Double Eagle Holdings Adds Former Vice President of Sales at Michelin to Corporate Advisory Board

June 15, 2011

MIAMI, June 15, 2011 /PRNewswire/ — Double Eagle Holdings, Ltd. (Pink Sheets: DEGH) announced today that it has added Rick Harris – owner and president of RL Enterprise & Associates, LLC and the former vice president of North American sales at Michelin to the company’s corporate advisory board. Double Eagle Holdings is the parent company of Fuse Science, Inc. (www.fusescience.com), developer of new, patent-pending technologies poised to redefine how consumers receive energy, medicines, vitamins and minerals.

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“The addition of Rick Harris to our advisory board brings a proven track record in successful sales and distribution growth across diverse industries, and that experience makes him the ideal candidate to guide our efforts in the many markets we know we can serve,” said Brian Tuffin, Fuse Science president and chief operating officer. “Rick’s experience will open distribution channels in multiple product categories and aid in the development of the right sales strategies for our products in the United States and abroad.”

In 2003, Harris was named North American vice president of sales for Michelin, the world’s leading tire company. In this capacity, he grew the company’s market share with independent retailers, car dealers, distributors, wholesalers and other major accounts across both the U.S. and Canada. Today, Michelin’s North American market performance remains unsurpassed, in part due to Harris’ legacy of leadership and his ability to transfer learning across distribution channels and industries.

Earlier, over a 19-year career at SC Johnson, Harris advanced through sales, marketing and general management positions to eventually become the company’s U.S. national sales manager, directly overseeing 350 salespeople with more than $1 billion in annual sales. He was subsequently appointed president and general manager of SC Johnson’s Puerto Rico and Caribbean operations, and under his leadership, the subsidiary delivered the highest sales, market share and profit growth in its history, while becoming the company’s fastest growing operation.

Harris later founded RL Enterprise & Associates, LLC, specializing in business development consulting, executive coaching and recruiting. He is an alumnus of The Ohio State University, where he holds BS and MBA degrees from the Fisher School of Business. Harris was recently appointed by the Governor of the State of South Carolina and approved by the South Carolina Senate to the state’s Commission of Minority Affairs as board member and chairperson.

“I believe Fuse has the potential to become one of the most recognizable brands and delivery systems in sports nutrition, skin care, and a wide variety of other spaces,” added Harris. “The company’s management team is assembling a formidable advisory board, and my focus will be on expanding distribution in strategic retail channels to create significant value. We will do this effectively in a step-wise fashion, and I’m excited to be a part of the Fuse Science story.”

Double Eagle Holdings’ board of directors will consist of five voting board members and six non-voting, advisory board members. Each board member brings a specialty area of expertise essential to the successful implementation of the company’s long-term product, sales and growth strategies. The company expects to announce the final voting board seat and three advisory seats in the coming days.

About Double Eagle Holdings

Double Eagle Holdings (Pink Sheets: DEGH) is an innovative consumer products holding company and the parent company of Fuse Science, Inc. Based in Aventura, Florida, Fuse Science is the developer of patent-pending conveyance technologies poised to redefine how consumers receive energy, medicines, vitamins and minerals, delivering their benefits faster and more effectively than ever before. Information about Fuse Science is available online at www.fusescience.com or by calling 305-503-FUSE (3873).

Safe Harbor Statement: Certain statements and information included in this release may constitute “forward-looking statements” as defined in the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied in such statements. Additional discussion of factors that could cause actual results to differ materially from management’s projections, estimates and expectations is contained in the company’s SEC filings. The company assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by federal securities laws.

SOURCE Double Eagle Holdings, Ltd.

Source: newswire

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