News-
SYOSSET, N.Y., Oct 27, 1999 /PRNewswire via COMTEX/ -- Quest Products Corporation (OTC Bulletin Board: QPRC) announced today that it has added two new members to its Board of Directors. According to Quest's President, Herbert M. Reichlin: "The Company saw an immediate need to strengthen its marketing expertise and to add to its depth of experience in the investment banking community, particularly in connection with the launch of its exciting, revolutionary new patented sunglass product (See October 8, 1999 press release). To accomplish these objectives, Quest has invited Angelo J. Vassallo and Richard A. Bruno to join its Board. Mr. Vassallo, who is 54 years old, has 30 years of marketing and sales experience at Seagrams where he is presently the Director of Marketing for the North America Atlantic/Pacific Region. Mr. Vassallo brings invaluable real-world marketing experience which Company management believes will significantly contribute to all aspects of its business activity: promoting the new sunglasses; enhancing the ongoing marketing campaign for Quest's Phase0ut product; evaluating the marketing potential of other new products and concepts presently under consideration by the Company. Mr. Bruno, 53, is formerly the Managing Director of NASDAQ trading at Paine Webber in New York and has more than 25 years experience in the brokerage and investment banking community. The Company believes that Mr. Bruno's skills and contacts will bring a wealth of opportunities as the Company moves forward with the launch of its sunglass program."
The Company also announced that its accountants have not yet completed all work necessary for the preparation of the annual 10K filing which Quest had previously announced would be filed on October 29, 1999 and that, accordingly, there would be a delay of approximately two weeks in filing the 10K.
Syosset, New York: Contact Herbert M. Reichlin of Quest Products Corporation, 516-364-3500 |