Millennium Prime (MLMN) Announces Formation and Appointment to Advisory Board
MIAMI BEACH, Fla., May 4 /PRNewswire-FirstCall/ -- Millennium Prime, Inc. (Pink Sheets: MLMN) announces the formation and appointment of the first member to its corporate Advisory Board. The board will provide valuable perspective and counsel to the executive team in the areas of market trends, strategic business development, and operations across our beverage, entertainment and future business divisions.
Paul J. Governale, Founder and Partner of East Coast Wine & Spirits LLC, has been appointed as the first member of the Advisory Board. East Coast Wine & Spirits is a marketing and brokerage service company, that develops and implements strategic plans to market and sell spirit brands, including Bong Spirit's Super Premium Vodka™ through distribution networks. Most recently, Paul was also the Director of North American sales for Cabana Cachaca LP, an Artesian spirits company that specializes in South American spirits. Paul brings experience across the whole beverage and alcohol sales industry, including marketing, finance, negotiation, distributor contracts, new product development, research, production, and forecasting.
Prior to the beverage industry, Mr. Governale had extensive experience on Wall Street with over 16 years of experience in both institutional sales and relationship management. Previous roles include being President of Whiteweld Trading LLC, an Institutional Trading Agency Trading Firm, as well as Senior Vice President of Whiteweld, Barrister & Brown, Inc., Director/Vice President of Prudential Securities, Inc. (special accounts division), Vice President of Paine Webber, Inc. (private client group), and Vice President of Morgan Stanley Dean Witter (wealth management).
"We are very excited to have Paul Governale as our first appointment to our Advisory Board," said John F. Marchese, CEO of Millennium Prime, Inc. "Paul is a dynamic and entrepreneurial spirit, with a long record of achievement and success in both the beverage/spirit and finance markets. We will immediately benefit from his strong working relationship with Southern Wine & Spirits of America, his first hand experience in the brokerage of Bong Spirit's Super Premium Vodka™, and his extensive rolodex and knowledge of spirit brands and beverage contacts."
About MILLENNIUM PRIME
Millennium Prime (OTC:MLMN.pk) develops, acquires and markets innovative lifestyle brands with superior quality, design and style for the Millennial marketplace. We will enter lifestyle product markets and establish business units focused on brand categories where we can achieve a clear and authentic leadership position within the Generation-Y demographic. Our growth strategy combines the use of strategic acquisition, organic growth, and innovative invention to serve our Millennial trendsetter focused strategies. Superior Lifestyle Brand Innovations for the Millennial Generation: www.millenniumprime.com
Millennium Prime has executed a definitive agreement to acquire Bong Spirit Imports, LLC, marketer of Bong Spirit's Super Premium Vodka™, under the terms and mutual conditions of closing disclosed in our 8K filing on April 16, 2010 (http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7190430).
Forward-Looking Statements
This release contains "forward-looking statements" and information provided by Millennium Prime, Inc., such as online, printed documents, publications or information available via Millennium Prime's website, which may contain certain forward-looking statements that involve risks, uncertainties, assumptions and other factors, which, if they do not materialize or prove correct, could cause Millennium Prime's results to differ materially from historical results, or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates," and similar words. These statements may also include plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief; and any statements of assumptions underlying any of the foregoing.
SOURCE Millennium Prime, Inc.
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