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Non-Tech : LL Knickerbocker(KNIC)/Pure Energy Corp

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To: Brunello who wrote (219)2/24/1997 12:35:00 PM
From: Steven Messina,L.M.T.   of 1028
 
Thought I'd save ya's the trip to Yahoo:

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Monday February 24 8:06 AM EDT

L. L. Knickerbocker Names Robert L. West Acting President of Georgetown Subsidiary

Marie Osmond and Tamara Knickerbocker Join Georgetown Board of Directors

Tamara Knickerbocker Named Managing

Director of Creativity of Both LLK And Georgetown

LLK Board Member and Corporate Counsel

William R. Black Joins Company on Full Time Basis

RANCHO SANTA MARGARITA, Calif., Feb. 24 /PRNewswire/ -- The LL Knickerbocker Company Inc today announced it has named Robert L.
West to the post of Acting President of Georgetown Collection, Inc. Mr. West
served as Vice President - Chief Financial Officer of Georgetown from 1991 to
1995. The Company also announced it has appointed Marie Osmond, a long time
celebrity spokesperson for LLK, and Tamara Knickerbocker, Vice President, to
the Georgetown Board of Directors. William R. Black, member of the Board of
Directors and corporate counsel for LLK since 1995, has joined the Company
full time as in house legal counsel.
During his four year tenure with Georgetown as CFO, Mr. West was
responsible for cash management, sourcing and distribution, customer service
and bank relationships. As Vice President, Mr. West advised Georgetown on
market strategies and research and development, as well as participating in
creative design areas. Mr. West was responsible for raising $10 million for
Georgetown to fund its growth.
Prior, from 1987 to 1990, Mr. West served as Head of European Operations
for The Franklin Mint in the U.K. Mr. West is a graduate of the University of
North Carolina with a major in Management and Finance, and participated in a
graduate Masters of Science program related to Organizational Dynamics and
Leadership.
Louis L. Knickerbocker, Chairman & CEO, said "Mr. West brings strong
leadership in the areas of finance and management to Georgetown and will be
available to serve The L. L. Knickerbocker Company in its growth plans and in
the management of our more than $50 million in assets."
Marie Osmond has been in a License Agreement for the Marie Osmond
Collectible Dolls with The L. L. Knickerbocker Company since 1993. The
Company did $10 million in sales in 1996 of Marie Osmond dolls. Tamara
Knickerbocker, Vice President of LLK, has been with the Company since its
inception, responsible for the creation and development of LLK's products and
collectibles.
William Black is a licensed attorney and member of the California State
Bar, the Federal District Courts for the Central and Northern Districts of
California and the Ninth Circuit Court of Appeals. He also holds a BSBA in
Marketing and an MBA from the University of Denver. He has extensive
experience in mergers and acquisitions and in Securities and Exchange laws.
Mr. Knickerbocker added, "The addition of Marie Osmond and Tamara
Knickerbocker to the Georgetown Board is expected to add a very important
dimension to the future of that subsidiary. Tamara Knickerbocker has been
responsible for the dynamic growth of the Marie Osmond programs for LLK, with
80% of Marie's dolls driving 90% of sales. In direct response sales, 20% of
product normally drives 80% of sales, speaking very highly for Tamara's
talents, which will now be added to Georgetown's operations."
He went on to say "Bill Black's contribution to the Company as outside
counsel has been invaluable in our recent acquisition program and all legal
matters concerning the Company. We are looking forward to his employment on a
full time basis."
The L. L. Knickerbocker Co., Inc. develops a line of celebrity endorsed
products, contracts for the manufacture of those products to the Company's
specifications and sells them to customers through diverse retail markets. In
addition, the Company manufactures and sells its own jewelry products through
diverse markets and through its own worldwide sales force. The Company has a
38.3% equity investment interest in Pure Energy Corporation, the exclusive
worldwide licensee to an alternative fuel with patent pending developed at
Princeton University. The Company also has a 25% equity investment interest
in Self-Heating Container Corporation (now known as Ontro, Inc.) and Insta-
Heat, Inc., engaged in the development of new products which self-heats
liquids and meals in a can.

SOURCE L.L. Knickbocker Co., Inc.

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