RegalWorks Media, Inc. Announces the Addition of Three New Executives to Its Team
SANTA MONICA, Calif., Oct. 9, 2013 /PRNewswire/ -- RegalWorks Media, Inc. (formerly AmerElite Solutions, Inc. – OTC Markets & OTCBB: RWMI) is pleased to announce the addition of two veteran media industry executives to its team and the Company's new Secretary.
Recently, the Company appointed Maureen Smith to the RegalWorks Board of Directors. Her integrity, communications, and management skills established Ms. Smith as a highly effective executive from her earliest days at FOX Broadcasting through her simultaneous presidencies at FOX Family Channel (now known as ABC Family) and FOX Kids Network, to her position as the head of Discovery Communication's Animal Planet Network and Animal Planet Media Enterprises. Ms. Smith also served as Chief Marketing and Operations Officer at Maroon Public Relations and she is currently head of Marketing, Communications, and Children's Publications at the National Wildlife Federation – America's largest wildlife conservation, advocacy and education organization.
The Company named Ms. Marcia Allen as Chief Financial Officer and appointed her to the RegalWorks Board of Directors. Ms. Allen has over twenty-five years of experience in entertainment, film finance, strategic planning, and investment banking. Ms. Allen was a founder and served as Chief Financial Officer and Director of The Movie Group, (previously AMEX traded) which was the original platform company to what is now Lionsgate Entertainment (NYSE). Ms. Allen has held positions as Chief Financial Officer for Taco Bell Corp. (a subsidiary of Yum! Brands, Inc., (NYSE)), Senior Vice President of Finance and Business Development at WR Grace & Co (NYSE), and a founder of Ruby Tuesday, Inc. (NYSE). Ms. Allen was educated in Finance and Accounting at the University of Tennessee.
The Company appointed John Eger as its Secretary. Mr. Eger has served as a senior executive in over a dozen organizations, and through multiple engagements as a strategic consultant to a wide variety of both investors and companies, Mr. Eger has advised in transition management, strategic alliances, co-developments, reorganizations, and funding rounds with firms such as Raytheon, Equitable Resources and Eaton Cutler Hammer. As Chief Operating Officer of Capital General Corporation, a private investment banking firm, Mr. Eger led a team that was responsible for mergers and acquisitions, capital formation, work-outs and plans of re-organization totaling more than $125 million in four years. Mr. Eger has successfully held senior management positions in a diverse range of industries including E-Premis (information management), InteliHome (home automation), National Response Corporation and Direct Partners (direct response marketing), and EAD (trade publishing).
Dane West, the Company's President & CEO, stated, "RegalWorks has set its sights on achieving an ambitious business plan. Therefore, the exceptional backgrounds and experience of Marcia, Maureen and John are very much welcomed as they all have deep industry knowledge and a substantial network that will be instrumental in building a world-class organization. I'm very excited to be working with them and thankful that they have joined the RegalWorks team."
About RegalWorks Media, Inc.:
RegalWorks is a publicly traded, independent multimedia studio led by a highly regarded team of media and business executives. The initial focus of the Company is feature film production that matches worldwide audiences with stories that resonate. RegalWorks' slate of films and projects in the pipeline include leading producers and directors that will produce buzz-worthy films with memorable story lines and characters, and employ internationally bankable casts. The Company also intends to complete several strategic acquisitions in the area of media production for film, TV, games, and online, as well as Internet and mobile advertising and marketing to provide additional distribution, marketing channels and trans-media formats to further leverage the content the Company produces.
Safe Harbor Statement:
This press release contains certain statements that may include "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," "anticipate," "optimistic," "intend," "will" or other similar expressions. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under applicable securities laws, the Company does not assume a duty to update these forward-looking statements.
SOURCE RegalWorks Media, Inc.
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