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Microcap & Penny Stocks : AREE - Formerly TVSI

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To: Jonas Grumby who started this subject12/5/2000 10:31:35 AM
From: jmhollen   of 6528
 
Arete Outdoors Hires Veteran Product and Sales Manager
Kim Huffman Joins Arete Outdoors Team With Over 25 Years of Ski Industry Experience

12/5/00 ARETE INDUSTRIES INC News

BOULDER, Colo., Dec 5, 2000 /PRNewswire via COMTEX/ -- Arete Industries, Inc. (OTC Bulletin Board: AREE) today announced hiring Kim Huffman of Park City, Utah as Arete Outdoors' Products and Sales Manager/Director of Marketing.


Mr. Huffman comes to the Company with over 25 years of management experience having created and supported marketing and sales programs for major skiing manufacturers including Salomon North America; Marker USA; Kastle USA; his own company, ICE-USA; and Evolution Ski Company.

(Photo: newscom.com )

Mr. Huffman will begin by organizing an experienced team of senior-level regional sales representatives across the US and will direct corporate sales as well as international sales and licensing. Kim plans to bring in complementary products from third party manufacturers as either private label or exclusive distributorships through the company.

Mike Lowe, President of Arete Outdoors, stated that "Kim is a seasoned industry veteran who is extremely knowledgeable and capable; and is very well known in the ski and outdoor sports business. We are very fortunate to have an exceptional individual like Kim whom we feel can open many doors and bring in tremendous resources from his network of sales reps and industry contacts to generate sales in the near term."

Thomas Raabe, CEO of Arete Industries, stated: "Mr. Huffman has a proven track record of building sales from scratch for leading companies like Salomon, Kastle, Marker and Evolution. He's started his own companies and is not afraid to roll up his sleeves and get involved in our company at this early stage. We're very excited to have him aboard."

Arete Industries, Inc. is a publicly traded holding company engaged in the business of offering new and established management venture services, turnaround expertise and business operational support through its professional management team and support staff and facilities located in Boulder, Colorado. It currently has two projects under management and development, Arete Outdoors, described above, and Seventh Generation Technologies, Inc., formerly named VerbalTech Labs, Inc., a software development company, which is on the cutting edge of human-machine interfaces. The technology is being developed for commercial applications in multiple areas including interactive language teaching for learning disabled children, voice recognition and intelligent robots. The company is seeking joint venture development partners and licensees for its technology.

For information contact: Thomas P. Raabe, CEO of Arete Industries, Inc., E-mail: ir@areteindustries.com; or James Stock of Stock Enterprises, Inc., Phone: (702) 614-0003, E-mail: ir@areteindustries.com.

SOURCE Arete Industries, Inc.

CONTACT: Thomas P. Raabe, CEO of Arete Industries, Inc., ir@areteindustries.com; or James Stock of Stock Enterprises, Inc., 702-614-0003, ir@areteindustries.com, for Arete /Photo: NewsCom: newscom.com AP Archive: photoarchive.ap.org PRN Photo Desk, 888-776-6555 or 201-369-3467
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