welcomes Michael Gilburd as Newest Board Member
ENGLEWOOD, Colo.--(BUSINESS WIRE)--March 20, 2000--Freedom Golf (OTCBB:FGLC - news) announced today that Michael Gilburd was approved to become the newest board member of
the Freedom Golf Corporation.
Mr. Michael Gilburd, C.P.A., M.S.T., A.S.A., the former Managing Director Of American Express, Tax & Business Services, has agreed to join the Freedom Golf Corporation as its newest Board Member. While at AMEX, he assisted in raising over $400 million for various transactions, to include acquisitions and IPOs. Mr. Gilburd is currently the Managing Director of Corporate Finance, Business Valuation and Litigation Services, including merger and acquisition consulting and financing assistance for Empire Capital.
Mr. Gilburd's business background is quite extensive. Prior to AMEX, he was the National Director of Corporate Finance for BDO Seidman, one of the nation's largest accounting and consulting firms, and a member of their International Corporate Finance Committee. Before BDO, Mr. Gilburd was
the Chairman and Director of Corporate Finance for Firm One Incorporated, a regional investment banking firm based in Phoenix, Arizona, and Wichita, Kansas.
John Johnson, President and CEO of Freedom Golf, is extremely honored to have such a prestigious individual as a member of the board. He stated, ``A gentleman with Mr. Gilburd's business credentials and contact base will prove invaluable to the expansion and ongoing operations of
Freedom Golf.'
In addition Freedom Golf Corp. recently announced that Gary Carter, the perennial All-Star who played mostly with the Montreal Expos and New York Mets, has joined the Freedom Golf Team. Mr. Carter will play the entire line of Freedom Golf clubs and sport the company's popular attire during the Year 2000 Celebrity Players Tour, which kicks off in April.
Freedom Golf Corporation manufactures and distributes its own line of custom fit and standard golf clubs, including its patented 345 Wood that is designed to replace three fairway woods, thereby allowing the golfer to add additional wedges.
Statements about the Company's future expectations, including future revenues and earnings, and all
other statements in this press release other than historical facts are ``forward-looking statements'
within the meaning of the Section 27A of the Securities Act of 1933, Section 21E of the Securities
Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. The Company
intends that such forward-looking statements involve risk and uncertainties and are subject to change
at any time, and that the Company's actual results could differ materially from expected results. The
Company undertakes no obligation to update forward-looking statements to reflect subsequently
occurring events or circumstances.
Contact:
Freedom Golf Corporation
John Johnson, 303/221-0331
www.freedomgolf.com
or
Investor Relations
C. Jones & Company, Inc.
Allen Jones, 303/470-8783
www.cjonescompany.com |
