Legacy Brands Holding, Inc. Announces Management Change

Jan 25, 2010, 07:08 ET from Legacy Brands Holding, Inc.

SEVERNA PARK, Md., Jan. 25 /PRNewswire-FirstCall/ -- Legacy Brands Holding, Inc. (OTC Bulletin Board: LGBD) announces that Wade A. Walker has left its employ as CEO.

Mr. Walker joined Legacy Brands in December of 2009 in conjunction with a proposed acquisition of certain assets and technology. The acquisition discussions were with Legacy Outdoor Holding, Inc., a Nevada company, which is located in Indianapolis, Indiana. The acquisition was not consummated. There has never been a contractual nor shareholder relationship between Legacy Brands Holding and Legacy Outdoor Holding. There is no intention of resuming discussions with Legacy Outdoor Holding.

In anticipation of the proposed acquisition, Legacy Brands Holding had considered moving its corporate offices to Indianapolis, Indiana. Legacy Brands Holding's corporate offices will remain in Severna Park, MD.

For more information, please contact Michael Heilman at 410-647-9609, email: mike@legacybrandsinc.com, or visit our website (www.legacybrandsinc.com). Our website is being updated, so if it does not readily appear, please check back.

About Legacy Brands Holding, Inc.

Legacy Brands is a holding company that is acquiring companies and technologies in large, worldwide markets. Legacy Brands is implementing its business plan through synergistic acquisitions, unique product development, key alliances, and exclusive distribution rights. Legacy is traded OTC-BB (http://www.otcbb.com/asp/Info_Center.asp). After selecting this link, please enter our symbol (LGBD).

This release contains forward looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competition, inability to secure investment capital or financing, new and untested products, uncertainty of revenues and earnings, fluctuations in stock price and liquidity, market conditions, fluctuating operating results, and other risks detailed from time to time.

SOURCE Legacy Brands Holding, Inc.



RELATED LINKS

http://www.legacybrandsinc.com