James Denverson Corp.
James Denverson Corp.: James Denverson Corp. appoints new President and CEO
James Denverson Corp. / Change of Personnel Announcement, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Farmington (USA) / Frankfurt (Germany), 14th November, 2008 - James Denverson Corp. ('James Denverson' or the 'Company') is pleased to announce that Mr. Stephen Spencer has been appointed as new President and CEO of the company. 52 year old Stephen Spencer holds a BA in accounting and has been working amongst others as a CPA for Price Waterhouse, as Partner of holding company Legend Capital Group as well as controller of well known consumer goods companies. In addition, Stephen Spencer is member of the Board of Directors of SWAN Group of Companies, Inc., the main shareholder of James Denverson Corp. The present Director and head of R&D department of James Denverson, Mr. Michael Kieslich, additionally strengthens the operative management team as Vice President. By this important step the personal and operational adjustments has been successfully completed in advance of the announced going public of the company. James Denverson is now well positioned in order to push ahead further improvements of the smokeless cigarette as well as to succeed in all the requirements of a going public in turbulent capital market conditions. Contact: Phone: +49-69-489-876 33 Email: info@denverson.com Michael Berresheim Fax: +49-69-489-876-99 SWAN Group of Companies, Inc. Hanauer Landstraße 187-189 60314 Frankfurt am Main All information provided within this release pertaining to investing, stocks, securities must be understood as information provided and not investment advice. The Company advises all readers to seek advice from a registered professional securities representative before deciding to trade in stocks featured within this release. None of the material within this report shall be construed as any kind of investment advice. 17.11.2008 Financial News transmitted by DGAP ----------------------------------------------------------------------
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