Business News

Premiere Publishing Group, Inc. (OTCBB: PPBL) Announces a New Member to Its Board of Directors

Tuesday 07. December 2010 - Premiere Publishing Group, Inc. (OTCQB: PPBL) (OTCBB: PPBL) is pleased to announce that Mr. Michael Jay Rosenbaum has joined its Board of Directors. Mr. Rosenbaum is an active Angel Investor who currently is a director of several companies both private and public. Mr. Rosenbaum received his a BA from Yale University and a LLB law degree from Columbia University.

Mr. Rosenbaum acted as the Executive VP and a director of Vector Group, Inc., a NYSE company which bought, then subsequently restructured and sold Western Union to an investor group for a substantial profit.
Mr. Rosenbaum was also a co-founder of Skybox International, Inc. the trading card company started out of North Carolina with licences from both the National Basketball Association and The National Football League. The company also produced trading cards with a master license for both DC Comics as well as Marvel Comics. In 1995 the company was sold to Fleer, the largest trading card company in the world, for over $300,000,000.
Mr. Rosenbaum was also a founder and advisor to South Beach Beverage which produced New Age beverages under the tag “SOBE.” The product line is sold in over 50,000 stores worldwide and the company was subsequently sold to PepsiCo for over $400,000,000 within 8 years of its inception.
“Michael has been involved in some of the most successful turnarounds as well as start-ups that I have witnessed in my twenty five plus years in the Investment Banking business,” quoted Chris H. Giordano, Co-Chairman of Premiere Publishing Group, Inc. “Michael has garnered license deals with major institutions ranging from USTA to the NFL, which fits in with our philosophy of bringing more than just finance to an acquired company but significant value-add beyond finance.
“We are pleased to have his assistance, influence and expertise to augment our current Board of Directors. Both Pat LaVecchia, our other Co-Chairman, and I look forward with great enthusiasm to working with Michael and our future collaborations in helping create shareholder value for the long term.”