PHOENIX, May 1, 2009 (GLOBE NEWSWIRE) -- The Inventure Group, Inc. (Nasdaq:SNAK) announces the recent addition of Alex Rembert, of Chicago, IL, as Vice President of Operations. In his new role, Alex will be responsible for manufacturing, transportation and customer service for the whole company
Mr. Rembert comes to The Inventure Group with over twenty years of experience with Frito-Lay including Director of Operations for Pacific Northwest, Frito-Lay, Inc., where he had multiple plant responsibilities, 10 distribution centers, fleet maintenance operations and 650 delivery vehicles. In addition, he had served as Director of Supply Chain for Quaker Oats/Frito-Lay, Inc. Mr. Rembert left Frito-Lay, Inc. in 2006 and served as Vice President of Operations and Supply Chain for Ubiquity Brands Holding, LLC and most recently was, Vice President of Corporate Strategic Planning for Schulze and Burch, Inc.
Rembert attended Cal Poly at San Luis Obispo where he received his bachelor's degree in agricultural business. Mr. Rembert and his family will be relocating to the Phoenix area.
"We are extremely excited to have Alex join the Inventure Group team. He brings a wealth of knowledge to assist in growing current operations and will be a key leader in integrating future operations. His manufacturing and agricultural background will certainly help us to build on the momentum we have achieved over the last few years," says Terry McDaniel, President and CEO of The Inventure Group.
About The Inventure Group, Inc.
With manufacturing facilities in Arizona, Indiana and Washington, The Inventure Group is a marketer and manufacturer of Intensely Different(tm) specialty brands in indulgent and better-for-you food categories under a variety of Company owned or licensed brand names, including T.G.I. Friday's(r), BURGER KING(tm), Rader Farms(r), Boulder Canyon(tm) Natural Foods, Poore Brothers(r), Tato Skins(r) and Bob's Texas Style(r). For further information about The Inventure Group or this release, please contact Steve Weinberger, Chief Financial Officer, at (623) 932-6200, or logon to http://www.inventuregroup.net.
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Statements contained in this press release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that may cause actual results to differ from the forward-looking statements contained in this press release and that may affect the Company's prospects in general include, but are not limited to, the potential need for additional financing, acquisition-related risks, significant competition, customer acceptance of new products, dependence upon major customers, dependence upon existing and future license agreements, general risks related to the food products industry, deteriorating economic conditions, and such other factors as are described in the Company's filings with the Securities and Exchange Commission.