Contact:
Dr. Agnes P. Olszewski
Phone: (201) 647-3757
Email: dragnes@herborium.com
Herborium Grows its Management Team
with Industry Experts
Teaneck, New Jersey, May 1, 2007 Herborium Group, Inc. (OTCBB: HBRM), a developer and
marketer of novel botanical therapeutics®, including successful Acne
and Rosacea treatment (www.acnease.com)
announced today that it has appointed Mr. Daniel Teo as Senior Vice President
of Business Development, and Mr. Lloyd Sems as Financial Advisor to its
management team.
Mr. Teo brings 20 years of business development experience
to the company. He is the former Vice President of Strategy, Planning and Corporate
Affairs for British Petroleum (“BP”) in the Asia-Pacific, and BP’s Chief
Financial Officer for its US East Coast business. He also served as BP’s Senior Strategy Advisor in London where he
was instrumental in developing the company’s entry strategy into emerging
markets in Asia, Latin America and Eastern Europe. Mr. Teo is qualified in accounting from the UK ACCA, and is a
graduate of Trinity College at Cambridge University and the Stanford Business
School where he was also an Alfred P. Sloan Fellow.
Mr. Sems,
the President of Capital Edge LLC has over ten years of investment management,
hedge funds and equity research experience specializing in small cap
opportunities. Sems builds upon his core investment
philosophy: a conservative value approach to growth and building a long term
equity-value in a company.
“We are
very serious about Herborium growth opportunities and truly excited to welcome
new talents with proven expertise in financial and growth strategies“, said Dr.
Agnes P. Olszewski, president and CEO of Herborium. Olszewski added, “We expect to turn accomplishments of our new
colleagues into an increase shareholder value for the company.”
This release and oral statements made from time to
time by the Company's representatives concerning the same subject matter may
contain "forward looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. These statements can be
identified by introductory words such as "expects,"
"plans," "intends," "believes," "will,"
"estimates," "forecasts," or words of similar meaning, and
by the fact that they do not relate strictly to historical or current facts.
Many factors may cause actual results to differ from forward-looking
statements, including inaccurate assumptions and a broad variety of risks and
uncertainties, some of which are known and others of which are not. Known risks
and uncertainties include those identified from time to time in the reports
filed by the Company with the SEC, which should be considered together with any
forward-looking statement. No forward-looking statement is a guarantee of
future results or events, and one should avoid placing undue reliance on such
statements.