EDMONTON, Aug. 13 /CNW/ - Planet Organic Health Corp.("Planet Organic") -
(TSX Venture Exchange - POH) announced today that Brent Knudsen has been
appointed to the Board of Directors.
Mr. Knudsen is the managing partner of Partnership Capital Growth
Advisors, LLC. Since 1983 Mr. Knudsen has focused his business development in
the healthy and active living and aging markets. Prior to founding PCGA, Mr.
Knudsen was an original partner in North Castle Partners where he was key in
developing EAS, the leading active nutrition brand in the U.S., Red Door Spas,
the dominant market presence in prestige salons and day spas and the original
acquisition of Naked Juice.
His first work in the sector was when Mr. Knudsen focused on health care
strategy and mergers and acquisitions while working at Bain and Company. This
led him into serving as the original Vice President of Marketing and Business
Development for Price Club, holding the same position at Costco before and
after the merger of the two companies. Throughout his tenure, Mr. Knudsen
witnessed growth from the startup stage to $20 billion in revenue to what it
has become today, a $60 billion international retailer.
"We are thrilled to welcome Brent Knudsen to the Planet," said Darren
Krissie, VP & CFO. "With Brent's experience in, and understanding of, today's
business environment he will be a valued member of the Planet Organic Health
Corp. Board of Directors."
ABOUT PLANET ORGANIC HEALTH CORP.
Planet Organic Health Corp. (TSX-V: POH), is a natural products industry
company, comprising manufacturing, distribution and retail. Planet is listed
on the TSX Venture Exchange as a Tier One company. In Canada, Planet operates
eight natural food supermarkets under the Planet Organic Market banner, 52
natural health outlets under the Sangster's Health Centre banner and seven
natural health outlets under the Healthy's banner. Another POHC company,
Trophic Canada is the country's leading manufacturer of natural supplements.
In the U.S., Planet operates 11 supermarkets under the Mrs Greens Natural
Markets banner. The Company has a total of 77 stores throughout North America.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Certain information included herein is forward-looking. Forward-looking
statements include, without limitation, statements regarding the future
financial position, business strategy, budgets, projected costs, capital
expenditures, financial results, taxes and plans and objectives of or
involving Planet. Many of these statements can be identified by looking for
words such as "believe", "expects", "expected", "will", "intends", "projects",
"anticipates", "estimates", "continues". Planet Organic believes the
expectations reflected in such forward-looking statements are reasonable but
no assurance can be given that these expectations will prove to be correct and
such forward-looking statements should not be unduly relied upon.
Forward-looking statements are not guarantees of future performance and
involve a number of risks and uncertainties some of which are described in
Planet Organic's continuous disclosure documents. Such forward-looking
statements necessarily involve known and unknown risks and uncertainties and
other factors, which may cause Planet Organic's actual performance and
financial results in future periods to differ materially from any projections
of future performance or results expressed or implied by such forward-looking
statements. Such factors include, but are not limited to: general economic,
market and business conditions; industry capacity; competitive action by other
companies; refining and marketing margins; the ability of suppliers to meet
commitments; actions by governmental authorities including increases in taxes;
changes in environmental and other regulations; and other factors, many of
which are beyond the control of Planet Organic. Any forward-looking statements
are made as of the date hereof and Planet Organic does not undertake any
obligation, except as required under applicable law, to publicly update or
revise such statements to reflect new information, subsequent or otherwise.
For further information:
For further information: Darren Krissie, VP Corporate Development, CFO,
Planet Organic Health Corp., (780) 719-4667, firstname.lastname@example.org; Peter
Weichler, Grant Howard, The Howard Group Inc., Toll Free: 1-888-221-0915,
Info@howardgroupinc.com; Robyn Quinn, APR, Planet Organic Markets, National
Public Relations, Coordinator, (250) 370-0719, email@example.com