Conihasset Capital Partners Announces Changes to Its Board of Directors and Formation of New Subsidiary
26 Octubre 2010 - 10:29AM
Marketwired
Conihasset Capital Partners, Inc. (PINKSHEETS: CNHA) (the
"Company") has announced that Bradley J. Hoecker has been appointed
Chairman of the Board of Directors of the Company (the "Board").
Mr. Hoecker succeeds former Chairman Lawrence Lipsher who remains
on the Board as an independent member as well as the Chairman of
the Compensation Committee. Jerry Julian also remains on the Board
as an independent member and the Chairman of the Audit Committee.
Paul Sonkin, Manager of the Hummingbird Value Fund, resigned from
the Board in February 2010.
Richard D. Bailey, President and Chief Executive Officer of the
Company, made the announcement stating, "On behalf of the employees
and shareholders, I would like to thank Paul for his dedicated
service and continued commitment to the Company and Larry for his
service as our Chairman."
"Further, let me say how much I look forward to Brad's
leadership as Chairman of the Board. Brad brings tremendous
leadership experience, a belief in rigorous discipline and
execution of our business plan as well as a commitment to the
communication necessary as we move into 2011 and the continued
implementation of our strategy."
In accepting the position of Chairman, Mr. Hoecker stated,
"Conihasset remains dedicated to acquiring and managing small
manufacturing, service and distribution companies. In addition to
our current operating company, Diversified Fluid Systems in Boise,
ID which is experiencing considerable growth, we intend to broaden
our scope to target small companies in other industries, including
gaming and entertainment. In pursuit of this goal, we have created
and are in the final phases of capitalizing a wholly-owned
subsidiary, MH Gaming LLC, which will be dedicated to the gaming,
arcade and entertainment marketplace. For the past several months,
we have been analyzing a number of interesting opportunities in
this marketplace and look forward to implementing our
strategy."
About Conihasset: Conihasset Capital
Partners is a holding company quoted on the OTC Pink Sheets under
the ticker CNHA. The Company currently owns 100% of Diversified
Fluid Systems ("DFS") of Boise, ID. DFS designs, manufactures and
services chemical blending and management systems for the
semiconductor, solar and other industries. You can learn more about
DFS by visiting its Facebook page at the following link
http://www.facebook.com/pages/Boise-ID/Diversified-Fluid-Systems/134410039926993
or its website at www.diversifiedfluids.net.
FORWARD-LOOKING STATEMENTS: Statements
included in this press release that are not historical facts are
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995 (the "1995 Act"). The
words "believe," "belief," "expect," "anticipate," "intend,"
"estimate," "growth," "target," "goal," "opportunities," "look
forward," "implementing," and similar expressions identify
forward-looking statements. The Company cautions readers that
forward-looking statements reflect the Company's current
expectations and assumptions that are subject to certain risks and
uncertainties which could cause actual results to differ materially
from those projected in the forward-looking statements. Statements
made herein are made in reliance on the safe harbor for
forward-looking statements contained in the 1995 Act. The Company
assumes no obligation to update or revise any forward-looking
statements made herein or any other forward-looking statements
otherwise made by the Company.
Contact: Jeffrey Leach (201) 874-0684 Conihasset
Capital Partners Inc 759 CJC Highway, #235 Cohasset, MA 02025 Tel:
617-320-8347 Facsimile: 617-249-0198
www.conihasset.com
(USOTC:CNHA)
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