The Voyager Group, Inc. Elects John Southerland as President
Expands Board of Directors
Prominent Industry Leaders Join Voyager's Management Team
CARLSBAD, Calif.--(BUSINESS WIRE)--June 22,1999-- Voyager Group USA-Brazil, Ltd (OTCBB:VYGP - news) announced today that John Southerland has been elected President of the Company.
Southerland replaces William Clapham, who resigned. Voyager further announced today the elections of Michael Johnson as Vice President, Secretary and Director, and Lonnie Honeycutt, Ph.D., and Susan Honeycutt as Directors of the Company.
Over the past 14 years Southerland has emerged as a leader in the network marketing business. While with Shaperite Concepts, Ltd., a network marketing company that was featured as one of Inc. Magazine's 100 fastest growing, privately held companies, Southerland created a distributor network in excess of 85,000 with monthly sales growing from $1.9 million to $4.5 million over a period of 5 years.
Southerland joined the Voyager Group in October 1998 as an independent distributor and was elected to the board of directors in April of 1999. Prior to his networking marketing, Southerland was the founder and president of General Electronics Corporation, an OEM manufacturer for NASA, IBM (NYSE:IBM - news), the U.S. Army and Pacific Technologies.
Michael Johnson has accepted the position of Vice President and Secretary, replacing Thaisa Branco Clapham. Johnson has been with Voyager as a Director since 1996. His corporate background includes positions with Cornerstone Securities as a securities trader and with York Commodities as an operations manager. He has been a fitness consultant since 1994.
Dr. Lonnie Honeycutt joined the Voyager Group as Executive Vice President in 1993. Prior to Voyager, Dr. Honeycutt spent 11 years with Abbott Laboratories (NYSE:ABT - news) acting as an FDA certified Quality Assurance Inspector (Pharmaceutical/Hospital Products Division). Dr. Honeycutt has been a professional nutritional consultant for numerous companies and several hundred individuals.
He has published over 24 articles relating to nutrition and pharmaceuticals. Dr. Honeycutt has a BS in Biology from McMurry University and received his Ph.D. in Orthomolecular Nutrition from the American University.
Susan Honeycutt joined Voyager in 1995 and has been elected Director of Operations, a position formerly held by Clapham. Honeycutt's career includes executive experience with More Mailing Services, Olympic Resort Hotel and Spa and State Fed Mortgage.
John Southerland stated, ''I am committed to the success of Voyager and excited about the team of industry professionals we have assembled. The Voyager Group is positioning itself to become a preeminent provider in the nutraceutical industry.''
Voyager USA-Brazil, LTD, founded in 1995, produces bio-engineered ''nutraceutical'' products for weight management, pain relief, and nutrition. Voyager has a sales and distribution philosophy of network marketing, with over 33,000 independent distributors throughout the United States. To view their web site, go to vygp.com.
The statements above that are not historical facts are forward looking statements within the meaning of Section 27A of the Securities Act.
These forward-looking statements involve risks and uncertainties. Actual results and outcomes may differ materially from those discussed. Factors that might cause such differences include, but are not limited to, management, management of growth, expansion of new markets, fluctuations in currencies, risks associated with new product introductions, the effect of negative publicity and potential governmental regulations impacting the Company throughout the regions.
Voyager cautions agreement(s) may never materialize and may not generate sufficient operating profits to justify increased evaluation of Voyager financial statements.
The Voyager Group trades on the OTC Electronic Bulletin Board under the symbol ''VYGP''.
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