Celebrate Express, Inc. Appoints New President and CEO
May 15 2006 - 5:10PM
PR Newswire (US)
KIRKLAND, Wash., May 15 /PRNewswire-FirstCall/ -- Celebrate
Express, Inc. (NASDAQ:BDAY) today announced the appointment of Mr.
Kevin Green, a 25 year veteran of direct marketing, e-commerce and
general management, as its president and chief executive officer,
effective May 15, 2006. Mr. Green will also be joining the
Company's board of directors. Mr. Green most recently served as the
Executive Vice President and Chief Marketing Officer for Lillian
Vernon Corporation, an online and catalog specialty retailer of
gift, household, Halloween, Christmas, personalized and children's
products, and as the Managing Director of Celebrations by Lillian
Vernon(R), a new home party plan company. Prior to that Mr. Green
served as the President of Lillian Vernon Corporation from 2000
until 2003 when the public company was sold and taken private. In
all, Mr. Green served 16 years with Lillian Vernon Corporation,
helping to lead its transformation to a multi-title, multi-channel
catalog and Internet business and to leverage its brand equity in
the home party plan business. Prior to that, he held progressively
senior direct marketing positions with Doubleday Book & Music
Clubs (now Bookspan) and Better Homes and Gardens Book Clubs. In
commenting on his new role, Mr. Green said, "I am very excited to
have the opportunity to lead a strong, well-positioned organization
like Celebrate Express to even greater levels of success. I look
forward to working with the board and with every Celebrate Express
employee, as we drive ahead to realize the maximum potential of
this powerful business model. My mission for the coming year is to
further build the senior management team, fully utilize the new
fulfillment technology in the distribution center and quickly begin
to build upon the considerable brand, customer and merchandising
assets." Jean Reynolds, Celebrate Express' Lead Independent
Director, stated, "We are excited to have Mr. Green join us as our
new president and chief executive officer. He brings extensive
experience in business-to-consumer e-commerce, building consumer
brands and in the young family market. I am excited about the
future of this business with the caliber of leadership Kevin brings
to us." Forward-Looking Statements This press release contains
forward-looking statements, including, without limitation, all
statements related to plans, future events and financial
performance. Forward-looking statements are identifiable by words
such as "believe," "anticipate," "expect," "intend," "plan,"
"will," "may" and other similar expressions. In addition, any
statements that refer to expectations, projections or other
characterizations of future events or circumstances are
forward-looking statements. Forward-looking statements involve
risks and uncertainties, which could cause actual results to vary
materially from those expressed in or indicated by the
forward-looking statements. Our actual results and timing of events
could differ materially, including demand for our products, our
ability to manage our costs and fulfill orders, competition from
other retailers, the strength of our brands, and other risks
detailed in our filings with the Securities and Exchange
Commission, including our Annual Report on Form 10-K for the fiscal
year ended May 31, 2005. You are cautioned not to place undue
reliance on these forward-looking statements, which reflect only an
analysis and speak only as of the date of this press release.
Celebrate Express undertakes no obligation to revise or update any
forward- looking statements to reflect events or circumstances
after the date hereof. About Celebrate Express, Inc. Celebrate
Express is a leading e-commerce provider of celebration products.
The Company currently operates three business to consumer brands:
Birthday Express, which markets children's party products;
Storybook Heirlooms, which offers girls' special occasion and
specialty apparel; and Costume Express, which markets costumes and
matching accessories. The Company utilizes its branded Web sites,
BirthdayExpress.com, Storybook.com and CostumeExpress.com,
complemented by branded catalogs to offer products as complete
coordinated solutions. The Company's goal is to help families
celebrate the special moments in their lives. For more information,
please visit http://www.celebrateexpress.com/. CONTACT: Celebrate
Express, Inc. Darin White (Investor Relations) 425-250-1064, ext.
186 Katie Manning (Media Relations) 425-250-1064, ext. 136
DATASOURCE: Celebrate Express, Inc. CONTACT: Darin White, Investor
Relations, ext. 186, or , or Katie Manning, Media Relations, ext.
136, or , both of Celebrate Express, Inc., +1-425-250-1064 Web
site: http://www.celebrateexpress.com/
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