Rockelle Appoints New President
05 Mars 2008 - 5:55PM
PR Newswire (US)
MILLER PLACE, N.Y., March 5 /PRNewswire-FirstCall/ -- Rockelle
Corp. (OTC:RKLC) (BULLETIN BOARD: RKLC) , announces that the
company has appointed a new President. Effective immediately, Dr.
Fei Du, Ph.D., also known as Dr. Phillip DuPont, Ph. D., will
assume the duties of President of Rockelle Corp. Gerard Stephan,
Rockelle's founder, will continue in his capacity as CEO and
Chairman of the Board. As reported in Rockelle's last press
release, Dr. Du accompanied Mr. Stephan on his recently concluded
trade mission to China, to explore opportunities to expand the
company beyond the food service industry. "Dr. Du's assistance
during our recent trip to China has been immeasurable," said Mr.
Stephan. "Dr. Du's influential business contacts and his knowledge
of the country were instrumental to the success of our mission.
Based on commitments Dr. Du was able to secure for Rockelle, we
thought it would be in our shareholders' best interest to bring him
on board in the capacity of President." In exchange for his
appointment as Rockelle's President, Dr. Du has accepted the
responsibility for procuring importing contracts totaling $5
million in gross revenue dollars in his first twelve months. This
responsibility increases to $7.5 million in gross contract revenue
in the second twelve months of Dr. Du's presidency. Dr. Du has also
committed to provide an infusion of $200,000 cash, or cash
equivalent, to Rockelle within his first twelve months. "I am very
excited about the opportunity to assist Mr. Stephan in reshaping
the focus of Rockelle," stated Dr. Du. "With my business contacts,
I anticipate increased revenue coming into Rockelle."
Forward-Looking Statements Statements released by Rockelle
Corporation that are not purely historical are forward looking
within the meaning of the "Safe Harbor" provisions of the Private
Securities Litigation Reform Act of 1995, including statements
regarding the company's expectations, hopes, intentions and
strategies for the future. Investors are cautioned that
forward-looking statements involve risk and uncertainties that may
affect the company's business prospects and performance. The
company's actual results could differ materially from those in such
forward-looking statements. Risk factors include but are not
limited to general economic, competitive, governmental and
technological factors as discussed in the company's filings with
the SEC on Forms 10-K, 10-Q and 8-K. The company does not undertake
any responsibility to update the forward- looking statements
contained in this release. CONTACT: Investors: Rockelle Corporation
Jerry Stephan (631) 244-9841 Brokers: Surety Financial Group, LLC
(410) 833-0078 DATASOURCE: Rockelle Corporation CONTACT: Jerry
Stephan of Rockelle Corporation, +1-631-244-9841; or Brokers,
Surety Financial Group, LLC, +1-410-833-0078
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