VANCOUVER, British Columbia,
Aug. 25, 2014 /PRNewswire/ -- Respect Your Universe, Inc.
(TSX VENTURE: RYU) (OTCQB:RYUN) ("RYU"), a global
performance training and fitness brand with origins in the
movements and philosophy of martial artistry, created for the
multisport athlete, is pleased to announce the appointment of
Jameel Vaghela as Chief Financial
Officer effective September 2,
2014.
Jameel Vaghela will be replacing
Jim Nowodworski as Chief Financial
Officer.
Mr. Vaghela holds a Master of Professional Accounting and a
Chartered Accountant designation and has an extensive background in
finance, accountancy, corporate taxation and financial markets. Mr.
Vaghela's previous roles include Big 4 assurance and advisory
experiences at KPMG and PwC where he gained an understanding of the
retail apparel sector. Most recently he was responsible for all
financial activities related to G4S's aviation screening contract
with the Canadian Air Transport Security
Authority.
Jameel Vaghela, RYU's CFO,
stated, "As a fitness enthusiast, I am very excited to be part of
the innovative, high quality and fast growing Respect Your Universe
brand. I am also very excited to work together with industry
heavy-hitters such Marcello Leone
and Manfred Vollmer."
Marcello Leone, RYU's CEO,
President and Chairman, stated, "We are excited to have Jameel
join our entrepreneurial team. His recent experiences are a solid
fit for RYU as we implement our retail roll-out and growth
strategy."
About RYU
Respect Your Universe, Inc. is a global
performance training and fitness brand with origins in the
movements and philosophy of martial artistry, created for the
multisport athlete. We deliver uncompromising style, comfort,
durability, and function for our customers. We exist to facilitate
the best in human performance. For more information, visit
www.ryu.com.
On Behalf of the Board
RESPECT YOUR UNIVERSE, INC.
Marcello Leone, CEO,
President and Chairman of the Board
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Investor Relations
Tel: +1 877 367
0704
Email: ir@ryu.com
Hayden IR
hart@haydenir.com
917-658-7878
Media Inquiries
Public Relations
Respect Your Universe, Inc.
Tel: +1 877 798 8326
Email: pr@ryu.com
Statements regarding the future growth of RYU are "forward-
looking statements", which are subject to risks and uncertainties,
which may cause the actual results, performance or achievements of
RYU to be materially different from any future results, performance
or achievements expressed or implied by such forward-looking
statements. These risks and uncertainties include, among others,
that RYU's business plan is dependent on additional financing,
which it may be unable to obtain on terms acceptable to RYU,
changes in general economic or market conditions that could impact
consumer demand for RYU's products, and RYU's ability to execute on
its business plan. Except as required by law, RYU undertakes no
responsibility to update any of the forward-looking statements
contained in this news release.
SOURCE Respect Your Universe, Inc.