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FOR IMMEDIATE RELEASE
ST. LOUIS , MISSOURI
JUNE 1, 2005
Angelica Hires Van Vliet as President
St. Louis, Missouri (June 1, 2005) - Angelica Corporation
(NYSE: AGL), a leading provider of healthcare linen management services,
announced today that it had hired David Van Vliet effective June 6, 2005 as
President and Chief Operating Officer. Steve O'Hara will continue as Chief
Executive Officer.
Most recently, Mr. Van Vliet was President & CEO of Growing
Family, Inc., a leader in infant photography in hospitals and customized
marketing to young families. Prior to Growing Family, Mr. Van Vliet held sales
and marketing positions with Nabisco, Jacobs Suchard/E. J. Brach, Inc., and
Procter & Gamble. Mr. Van Vliet, a 1977 graduate of Dartmouth College , will
relocate to Angelica's Atlanta offices and oversee all operations.
Commenting on the appointment, Steve O'Hara, Chief Executive
Officer, noted, “We are delighted to be adding an executive of Dave's caliber to
Angelica. Dave's experience in providing world class customer service to the
healthcare industry will be invaluable to us as we seek to widen our lead in
healthcare linen services. Providing unsurpassed customer service is the
cornerstone of everything we seek to accomplish, including increased organic
revenue growth and gross margin improvement. Dave's expertise in this area is a
major addition to Angelica.”
Separately, Angelica announced that Paul Anderegg had resigned
as President of Angelica Textile Services. These operations will now report
directly to Mr. Van Vliet. Mr. O'Hara said, “We are very grateful to Paul
Anderegg for his five years of leadership. Paul contributed significantly to our
growth the last few years, during a period of excessive energy costs and labor
strife. We wish him well in his future endeavors.”
Angelica Corporation, traded on the New York Stock Exchange
under the symbol AGL, is a leading provider of textile rental and linen
management services to the U.S. healthcare market. More information about
Angelica is available on its website, www.angelica.com
Forward-Looking Statements
Any forward-looking statements made in this document
reflect the Company's current views with respect to future events and financial
performance and are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Such statements are subject to certain
risks and uncertainties that may cause actual results to differ materially from
those set forth in these statements. These potential risks and uncertainties
include, but are not limited to, competitive and general economic conditions,
the ability to retain current customers and to add new customers in competitive
market environments, competitive pricing in the marketplace, delays in the
shipment of orders, ability to mitigate work disruptions at our plants arising
from a union's corporate campaign against the Company, availability of labor at
appropriate rates, availability and cost of energy and water supplies, the cost
of workers' compensation and healthcare benefits, the ability to attract and
retain key personnel, the ability of the Company to recover its seller note and
avoid future lease obligations as part of its sale of Life Uniform, the ability
of the Company to accomplish its strategy of redirecting its resources to its
healthcare linen management business in a timely and financially advantageous
manner, unusual or unexpected cash needs for operations or capital transactions,
the effectiveness of certain expense reduction initiatives, the ability to
obtain financing in required amounts and at appropriate rates and terms, the
ability to identify, negotiate, fund, consummate and integrate acquisitions, and
other factors which may be identified in the Company's filings with the
Securities and Exchange Commission.
For additional information contact:
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STEVE O'HARA
CEO or
COLLEEN HEGARTY
DIRECTOR OF INVESTOR RELATIONS
ANGELICA
CORPORATION
TELE: (314) 854-3800
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JOHN MILLS
INTEGRATED CORPORATE RELATIONS, INC.
(310) 395-2215
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