Hybrid Fuels, Inc. Appoints Industry Expert as New CEO
FORT LAUDERDALE, Fla., Dec. 6, 2011 /PRNewswire/ — Hybrid Fuels, Inc., (Pink Sheets: HRID) announced today it has appointed Ramiro Cadena as its new CEO and President. Mr. Cadena was the founder and CEO of Hybrid Fuels’ newly acquired subsidiary, EMG Marketing Solutions, and will be instrumental in implementing the Company’s new business direction in the pharmaceutical/nutraceutical industry.
Mr. Cadena has over 25 years of extensive experience in the sales, marketing and product development of nutraceuticals. Under his leadership, EMG has established vendor relationships with Walgreen Pharmacies, Navarro Pharmacies and 85% of the Wholesalers in the U.S. that cater to convenience stores (C-stores), Grocery and Gas Stations. Prior to EMG, Mr. Cadena founded Pharma-Natural, Inc. (PNI), a leader in vitamins and nutritionals, and grew the company from owning one brand to over 120 Sku’s. He served as an industry expert/consultant for Anda Pharmaceuticals (Andrx Pharmaceuticals) and was a key player in establishing their over the counter (OTC) and Vitamin division to market and sell nutraceuticals to Pharmacies in their data base. He was also the CEO of World Wide Nutritionals, a marketing company focused on marketing vitamins and OTCs to Pharmacies via U.S.Drug wholesalers; Amerisource, Mckesson Drug and Bergen Brunswig. Mr. Cadena began his pharmaceutical career with Trend Pharmaceuticals in a sales capacity and was promoted to General Manager responsible for all aspects of operations from sales to product development/manufacturing. He has a marketing degree from Montclair State University.
“I am honored to accept the position of CEO and President and am fully committed to growing this opportunity. I believe that the key to our success is to own and market superior formulations and products that provide the market place with nutraceuticals that are safe and effective. Our marketing strategy must be unique and well-designed to completely overcome and eliminate the competition. We will be seeking board approval for a Company name change to better reflect our new business strategy. The nutraceutical supplement industry is a progressive market and has continued to show significant growths even during our economic downturns. With our ownership of key formulations and our proven ability to market in this space, we are well positioned for expedited revenue growth,” stated Ramiro Cadena, CEO of Hybrid Fuels, Inc.
About Hybrid Fuels, Inc.
The company was incorporated in the state of Nevada in 1998 as Polo Equities. It has primarily been a development stage company with management focused on developing innovative business opportunities and further advancing technologies.
Forward-Looking Statements – This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that could cause future results to differ materially from the forward-looking statements. You should consider these factors in evaluating the statements herein, and not rely on such statements. The forward-looking statements in this release are made as of the date hereof and Hybrid Fuels, Inc. undertakes no obligation to update such statements.
Hybrid Fuels, Inc. – 954-903-2993
SOURCE Hybrid Fuels, Inc.