Equus Total Return, Inc. Elects Robert L. Knauss Independent Chairman of Its Board
December 19 2007 - 5:25PM
PR Newswire (US)
HOUSTON, Dec. 19 /PRNewswire-FirstCall/ -- Equus Total Return, Inc.
(NYSE:EQS) ("Equus" or the "Fund") today announced that on December
17, 2007, the Fund's board of directors elected Robert L. Knauss as
the Fund's independent (non-executive) Chairman of the Board. "This
position represents our continuing efforts to follow developing
trends in corporate governance. Bob Knauss has served on the Equus
board since 1991 and brings insight and value to the Fund," stated
Kenneth Denos, CEO of Equus. In addition to serving on the Equus
board, Mr. Knauss is currently an Independent Director of The
Mexico Fund Inc. (investment company), XO Holdings, Inc.
(telecommunications), and WestPoint International Inc. (home
products). During the past twenty years Mr. Knauss has served on
the Boards of Directors of eight Public Companies. He was the
former Dean and Distinguished University Professor of the
University of Houston Law Center. Mr. Knauss was also the former
Dean of Vanderbilt Law School. Equus Total Return, Inc. is a
business development company that trades as a closed-end fund on
the New York Stock Exchange, under the symbol "EQS". Additional
information on Equus Total Return, Inc. may be obtained from the
Equus website at http://www.equuscap.com/. This press release may
contain certain forward-looking statements regarding future
circumstances. These forward-looking statements are based upon the
Fund's current expectations and assumptions and are subject to
various risks and uncertainties that could cause actual results to
differ materially from those contemplated in such forward-looking
statements including, in particular, the risks and uncertainties
described in the Fund's filings with the Securities and Exchange
Commission. Actual results, events, and performance may differ.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as to the date hereof.
The Fund undertakes no obligation to release publicly any revisions
to these forward-looking statements that may be made to reflect
events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events. The inclusion of any statement
in this release does not constitute an admission by the Fund or any
other person that the events or circumstances described in such
statements are material. CONTACT: Brett Chiles (713) 529-0900
DATASOURCE: Equus Total Return, Inc. CONTACT: Brett Chiles of Equus
Total Return, Inc., +1-713-529-0900 Web site:
http://www.equuscap.com/
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