LOS ANGELES, Nov. 13 /PRNewswire-FirstCall/ -- AVP, Inc. (OTC Bulletin
Board: AVPI), a lifestyle sports entertainment company focused on
professional beach volleyball, today announced that it has elected Kathy
Vrabeck, former President of Activision Publishing, to its Board of
Directors. The new member expands AVP's Board to nine, a majority of whom
are independent directors.
"Kathy's extensive experience and expertise in licensing and global
brand management, particularly with major corporate sponsors who target our
demographics, will enhance our ongoing efforts to attract additional
sponsors and advertisers," said Leonard Armato, Chief Executive Officer of
AVP, Inc. "Kathy brings a proven track record of achievement including
being named to the Hollywood Reporter's '100 Most Powerful Women in
Entertainment' in both 2003 and 2004 and named by Business Week's March
2005 issue as one of '25 Up and Coming Media Executives.' We are delighted
to have her join AVP and look forward to her contributing to our success."
Ms. Vrabeck joined Activision in 1999 as Executive Vice President of
Global Brand Management, where she was promoted in 2000 to Executive Vice
President of Global Publishing and Brand Management, and in 2003 to
President of Activision Publishing. Prior to that, she was Senior Vice
President of Marketing at ConAgra Grocery products and spent seven years at
The Pillsbury Company serving in various executive positions with a focus
on sales and marketing. Additionally, she held marketing positions at
Quaker Oats. She began her career at Eli Lilly & Company. Ms. Vrabeck
received her BA from DePauw University and her MBA from Indiana University,
About AVP, Inc.
AVP, Inc. is a lifestyle sports entertainment company focused on the
production, marketing and distribution of professional beach volleyball
events worldwide. AVP operates the industry's most prominent volleyball
tour in the United States, the AVP Crocs Tour. Featuring more than 200 of
the top American men and women competitors in the sport, including Gold
Medalists from every Olympics since beach volleyball became an Olympic
sport, AVP held 16 AVP Crocs Tour events throughout the United States in
2006. For more information, please visit www.avp.com.
All above-mentioned trademarks are the properties of their respective
Some of the information in this press release may contain projections
or other forward-looking statements regarding future events or the future
financial performance of the Company. We wish to caution you that these
statements involve risks and uncertainties and actual results might differ
materially from those in the forward-looking statements, if we receive less
sponsorship and advertising revenue than anticipated, or if attendance is
adversely affected by unfavorable weather. Event-related expenses, such as
for the stadium, transportation and accommodations, or security might be
greater than expected; or marketing or administrative costs might be
increased by our hiring, not currently planned, of a particularly qualified
prospect. Additional factors have been detailed in the Company's filings
with the Securities and Exchange Commission, including our recent filings
on Forms 10-K and 10-Q.
SOURCE AVP, Inc.