[BG Capital Group]
July 18, 2001 Volume 1 Issue 5
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Dear Investor
The CEO Of Apogee Companies,
An Affiliated Group Of Companies
Owned By Roy P. Disney, Will Join The
Board Of Directors Of The Neptune Society
Tom Camp, a prominent and nationally renowned leader in business,
has
accepted a position on the Neptune Society's Board of Directors
effective immediately.
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FOR IMMEDIATE RELEASE
COMPANY CONTACT:
Gary R. Loffredo, Director
(800) 535-7935
Tom Camp, CEO of the Apogee Companies, Owned By Roy P. Disney,
Accepts a Position on The Neptune Society's Board of Directors
BURBANK, Calif., July 18 /PRNewswire/ The Neptune Society, Inc.
(OTC Bulletin Board: NTUN) one of the country's largest publicly
traded cremation specialists, announced today that Tom Camp,
Chief Executive Officer of The Apogee Companies, a group of
affiliated companies owned by Roy P. Disney, has accepted a
position on its Board of Directors, effective immediately.
"The Board of Directors of any successful corporation must
consist of people with diverse backgrounds, and complimentary
skills that are needed to run an organization in today's
competitive environment. For The Neptune Society, this includes
Directors with
financial, legal, business and marketing expertise. We are
pleased to have Mr. Camp join our team. His previous experience
in guiding companies to growth and development will be invaluable
to us as we continue to lead The Neptune Society to new levels,''
said Marco Markin, Neptune's CEO and Chairman of the Board.
Mr. Camp's professional background ranges from holding a position
as the Director of Programs for the Nebraska Safety Counsel to
working as an attorney for Gang, Tyre, Ramer & Brown, Inc., a
premiere entertainment law firm, to his current position as CEO,
Secretary and General Counsel of The Apogee Companies. Mr. Camp
has been a part of the Apogee Companies, its predecessors and
affiliates, since the company's formation in 1991. In addition to
his current status at Apogee, Mr. Camp also currently serves as a
Director of Hanna Car Wash Systems International, LLC. Mr. Camp
has also previously served as a Director of Micromonitors, Inc.
"His background as an attorney and business executive, as well as
his experience in private equity investments from both a legal
and business perspective make him an incredible choice for this
position on Neptune's Board of Directors,'' said David Schroeder,
Neptune Society's President. "We are looking forward to working
with Tom in the future, and being able to make full use of the
resources and knowledge that he can provide to us.''
About The Neptune Society
Headquartered in Burbank, CA., The Neptune Society Inc. is one of
North America's largest cremation specialists, and is the only
publicly traded company dealing solely in cremation services. The
Neptune Society, operating for nearly three decades with
locations in California, Florida, New York, Washington, Iowa,
Oregon and Arizona has provided thousands of cremation services
and currently has close to 60,000 active contracts and nearly $40
million in trust in its unique Pre-Need program. The Neptune
Society's goal is to provide a simple, dignified and economic
alternative to the traditional funeral burial service system.
Disclaimer: This press release may contain forward-looking
statements within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended. Readers/Investors are cautioned
that the forward- looking statements are inherently uncertain,
including statements related to the Company's business strategy,
success of its acquisitions, its ability to integrate its current
business strategies into its existing operations and the
Company's expectations for future success. Actual performance and
results of operations may differ materially from those projected
or suggested. The forward-looking statements contained herein
represent the Company's judgment as of the date of this release,
and the Company cautions the reader not to place undue reliance
on such statements. These forward-looking statements should not
be reprinted, reiterated nor considered an inducement for
investment.
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Neptune Society Highlights
*** Key Investment Considerations ***
The Neptune Society® is the only public “pure play” in the
cremation segment of the death-care services industry and the
company benefits from extensive goodwill from its reputation and
high visibility brand name built during its 27-year history.
The Neptune Society recently received an 'Aggressive Buy'
recommendation from Banyan Capital Markets with an $8 target
price.
The compelling value proposition for cremation is its simple,
dignified, environmentally friendly and economical ($799 to
$1,299) compared to ($5,000+) for a traditional burial service .
Cremation service revenues were $2,242,000 for the three months
that ended March 31, 2001 compared to $1,328,000 in 2000, nearly
double the same period last year.
The Neptune Society provided 6,639 cremations in 2000 and has
already provided 5,098 in the first five months of 2001, that is
double the same period last year with a very conservative
projected total for 2001 to be approximately 7,400.
The Neptune Society's new management team, assembled since 1999,
has substantial industry expertise. The management has
implemented a multi-pronged marketing strategy focused on selling
“preened” cremation plans. Including direct sales over their Web
site, the strategy also includes direct mail of approximately six
million pieces being sent in 2001 and the support of five sales
managers with approximately 200 independent, commission-only
sales representatives providing follow-up.
The Neptune Society serves customers in 35 major metro areas with
16 offices located in 6 states (CA, FL, WA, OR, NY and IA),
excluding the corporate offices and a dedicated “call center”
with 20 telemarketers in Tempe, AZ.
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For more information, contact:
Gary R. Loffredo (800) 535-7935
Corporate Investor Relations
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The Neptune Society
Corporate Headquarters
3500 W. Olive
Suite # 1430
Burbank, CA 91505
Telephone: 888-637-8863
E-mail: info(a)neptunesociety.com
Visit The Neptune Society on the Web: Click here
We invite you to investigate the Neptune Society, trading symbol
NTUN, by using the following links.
Links to more information:
Recent SEC Filings click here
Click here for Financial Chart
For Trading Technicals click here
For current stock quote click here
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consent of Investors Edge (Copyright 2001.)
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Safe Harbor Statement: This press release may contain forward-looking
statements within the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. Readers/Investors are cautioned that the forward-
looking statements are inherently uncertain, including statements
related to the Company's business strategy, success of its acquisitions,
its ability to integrate its current business strategies into its
existing operations and the Company's expectations for future success.
Actual performance and results of operations may differ materially from
those projected or suggested. The forward-looking statements contained
herein represent the Company's judgment as of the date of this release,
and the Company cautions the reader not to place undue reliance on such
statements. These forward-looking statements should not be reprinted,
reiterated nor considered an inducement for investment.
Copyright © 2001 Investors Edge
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