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Thursday, 06/17/2010 10:38:02 AM

Thursday, June 17, 2010 10:38:02 AM

Post# of 22592
Freedom Grill, Inc. Announces Board of Directors

Poway, Calif., Jun 17, 2010 (PRWeb.com via COMTEX) -- Freedom Grill, Inc., which designs and provides innovative products and accessories for the tailgating, camping and outdoor activities markets, announced today the selection of its board of directors following the completion of its merger with Exosphere Aircraft Company (Pink Sheets: EXSA).
Steve Caliguri, President of Freedom Grill, was named CEO and Chairman of the company. He has more than 20 years of product development experience and success in bringing innovative products to market in both the consumer market place and the wireless communications industry. His extensive background is expected to enhance the success of Freedom Grill and its ability to execute on it objectives.

Scott Salter was named Chief Marketing Officer and Secretary for the company. Mr. Salter has over 23 years of experience in marketing and sales as well as significant achievements in the area of new product launches and product management for technology and consumer product companies.

Also selected as Directors were Ernest LeDuc and H Ray Rickard. Mr. LeDuc recently retired from serving as Chief Technology Officer of Freedom Grill, a position he had held since 2004. He has been associated with design, engineering, quality assurance, and operations in manufacturing for over fifteen years. Mr. LeDuc also has over ten years of executive management experience. He also serves as the company's treasurer.

Director H. Ray Rickard has served on Freedom Grill's board since 2005. Prior to retiring in 2000, Mr. Rickard held various management positions at Exmark Manufacturing Company with primary responsibilities for manufacturing, financial, administrative, MIS, legal and human resources. Before working with Exmark Manufacturing, Mr. Rickard spent 12 years with Chart House Restaurants where he functioned as Controller, Vice President of Finance, Vice President of Finance and Administration and Chief Financial Officer.

"We are excited about keeping our Board of Directors intact as we move forward in executing our business plan. Their knowledge and expertise in strategic planning, business development and market development will be a great benefit to our company and will help us build additional value for our shareholders," stated Caliguri, President and Chairman.

About Freedom Grill

Freedom Grill, Inc., founded on July 4, 2002, designs and provides innovative products and accessories for the tailgating, camping and outdoor activities markets. The Company has combined the sizzle of the fast growing specialty automotive aftermarket with America's hunger for better cooking indoors and out. Headquartered in Poway, California, the Company's innovative market entry product, the Freedom Grill FG-100(TM), was an easily transportable, high-performance gas grill designed for the Extreme Tailgating crowd. The FG-50 "ride outside" tailgating grill was the first grill designed specifically to look and perform great on the back of a vehicle as well as a tabletop or cart. The grills mount to any standard tow hitch for maximum versatility. With the barbecue grill mounted outside the vehicle, there's more room inside for gear, food, or passengers. The swing away arm and high quality gas grills make Freedom Grills the ideal accessories for trucks, SUVs and RVs. The FG-50 grill is now marketed under the Margaritaville brand name through a licensing deal with Sunbeam, Jarden Consumer Products. Freedom Grill continues to sell accessories and trailer sized tailgating grills under the Freedom Grill brand name and is planning the release of a new grill later this year.

With "The Official Grill of Tailgating(TM)", cooking outdoors has never been more convenient. Freedom Grills are perfect for tailgating, camping, fishing & hunting, and even home grilling on decks, patios, or backyards. For real barbecue aficionados Freedom Grill even offers an award- winning line of Fire Brand Grilling Sauces. The Company's products are sold through specialty BBQ retailers, sporting goods stores and hardware stores. For more information on Freedom Grill, Inc., please visit the Company's website at www.freedomgrill.com

Forward-Looking Statement: The statements in this press release regarding any implied or perceived benefits from the Merger with Freedom Grill are forward-looking statements. Such statements involve risks and uncertainties, including, but not limited to, our ability to complete the Merger, the ability to coordinate the management of EXSA with that of Freedom Grill, the continued operation of Freedom Grill, costs of operations, continued maintenance of Freedom Grill, risks and effects of additional governmental regulations, future financial and operational results, competition, general economic conditions, and the ability to manage and continue the growth of Freedom Grill.

Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents we file from time to time with the Pink Sheets. We undertake no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

For Freedom Grill, Inc.

Steve Glor, 858-513-8332 858-513-8332

Source: Exosphere Aircraft Co., Inc.

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Read the full story at http://www.prweb.com/releases/2010/06/prweb4126674.htm.



URL: PRWeb.com
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