Nevada, Aug. 1, 2014 (GLOBE NEWSWIRE) -- Costas Inc. appoints new President,
Costas Inc. (CSSI) is pleased to announce the appointment of its new president and chief executive officer Ashley Sansalone. Mr. Sansalone brings to Costa's his many seasoned years as a North American based fund manager as well as experience in several tech start up's successfully managed and ultimately sold for significant gains.
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The risks and uncertainties referred to above include, but are not limited to: variability of operating results among periods; inability to retain or grow our business due to execution problems resulting from significant headcount reductions, plant closures and product transfer associated with major restructuring activities; the effects of price competition and other business and competitive factors generally affecting the EMS industry; the challenges of effectively managing our operations during uncertain economic conditions; our dependence on a limited number of customers; our dependence on industries affected by rapid technological change; the challenge of responding to lower-than-expected customer demand; our ability to successfully manage our international operations; and delays in the delivery and/or general availability of various components used in the manufacturing process. These and other risks and uncertainties and factors are discussed in the Company's various public filings at www.sedar.com and www.sec.gov, including our Form 20-F and subsequent reports on Form 6-K filed with the Securities and Exchange Commission. Except as required by applicable law, we disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Ashley Sansalone President