Kenwick Industries Inc. Retains New Financial Consulting and Investor Relations Firm to Assist in Strategic Planning and Increase Exposure to the Investor Community
PMR and Associates brought on board for Kenwick Industries Inc.
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--March 3, 1999-- Kenwick Industries Inc. (NASD OTC BB:KWIN) announced Wednesday that it has retained the services of the financial consulting firm PMR and Associates.
PMR and Associates provides consulting services to private and public companies in areas ranging from corporate finance, acquisitions, business development and investor relations.
Under the leadership of Patrick M. Rost, PMR and Associates has developed a strong track record in creating shareholder value for numerous NASDAQ and OTC clients by integrating a broad range of services into the corporate strategy of its client companies.
Rost is a graduate of the Catholic University of America Columbus school of Law in Washington DC and the Notre Dame London Law Centre, Concannon School of International Law and Finance. He has previously served on the board of directors of several organizations, including the American Liver Foundation (San Diego Chapter) and the Scripps Memorial Hospital Steven's Cancer Center Annual Fund Raising Event.
After finishing his legal career with one of the top law firms in the country, Rost joined a large consumer products import export firm as the Director of Legal Affairs and Business Development. He played a major role in several acquisitions and initiated business development resulting in revenue growth from $15 million to $75 million before he began his own firm.
''I am extremely excited about working with management of Kenwick Industries Inc. and assisting them with their planning and implementation of a strategic acquisition plan for enhancing shareholder value in 1999. I am very impressed with Kenwick's broadening scope of business interests,'' stated Rost.
''By expanding Kenwick's client base through an intensive internal marketing program and acquisitions, an increased revenue growth is readily achievable. Kenwick's management team is composed of experienced veterans in business and industry and it is poised to become a major player in the automotive sales and financing arena,'' concluded Rost.
''PMR and Associates brings a unique set of skills to Kenwick,'' added Wulwick, president of CEO of Kenwick Industries Inc. ''Mr. Rost's organization has a thorough understanding of Strategic Planning and solid financial experience to assist in bringing about significant bottom line profits. His investor relations credentials and contacts will provide outstanding exposure to the financial markets through his extensive network of contacts with investment bankers, brokerage firms, industry analysts, institutional investors and industry forums. We anticipate a long and productive relationship between our firms,'' concluded Wulwick.
Kenwick Industries is a multi-industry corporation whose core business is automobile sales and financing. Kenwick also manages a language program distribution system which distributes Philips Electronics N.V. (NYSE:PHG - news) language programs.
This press release contains forward-looking statements with respect to the results of operations, expectations and business of the company that involves risk and uncertainties. The company's actual future results could materially differ from time to time in the company's periodic reports to be filed with the Securities and Exchange Commission.
Contact:
Kenwick Industries Inc., Fort Lauderdale
Ken Wulwick, 800/822-4122
or
PMR and Associates
Patrick M. Rost, 760/942-0015 |
