Nocera, Inc. Announces the Appointment of Bruce H. Haglund to its Board of Directors
February 07 2005 - 4:19PM
PR Newswire (US)
Nocera, Inc. Announces the Appointment of Bruce H. Haglund to its
Board of Directors ATLANTA, Feb. 7 /PRNewswire-FirstCall/ --
Nocera, Inc. (OTC:NCRA) ( http://www.ncra.us/ ) is pleased to
announce that Bruce H. Haglund has joined the Board of Directors of
the company. Bruce H. Haglund has practiced law in Los Angeles and
Orange Counties for the past 25 years primarily representing
public, private, and emerging growth companies in Southern
California. His emphasis is in general corporate and securities
law, and he has been general counsel, a director, and corporate
secretary to numerous public and private companies. Mr. Haglund
received his law degree from the University of Utah College of Law
in 1979 where he was an associate editor of the Journal of
Contemporary Law and a William O. Leary Scholar. Mr. Haglund's
areas of practice emphasis include corporate law, securities,
corporate finance, and international business. This work includes
planning and structuring business transactions, mergers and
acquisitions, private placements and venture capital transactions,
and Securities and Exchange Commission filings for public offerings
and compliance work for public companies. Mr. Haglund has lived in
Japan, speaks Japanese, and has represented clients doing business
in Japan, China, and Korea and Japanese companies doing business in
the United States. His business activities have also included
transactions in Western Europe, Russia, Canada, Mexico, New
Zealand, and Australia. Nocera, Inc. is excited about the
appointment of Mr. Haglund to the Board of Directors of the
company. We are grateful that someone with his level of experience
has decided to join our firm. We believe that he will be able to
make a positive contribution towards our efforts of preparing a
registration statement for filing with the Securities Exchange
Commission. This is an important step forward in our efforts of
becoming a reporting company and our goal of obtaining the best
possible stock listing for our common shares. Initial indications
are that Nocera, Inc. may meet the financial listing requirements
of either the American Stock Exchange or the NASDAQ National Market
System. About Nocera: Nocera, Inc. is a diversified food processing
company that operates through its Italian subsidiary of Felice
Conserve ( http://www.nuceria.it/valsarno/ing.htm ), and its South
American subsidiaries of Noldicor, S.A., and Sontemar, S.A. Felice
Conserve is the oldest of the major subsidiaries of the Company and
processes a variety of food products including tomatoes, peas,
beans, lentils, and peaches for sale and distribution throughout
Europe and Canada. The wholly owned subsidiary of Noldicor, S.A. (
http://www.noldicor.com/ ) is the primary supplier of tomatoes and
other raw vegetables for processing to Sontemar, S.A. Established
in early 2004 in order to take advantage of a favorable investment
climate in addition to a well established and inexpensive labor
pool, Noldicor finished 2004 with first-year sales of approximately
$1.8 million. Rocco Fiorino, the President of Nocera, has expressed
confidence that Noldicor will continue to see strong sales gains in
2005, the first full year of production. The wholly owned
subsidiary of Sontemar, S.A. is the processing factory of the
company in Montevideo, Uruguay from which the fruits and vegetables
are processed and canned for shipment throughout South America.
Currently the company is primarily shipping to customers in
Montevideo and Rio de Janeiro, with Supermarket Zona Sul being one
of the notable customers in Brazil. Sontemar, S.A. is currently
working on expanding its exports throughout South America and
increasing its shipments to the United States, which currently
account for only a minor amount of its sales. Management believes
certain statements in this press release may constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements are made
on the basis of management's views and assumptions regarding future
events and business performance as of the time the statements are
made. Actual results may differ from those expressed or implied.
Such differences may result from actions taken by the company prior
to its current fiscal year end, as well as from developments beyond
the company's control, including changes in global economic
conditions that may, among other things, affect the performance of
the company's anticipated acquisitions or future business. In
addition, changes in domestic competitive and economic conditions
may also affect performance of all significant company businesses.
DATASOURCE: Nocera, Inc. CONTACT: Erik Nelson of Nocera, Inc.,
+1-404-816-9220 Web site: http://www.ncra.us/
http://www.nuceria.it/valsarno/ing.htm http://www.noldicor.com/
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