To: $Mogul who wrote (18717 ) 10/13/1999 10:42:00 PM From: Jetta Respond to of 108040
One Family (ONEF) Names New CEO Wednesday October 13, 6:30 am Eastern Time Company Press Release One Family Names New CEO LITTLETON, Colo.--(BUSINESS WIRE)--Oct. 13, 1999--One Family Investment, Inc. (OTC BB: ONEF - news), an Internet-based health and wellness company (www.onefamily.com), has named Patrick Maguire as Chief Executive Officer. He replaces Steven Cantor, Co-Founder of the Company, who moves to the position of Chairman of the Board of Directors. ''Pat Maguire is a strong and highly experienced leader who will guide One Family through its next phase of growth,'' said Cantor. ''Few people have his broad-based understanding of the direct selling industry with 30 years of managing sales, staff, training and operations.'' Maguire spent 23 years with Avon Products, Inc. where he had a steady record of progressive management responsibilities including extensive international experience. In his last position, as Regional Vice President, he was responsible for 90,000 independent sales representatives. Most recently, Maguire has been the founder and Senior Partner of a retainer-based executive recruiting firm specializing in the direct selling industry. ''I am excited to take on the leadership of One Family because it unites the power of the Internet and direct selling in a way that has never been done before,'' said Maguire. ''This is a company that will truly make a difference in the home and working lives of families.'' Except for the historical information contained in this news release, the matters discussed are forward-looking statements that involve risks and uncertainties. When used in this release, words such as ''anticipate,'' ''believe,'' ''estimate,'' ''expect,'' ''intend,'' and similar expressions, as they relate to the company and its management, identify forward-looking statements. Such forward-looking statements are based on the beliefs of the company's management, as well as assumptions made by, and information currently available to, the company's management. Among the factors that could cause actual results to differ materially are the following: the effect of business and economic conditions; the impact of competitive products and pricing; capacity and supply constraints or difficulties; product development, commercialization or technological difficulties; the regulatory, reimbursement and trade environment; and the risk factors reported from time to time in the company's reports. For more information and due-diligence, contact John Di Cicco: Tel: 604/684-2004, Fax: 604/689-2669. -------------------------------------------------------------------------------- Contact: One Family Investment Inc. John Di Cicco, 604/684-2004