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DWIS Dinewise Inc (PK)

0.045
0.01 (28.57%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Dinewise Inc (PK) USOTC:DWIS OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.01 28.57% 0.045 0.025 0.21 0.045 0.045 0.045 500 21:30:10

DineWise Inc. Appoints James Leach to Its Board of Directors

06/12/2011 2:00pm

GlobeNewswire Inc.


Dinewise (PK) (USOTC:DWIS)
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DineWise, Inc. (OTCPK:DWIS) (the "Company"), a national leading provider of consumer brands focusing on nutrition, gourmet foods, and convenience for a broad and growing cross section of under served consumers in the United States, through its DineWise®, Home Bistro® and Colorado Prime® brands, announced today the appointment of James Leach of Newport, Rhode Island to its Board of Directors.

Mr. Leach currently serves as the Senior Managing Director of National Trust, LCC a subsidiary of the Leach Family Trust, one of New England's oldest real estate developers. Since February 1997 he has served on the board of The Oster Group, a privately owned investment banking operation specializing in providing capital and business management to emerging companies and since March 2005 has been on the board of Kenney Manufacturing Company, a leading manufacturer and distributor of household products established in 1914. Since Feb 2010, he has been a director of Recharge Plus, a privately held company with advanced mobile and e-Wallet systems, and from August 2010 – April 2011 he has served as Non Executive Vice Chairman and a director at Empire Energy Corporation, an international oil and gas exploration public company. In December 2011, he was appointed to the board of BCM Energy Partners, Inc., a public company operating in the oil and gas industry.

"We are very excited to expand our Board of Director's with the addition of James Leach as an independent Director. Mr. Leach's proven track record, insight and expertise in providing corporate guidance to a wide array of companies will enhance our existing board, management team and aid our current initiatives, including; filing of a Form 10 with the SEC, recapitalizing the balance sheet and supplementing our organic growth with other similar acquired businesses," said Paul A. Roman, President and CEO of DineWise.  

About DineWise, Inc.

Headquartered in Farmingdale, New York, DineWise, Inc. is a national distributor of nutritional, fully prepared meals assisting time-impaired, temporarily or permanently homebound consumers and their caregivers via its DineWise® brand. Its branded product lines Home Bistro® and Colorado Prime® cater to the growing demand for gourmet products and services that address prevailing consumer trends for convenience. To learn more, visit www.DineWise.com and find a complete menu of nutritious and convenient dining solutions.

Safe Harbor Statement

This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements.  The company may experience significant fluctuations in future operating results due to a number of economic, competitive, and other factors.  These factors and others could cause operating results to vary significantly from those in prior periods, and those projected in forward-looking statements.  Additional information with respect to these and other factors, which could materially affect the Company and its operations are included in certain forms DineWise has filed with the Securities and Exchange Commission.

CONTACT: Thomas McNeill, Vice President,
         Chief Financial Officer
         800-749-1170 or
         via email at ir@dinewise.com

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