Monday, August 20, 2007

CASTLE BRANDS NOMINATES TWO NEW BOARD MEMBERS

Castle Brands says it has nominated its eight current directors for reelection, in addition to nominating two new individuals to its Board. The new nominees include Gill Jefferson, who has primarily worked with the Irish Distillers Group, and Keith Bellinger, Castle Brand’s current president and coo and former Allied Domecq exec.

Phillip Frost, M.D. was not nominated for reelection due to extensive commitments elsewhere, which would have prevented him from attending a number of the regularly scheduled meetings of the Board. He will instead remain an investor and special advisor to the Board.