COLUMBIA, Md., Dec. 13, 2006 (PRIME NEWSWIRE) -- Beere Financial Group, Inc. (Pink Sheets:BRFG) has named entertainment and music veteran Steve Lane as President.
Mr. Lane will assume all duties for the management replacing Mr. Richard Papaleo whose contract has concluded.
Steve Lane has worked in the entertainment industry for over 15 years. Mr. Lane began his career as a gospel video producer for WACX Super Channel 55. After his career producing for television Mr. Lane branched into managing or marketing for several gospel acts with significant success. Artists he has managed include the Gold selling gospel girls group Trin-I-Tee 5-7 who is signed with Gospel Centric/ Zomba. He then continued by expanding his career and developed C.E.D Entertainment Distribution which is selling direct to several one-stops, music wholesalers and distributors.
"I am excited about the opportunity after having been in the public markets over the last couple of years, helping me to understand the significance and opportunity of my new position with Beere. Our subsidiary hat I manage, C.E.D. Entertainment has shown steady growth and I feel now I can play a bigger role with its growth as well as contribute to the growth of the public company as a whole," Steve Lane stated. The company will have further information on its growth and direction for the coming year next week.
About Beere Financial Group, Inc.: Beere Financial Group, Inc. invests in emerging growth companies with market-ready products, strong management teams, and strategies for developing high-growth companies in well-defined markets.
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.