Wayne, PA, January 07, 2014 – International Commercial Television, Inc. (ICTL), (or „ICTV“), a direct response marketing and branding company focused on the health and beauty sector, has announced that our Board of Directors has appointed Ryan LeBon as Chief Financial Officer of the Company, effective January 1, 2014, to serve in that capacity at the will of our Board of Directors.
Mr. LeBon, age 31, joined the Company in June of 2013 as the Company’s Director of Financial Reporting. Prior to joining the Company, Mr. LeBon had over nine years of experience with Deloitte & Touche LLP, as an Audit Manager primarily serving SEC registrants, and as a Controller with General Electric. Mr. LeBon is a graduate of Villanova University with a degree in accounting and is a Certified Public Accountant in Pennsylvania.
Richard Ransom, our previous Chief Financial Officer, continues as President of the Company. The appointment of Ryan LeBon will allow Mr. Ransom to focus more exclusively on his duties as President. Richard Ransom, ICTV’s President stated, „On behalf of our management team, I want to congratulate Mr. LeBon on his promotion to Chief Financial Officer of ICTV. Ryan’s Big 4 accounting experience will allow our organization to continue to improve our financial controls and efficiencies. In addition, Ryan’s promotion will allow me to further focus on operations and advancing the growth of the Company.“
International Commercial Television, Inc.International Commercial Television, Inc. sells various health and beauty products through infomercials and other channels primarily in the United States. ICTV utilizes a distinctive marketing strategy and multi-channel distribution model to develop, market and sell products through infomercials, live home shopping television, specialty outlets and online shopping. It offers health and beauty products, including DermaWand, a skin care device that reduces the appearance of fine lines and wrinkles, and helps improves skin tone and texture; and DermaVitál, a professional quality skin care range that effects superior hydration. International Commercial Television Inc. was founded in 1993 and headquartered in Wayne, Pennsylvania.
Forward-Looking Statements
Forward-Looking Statements. This press release contains „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 (the „Exchange Act“) (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). Statements preceded by, followed by or that otherwise include the words „believe,“ „anticipate,“ „estimate,“ „expect,“ „intend,“ „plan,“ „project,“ „prospects,“ „outlook,“ and similar words or expressions, or future or conditional verbs such as „will,“ „should,“ „would,“ „may,“ and „could“ are generally forward-looking in nature and not historical facts. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company’s actual results, performance or achievements to be materially different from any anticipated results, performance or achievements. The Company disclaims any intention to, and undertakes no obligation to, revise any forward-looking statements, whether as a result of new information, a future event, or otherwise. For additional risks and uncertainties that could impact the Company’s forward-looking statements, please see the Company’s Annual Report on Form 10-K for the year ended December 31, 2012, including but not limited to the discussion under „Risk Factors“ therein, which the Company has filed with the SEC and which may be viewed at http://www.sec.gov.
Contact Information International Commercial Television
Rich Ransom ransom(at)ictvonline(dot)com 484-598-2313
Stephen Hart Hayden IR hart(at)haydenir(dot)com 917-658-7878
Press Contact:
Rich Ransom
International Commercial Television
Wayne, PA
+1 (484) 598-2300 Ext: 313
http://www.ictvonline.com/