William P. Brick Named Chief Executive Officer of Packaged Ice

Apr 19, 2001, 01:00 ET from Packaged Ice, Inc.

    HOUSTON, April 19 /PRNewswire/ -- Packaged Ice, Inc. (Amex:   ICY) today
 announced that food veteran William P. Brick, age 50, has been named its Chief
 Executive Officer, succeeding James F. Stuart who resigned for personal
 reasons.  The Company also announced that A.J. Lewis III, formerly Vice
 Chairman, has been appointed Chairman of the Board.  In addition, the
 Company's director, Steven P. Rosenberg, has been appointed Vice Chairman and
 a member of the Board's Executive Committee, which now consists of Messrs.
 Brick, Lewis and Rosenberg.
     Mr. Brick was Chief Operating Officer of Suiza Food's U.S. Dairy
 Operations from October 1996 until January 2000.  In that capacity he oversaw
 the development of Reddy Ice as an operating division of Suiza Foods and its
 subsequent sale to Packaged Ice in 1998.
     "We are delighted to have an executive of Bill Brick's caliber as CEO,"
 stated Mr. Lewis.  "He is a seasoned ice industry executive with demonstrated
 organizational and leadership capabilities.  He has proven expertise in the
 planning and development of smaller businesses.  We feel that Packaged Ice can
 achieve its full potential under his proven leadership."
     "It has been a pleasure working with Jim Stuart over the last ten years,"
 added Mr. Lewis.  "He is an extraordinary and insightful visionary who built
 Packaged Ice from a dream to where it is today, a national marketer of ice
 with approximately $250 million in annual sales.  He designed and developed
 the Ice Factory(TM) technology that has transformed the ice industry forever."
     Mr. Stuart said, "I have enjoyed the challenges and rewards of building
 Packaged Ice from its founding to its present position as the nation's largest
 ice company.  The Company's entrepreneurial phase is now complete, and I
 believe the time has come for me to step aside and turn Packaged Ice over to
 the next CEO."
     Mr. Brick commented, "I am excited to be returning to the ice industry,
 particularly with a company of Packaged Ice's capabilities, solid national
 presence and strong retail relationships.  I look forward to working closely
 with the Company's first-class management team as we focus on building
 shareholder value."
     Packaged Ice is the largest manufacturer and distributor of packaged ice
 in the United States and currently serves over 76,000 customer locations in
 30 states and the District of Columbia.  The Company services all significant
 markets of the ice industry, including supermarkets and convenience store
 retailers, restaurants, special entertainment events, commercial users and the
 agricultural sector.  Packaged Ice's proprietary technology, the Ice
 Factory(TM), has changed the competitive landscape in the ice industry and is
 the driving force behind the Company's stated strategy to increase market
 share in regions where the Company targets expansion.
 
     This press release contains various forward-looking statements and
 information that are based on management's belief as well as assumptions made
 by and information currently available to management.  Although the Company
 believes that the expectations reflected in such forward-looking statements
 are reasonable; it can give no assurance that such expectations will prove to
 have been correct.  Such statements are subject to certain risks,
 uncertainties and assumptions.  Should one or more of these risks materialize,
 or should underlying assumptions prove incorrect, actual results may vary
 materially from those expected.  For a discussion of the risks, investors are
 urged to refer to the Company's reports filed under the Securities Exchange
 Act of 1934.
 
      Contacts:  David A. Goldman, Director,
                 Corporate Development
                 713-464-9384
 
                 Ken Dennard / kdennard@easterly.com
                 Lisa Elliott / lisae@easterly.com
                 Easterly Investor Relations
                 713-529-6600
 
 

SOURCE Packaged Ice, Inc.
    HOUSTON, April 19 /PRNewswire/ -- Packaged Ice, Inc. (Amex:   ICY) today
 announced that food veteran William P. Brick, age 50, has been named its Chief
 Executive Officer, succeeding James F. Stuart who resigned for personal
 reasons.  The Company also announced that A.J. Lewis III, formerly Vice
 Chairman, has been appointed Chairman of the Board.  In addition, the
 Company's director, Steven P. Rosenberg, has been appointed Vice Chairman and
 a member of the Board's Executive Committee, which now consists of Messrs.
 Brick, Lewis and Rosenberg.
     Mr. Brick was Chief Operating Officer of Suiza Food's U.S. Dairy
 Operations from October 1996 until January 2000.  In that capacity he oversaw
 the development of Reddy Ice as an operating division of Suiza Foods and its
 subsequent sale to Packaged Ice in 1998.
     "We are delighted to have an executive of Bill Brick's caliber as CEO,"
 stated Mr. Lewis.  "He is a seasoned ice industry executive with demonstrated
 organizational and leadership capabilities.  He has proven expertise in the
 planning and development of smaller businesses.  We feel that Packaged Ice can
 achieve its full potential under his proven leadership."
     "It has been a pleasure working with Jim Stuart over the last ten years,"
 added Mr. Lewis.  "He is an extraordinary and insightful visionary who built
 Packaged Ice from a dream to where it is today, a national marketer of ice
 with approximately $250 million in annual sales.  He designed and developed
 the Ice Factory(TM) technology that has transformed the ice industry forever."
     Mr. Stuart said, "I have enjoyed the challenges and rewards of building
 Packaged Ice from its founding to its present position as the nation's largest
 ice company.  The Company's entrepreneurial phase is now complete, and I
 believe the time has come for me to step aside and turn Packaged Ice over to
 the next CEO."
     Mr. Brick commented, "I am excited to be returning to the ice industry,
 particularly with a company of Packaged Ice's capabilities, solid national
 presence and strong retail relationships.  I look forward to working closely
 with the Company's first-class management team as we focus on building
 shareholder value."
     Packaged Ice is the largest manufacturer and distributor of packaged ice
 in the United States and currently serves over 76,000 customer locations in
 30 states and the District of Columbia.  The Company services all significant
 markets of the ice industry, including supermarkets and convenience store
 retailers, restaurants, special entertainment events, commercial users and the
 agricultural sector.  Packaged Ice's proprietary technology, the Ice
 Factory(TM), has changed the competitive landscape in the ice industry and is
 the driving force behind the Company's stated strategy to increase market
 share in regions where the Company targets expansion.
 
     This press release contains various forward-looking statements and
 information that are based on management's belief as well as assumptions made
 by and information currently available to management.  Although the Company
 believes that the expectations reflected in such forward-looking statements
 are reasonable; it can give no assurance that such expectations will prove to
 have been correct.  Such statements are subject to certain risks,
 uncertainties and assumptions.  Should one or more of these risks materialize,
 or should underlying assumptions prove incorrect, actual results may vary
 materially from those expected.  For a discussion of the risks, investors are
 urged to refer to the Company's reports filed under the Securities Exchange
 Act of 1934.
 
      Contacts:  David A. Goldman, Director,
                 Corporate Development
                 713-464-9384
 
                 Ken Dennard / kdennard@easterly.com
                 Lisa Elliott / lisae@easterly.com
                 Easterly Investor Relations
                 713-529-6600
 
 SOURCE  Packaged Ice, Inc.