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Chief Financial Officer Joins Coastal Capital Acquisition Corp.(May 23, 2012)
NAPLES, FL -- (Marketwire) -- 05/23/12 -- Earth Surfaces of America, Inc. of Naples Florida, a wholly owned subsidiary of Coastal Capital Acquisition Corp. (PINKSHEETS: CCAJ) announced that it has appointed Daniel F. Governile as its Chief Financial Officer and as a Director of both Coastal Capital and Earth Surfaces of America.
Governile brings more than 25 years financial management and business strategy experience as a CFO and consultant to diverse companies in the manufacturing, construction, and healthcare industries. Most recently, Governile held the roles of CEO and CFO at Solar Ventures USA, Inc., a privately held company involved in the manufacture and installation of solar racking systems. Governile holds a B.S. in accounting from the University of Illinois and an M.B.A. in finance from the Kellogg School of Management at Northwestern University. He is a Certified Public Accountant.
"It is increasingly important for us to find key individuals to provide the financial leadership necessary to grow and meet the needs of our shareholders and customers," said CCAJ and Earth Surfaces CEO Tony DiNorcia. "I am excited to welcome Dan to our family. He is a seasoned financial professional whose extensive knowledge and experience will be instrumental in achieving Earth Surfaces' future success."
Earth Surfaces of America, Inc. produces Eco-friendly concrete terrazzo products with unmatched precision in a state-of-the art pre-cast factory. Additionally, the Company manufactures precast pavers in unique styles and sizes at its Naples, Florida facility. On May 7, 2012, Coastal Capital Acquisition Corp. acquired 100% of the stock of Earth Surfaces of America, Inc.
This press release and the statements of representatives of Coastal Capital Acquisition Corp. (the "Company") related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information. These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "projects," "may," "could" "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with the Securities and Exchange Commission (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.
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Chief Executive Officer
Coastal Capital Acquisition Corp & Earth Surfaces of America
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