Vencor International, Inc. Announces Appointment of Isaac Nichelson as COO of New Division Green Mil

Vencor International, Inc. Announces Appointment of Isaac Nichelson as COO of New Division Green Mills

ID: 275269

(firmenpresse) - LOS ANGELES, CA -- (Marketwired) -- 07/02/13 -- Vencor International (PINKSHEETS: VCOR) is pleased to announce the appointment of Isaac Nichelson as COO for the new division, Green Mills.

Mr. Nichelson, known by many in the apparel world as the "Johnny Apple Seed of Eco-fashion," has been brought on to set up the supply chain and wholesale distribution of eco-sustainable organic and recycled textiles. Additionally Nichelson will be spearheading the development of the Green Mills garment recycling facility. The Green Mills recycling process allows production of new textiles made from fiber extracted from used garments and fabric cutting scraps. With raw materials that are nearly free of charge, Vencor's Green Mills plans to offer yarns and textiles that are lower cost than conventional virgin counterparts. This process called "textile UP-cycling" by Nichelson, promises to be very low cost / high return.

Mr. Nichelson will be directing in the comprehensive set up of the Green Mills facility including overseeing the leasing and set up of machinery, as well as sales/marketing teams for the wholesale sales division.

Isaac Nichelson's appointment will help Vencor to achieve its objectives and ensure results in growing this new sector of the business.

Safe Harbor Statement

This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word "believe" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Vencor to differ materially from those implied or expressed by such forward-looking statements. This press release speaks as of the date first set forth above, and Vencor assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products, inability to deliver products when ordered, inability of potential customer to pay for ordered products, and political and economic risks inherent in international trade.









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Bereitgestellt von Benutzer: Marketwired
Datum: 02.07.2013 - 20:30 Uhr
Sprache: Deutsch
News-ID 275269
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