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EXHIBIT 99.1
CME REALTY APPOINTS EXPERIENCED CHIEF FINANCIAL OFFICER AND DIRECTOR
WESTON, FL -- (Marketwired) -- 07/21/15 -- CME Realty, Inc. (OTC PINK: CMRL)
("CME Realty" or the "Company") is pleased to announce that the Company has
appointed Vincent T. Prince, CPA, as its new Chief Financial Officer and member
of the Board of Directors. Mr. Prince will also head up the audit committee of
the Company.
"We are very pleased to have added a seasoned financial manager with Vincent's
capabilities and reputation to the expanding South Beach Spirits team," stated
Kenneth McLeod, President of CME Realty, Inc. "His many years of experience in
corporate finance, accounting, and senior management will certainly strengthen
our corporate structure and improve our position with current and potential
partners, investors, and other stakeholders."
Vincent T. Prince is a CPA who brings 20+ years of corporate finance and
management experience with past key positions at several Fortune 500 companies
including: Office Depot, Inc., Leggett & Platt, Inc., Dade Behring, Inc., BF
Goodrich Aerospace, and Warner Brothers Publications.
Most recently, Prince was CFO of Insurance Care Direct, Inc., twice recognized
by Inc. Magazine as one of the top 500 fastest growing private companies in
America. While at Insurance Care Direct, Prince secured a relationship with BDO
to audit the company's financial statements and led the company through its
first independent financial audit and through three consecutive successful
audits, all resulting in clean unqualified opinions. In previous positions,
Prince worked with KMPG and PricewaterhouseCoopers on numerous financial audits
as well as assisting numerous companies with becoming SOX 404 compliant.
During his career, Prince has also been a successful start-up entrepreneur,
having launched and managed several successful real estate development ventures
and having been a partner in a successful alcoholic beverage distribution
company.
Prince received a Bachelor of Science Degree (Finance/Accounting) from Auburn
University, Alabama.
Prince concluded, "I am very excited to join the South Beach Spirits team as the
Company's new Chief Financial Officer and Director. I look forward to utilizing
all of my financial management capabilities, experience, and connections to help
boost the Company's efforts to establish itself as a leading alcoholic beverage
development, marketing, and distribution business and brand."
As previously announced, CME Realty intends to change its name to "South Beach
Spirits, Inc." to better reflect the alcoholic beverage business focus of the
Company. Further details regarding the name change and other business updates
will be made as additional information becomes available.
DISCLAIMER/SAFE HARBOR: This CME Realty news release contains forward-looking
statements within the meaning of the Securities Litigation Reform Act. The
statements reflect the Company's current views with respect to future events
that involve risks and uncertainties. Among others, these risks include failure
to meet schedule or performance requirements of the Company's contracts, the
Company's ability to raise sufficient development and working capital, the
Company's liquidity position, the Company's ability to obtain new contracts, the
emergence of competitors with greater financial resources, and the impact of
competitive pricing. In the light of these uncertainties, the forward-looking
events referred to in this release might not occur as planned or at all.
Investor/Media Contact:
CME Realty, Inc. - Investor Relations Email: Email Contact
Toll-Free: (888) 706-0099
Source: CME Realty, Inc