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8-K - FORM 8-K - EMERSON RADIO CORP | c21337e8vk.htm |
Exhibit 99.1
NEWS & INFORMATION
FOR:
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EMERSON RADIO CORP. | |
85 Oxford Drive | ||
Moonachie, NJ 07074 | ||
CONTACT:
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Emerson Radio Corp. | |
Robert Maffei | ||
Investor Relations Manager | ||
(973) 428-2098 |
Thursday, August 11, 2011
EMERSON RADIO CORP. ANNOUNCES RESIGNATION OF CHIEF EXECUTIVE OFFICER
MOONACHIE, N.J. August 11, 2011 Emerson Radio Corp. (NYSE AMEX: MSN) today announced that
Adrian Ma, age 66, resigned from his position as Chief Executive Officer of Emerson Radio Corp.
(the Company) effective August 8, 2011, as well as all other positions held with the Company and
any of its subsidiaries, effective the same date. Mr. Ma also resigned from the Companys Board of
Directors effective August 8, 2011. Following his resignation, Mr. Ma will continue to serve
Emerson Radio in a consulting capacity.
The Emerson Radio Board of Directors wishes to thank Mr. Ma for his many contributions to the
Company over the past five years.
About Emerson Radio Corp.
Emerson Radio Corporation (NYSE AMEX: MSN), founded in 1948, is headquartered in Moonachie, N.J.
The Company designs, sources, imports and markets a variety of houseware and consumer electronic
products, and licenses its trademarks to others on a worldwide basis for a variety of products. For
more information, please visit Emerson Radios Web site at www.emersonradio.com.
Forward Looking Statements
This release contains forward-looking statements made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect
managements current knowledge, assumptions, judgment and expectations regarding future performance
or events. Although management believes that the expectations reflected in such statements are
reasonable, they give no assurance that such expectations will prove to be correct and you should
be aware that actual results could differ materially from those contained in the forward-looking
statements. Forward-looking statements are subject to a number of risks and uncertainties,
including the risk factors detailed in the Companys reports as filed with the Securities and
Exchange Commission. The Company assumes no obligation to update the information contained in this
news release.