Naples Soap Company Appoints Ira Miller to Its Board of Directors

Rhea-AI Summary

Naples Soap Company, Inc. appoints Ira Miller, a renowned entrepreneur and venture capitalist, to its Board of Directors. Miller brings vast experience in finance, venture capital, and sports entrepreneurship, potentially driving growth and strategic initiatives for the Company.

Entrepreneur, venture capitalist, philanthropist, and social impact investor to help guide growth

NAPLES, Fla.--(BUSINESS WIRE)-- Naples Soap Company, Inc. (OTCQB: NASO), (“the Company”), a pioneering health and wellness brand that offers high-quality skin and hair care products throughout the United States, today announced the appointment of Ira Miller to its Board of Directors.

Mr. Miller is the Founder & CEO of Zone Capital Partners and First Inning Ventures. Through Zone Capital Partners, a financial holding company that consults with private and small cap public companies, he has represented and supported over $6 billion in aggregate market capitalization to the financial community and helped companies uplist to the NYSE or Nasdaq stock exchanges. At First Inning Ventures, Mr. Miller leverages his extensive experience and network in venture capital, M&A, and sports entrepreneurship to provide innovative and strategic solutions for sports-related businesses and opportunities. First Inning Ventures is an emerging global platform that offers sports athlete agency and branding services. The company is involved in financing a nationwide high school sports network, European soccer clubs, and collegiate women’s soccer.

Passionate about sports philanthropy and social impact, Mr. Miller launched and underwrote sports venture and M&A entrepreneurial platforms at Rutgers University for undergraduate students and at Duke University and its Fuqua School of Business for undergraduate and MBA programs to support students in their efforts to increase their knowledge of the sports venture community. Mr. Miller was also a guest lecturer at UCLA where he served on the Economic Board.

“We welcome Ira to our Board. His knowledge, sharp instinct, and broad network will be invaluable to Naples Soap Company as we execute our plans to drive the growth of our operating business and raise our profile as a publicly traded company,” stated Naples Soap Company CEO, Deanna Wallin.

Ira Miller added, “I am pleased to support Naples Soap Company as they expand their reach nationally and gear up for robust growth. Their powerful brand ethos has resonated with a loyal local customer base, and I anticipate the brand becoming a major national and international player in the personal care products space as it focuses on its ecommerce channels to reach the broadest audience.”

For more information about Naples Soap Company and their products, visit www.naplessoap.com

About Naples Soap Company, Inc.

Founded in 2009 by Deanna Wallin, Naples Soap Company is a supplier of more than 400 bath, body and personal care products. Products are sold at the Company’s 13 retail locations in Florida. Naples Soap Company products are sold online from the Company’s website at www.naplessoap.com, through other DTC (direct-to-consumer) channels such as Amazon.com and in more than 300 boutiques, spas and stores throughout the United States via the Company’s wholesale division. For more information about Naples Soap Company, visit ir.naplessoap.com.

Forward-Looking Statements

This release includes certain statements that are "forward-looking statements.” All statements in this release, other than statements of historical fact, that address events or developments that are expected to occur, are forward-looking statements. Forward-looking statements are generally, but not always, identified by the words like “anticipate,” “believe,” “expect,” “gear up,” “intend,” “plan,” “predict,” “will” and variations of the same. Although we believe the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include our need to obtain additional capital or financing to support our business plans, which may not be available on acceptable terms or at all, market prices, competition, risks inherent in the development and launch of potential products and in new market segments, risks relating to the establishment and maintenance of relationships with athletes, celebrities and influencers, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of Naples Soap Company’s management on the date the statements are made. Except as required by applicable securities laws, Naples Soap Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240307326755/en/

Deanna Wallin, CEO & Founder, Naples Soap Company, (239) 325-8263, investorrelations@naplessoap.com

Source: Naples Soap Company

FAQ

Who was appointed to the Board of Directors of Naples Soap Company, Inc.?

Ira Miller, the Founder & CEO of Zone Capital Partners and First Inning Ventures.

What is the ticker symbol for Naples Soap Company, Inc.?

The ticker symbol is NASO.

What industries does Ira Miller have experience in?

Ira Miller has experience in finance, venture capital, and sports entrepreneurship.

What services does First Inning Ventures provide?

First Inning Ventures offers sports athlete agency and branding services.

What is the focus of Zone Capital Partners?

Zone Capital Partners consults with private and small cap public companies.