YoCream International, Inc. Announces Resignation
of David Hanna
PORTLAND, Ore., Aug. 18 /PRNewswire-FirstCall/ -- YoCream International,
Inc. announced today that Mr. David Hanna resigned as President of the Company
and as a member of its Board of Directors, completing 27 years of outstanding
service. Mr. Hanna's services will continue to be available to the Company on
a consulting basis.
As one of the founders in 1977, David Hanna helped develop a fledgling
Northwest yogurt company into a successful foodservice corporation with more
than $20 million in sales, shipping nationwide and internationally. The
company was recognized as one of Forbes 200 Best Small Companies in 2002. Mr.
Hanna will continue to participate in future growth as a major shareholder,
holding 226,659 shares, and functioning as a consultant to the Company's
management team.
"Dave's business expertise and savvy have been critical to the development
of our business," said John Hanna, co-founder and CEO of YoCream
International. "His focus on maintaining product quality through control of
manufacturing is a cornerstone of our philosophy for customer satisfaction."
YoCream is one of the few frozen yogurt and dessert companies that
manufactures its own product.
"Dave's guidance and counsel have made a lasting impact on the company and
its ability to compete vigorously in the competitive foodservice marketplace,"
adds James Hanna, co-founder and Board Member.
YoCream International, Inc., with corporate headquarters and manufacturing
facility in Portland, OR, is a pioneer and leading producer of frozen yogurt.
Founded in 1977, YoCream(R) produces, markets and sells frozen yogurt, ice
cream, frozen custard, and smoothies to an established and expanding global
marketplace. With a proven history of producing the highest quality product
and providing solution-based customer service, YoCream International is an
industry leader poised for long-term growth. For more information about
YoCream(R), call 1-800-YOCREAM (962-7326) or log on to http://www.yocream.com.
SOURCE YOCREAM International, Inc.
Web Site: http://www.yocream.com
For more information, contact Terry Lusetti, YoCream Investor Relations, 503-256-3754