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Breaking News

Clearly New CEO

June 29, 2007

VANCOUVER, BRITISH COLUMBIA/June 28/Canada Newswire -- Clearly Canadian Brands announced today that Brent Lokash has been appointed to the position of CEO of the company and will be replaced as president by David Reingold. David Reingold is a leader in the Canadian health food industry and was the majority owner of DMR Food Corporation, a top seller of organic and natural snack foods in Eastern Canada, and My Organic Baby Inc., the first full line of certified organic baby food in Canada. Both DMR and My Organic Baby have recently been acquired by Clearly Canadian.

The company also announced that Reingold and George Reznik have been added to the company's board of directors. Reznik is a chartered accountant with over 18 years of corporate finance, operational management, investor relations and M & A experience. Reznik will play a significant role in the company's overall strategic direction including merger and acquisition and overall business growth. He previously served as the vice president of finance for Pivotal Corporation, where he led the company through an initial public offering on the NASDAQ and Toronto Stock Exchange during Pivotal's high growth phase with a seven-fold increase in revenue and company size. Prior to joining Pivotal, Reznik was with Deloitte & Touche Corporate Finance practice for 12 years and led Deloitte's business valuation practice. Reznik is a charted accountant, chartered business valuator and a certified fraud examiner. Reingold and Reznik will replace Cameron Strang and David Parkes, who recently resigned from the Board.

The board now consists of Brent Lokash (chairman), Marco Markin, George Reznik, and David Reingold and the board's Audit Committee, Compensation Committee and Corporate Governance Committees will be comprised of Markin and Reznik.

From the July 2, 2007, Prepared Foods e-Flash

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