DALLAS, Feb. 18, 2014 /PRNewswire/ -- Former United States Senator Kay Bailey Hutchison has accepted an appointment
to join the board of directors of CVSL Inc. [OTCQB:
CVSL]. The announcement was made today by CVSL chairman
John Rochon.
"It is an extraordinary honor for us to have Senator Hutchison
as a member of CVSL's board," said Mr. Rochon. "During her
many distinguished years of service at the highest level of
government, Senator Hutchison has shown great leadership in
supporting and defending the free enterprise system and she has
been an eloquent champion of economic opportunity. She also
has a deep understanding of international commerce and the world
political scene. CVSL is expected to greatly benefit from her
knowledge and wisdom."
"When I learned about CVSL's mission of nurturing
micro-enterprise around the world, and as I came to understand and
admire John Rochon's vision, I knew
this would be an opportunity for me to help entrepreneurs in a new
and innovative way," said Senator Hutchison. "Since tens of
millions of the world's micro-entrepreneurs are women, this should
be a meaningful way to touch the lives of women. I very much
look forward to working with the CVSL board to further these
worthwhile goals," she added.
Senator Hutchison served for two decades as a U.S. Senator from
Texas, from 1993 to 2013.
She is the only woman ever elected to represent the state in the
U.S. Senate.
In the Senate, she served on the Appropriations Committee and
was ranking Republican on the Commerce, Science and Transportation
Committee.
Before being elected to the Senate, she served in the
Texas House of Representatives
from 1972 to 1976 and served on the National Transportation Safety
Board from 1976 to 1978. After holding positions as a bank
executive and general counsel, and a small business owner, she
served as Texas State Treasurer from 1990 to 1993 and was temporary
co-chair of the Republican National Convention in 1992.
She holds a degree from the University of
Texas at Austin and a law degree from the School of Law at
the University of Texas. She and her husband Ray live in
Dallas with their two
children.
About CVSL
(www.cvsl.us.com)
Dallas-based CVSL is a growing
group of micro-enterprise companies that connect social media
networks into an ever-expanding virtual "community" of social
commerce. CVSL companies currently include The Longaberger
Company, a 40-year old maker of hand-crafted baskets and other
home decor items; Your Inspiration At Home, an award-winning
maker of hand-crafted spices and other gourmet food items from
around the world; Tomboy Tools, a direct seller of tools
designed for women as well as home security systems; and Agel
Enterprises, a global seller of nutritional products in gel
form as well as a skin care line sold under the Ageless™
brand, operating in 40 countries; Paperly, which offers a
line of custom stationery and other personalized products and
My Secret Kitchen, a U.K.-based seller of gourmet food
products. In addition, CVSL and Golden Girls, a purchaser of
gold and tradable jewelry, have signed a definitive purchase
agreement, which is subject to customary closing conditions.
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements that
involve risks and uncertainties. All statements other than
statements of historical fact contained in this press release are
forward-looking statements. We have attempted to identify
forward-looking statements by terminology including "anticipate,"
"believe," "can," "continue," "could," "estimate," "expect,"
"intend," "may," "plan," "potential," "predict," "project,"
"should," or "will" or the negative of these terms or other
comparable terminology. Such statements include statements
regarding our anticipated revenues, and our growth and the expected
contribution of Senator Hutchison. Although we do not make
forward-looking statements unless we believe we have a reasonable
basis for doing so, we cannot guarantee their accuracy. These
statements are only expectations and involve known and unknown
risks, uncertainties, and other factors; our growth may not
continue as anticipated, our revenue may not be as expected, the
great benefit of Senator Hutchison's knowledge and wisdom may not
be as expected and the risks outlined under "Risk Factors" in
our Annual Report on Form 10-K for our fiscal year ended
December 31, 2012, our Forms 10-Q,
including the one issued for the period ending September 30, 2013 and those discussed in other
documents we file with the Securities and Exchange Commission,
which may cause our actual results, levels of activity,
performance, or achievements expressed or implied by these
forward-looking statements to differ materially from
expectations. Except as required by law, we undertake no
obligation to update or revise publicly any of the forward-looking
statements after the date of this press release to conform our
statements to actual results or changed expectations.
CVSL Media Contact: Russell
Mack (rmack@cvsl.us.com)
CVSL Investor Relations Contact: Scott Pumper (scottp@cvsl.us.com)
SOURCE CVSL