
12 27 07 | SAN
FRANCISCO
Gilbert Pritchard,
Jr. Joins Board of Directors at Dreamerz Foods
Former Avalon CEO brings leadership and entrepreneurial
expertise to Dreamerz
Dreamerz Foods, Inc., the creator of Dreamerz®,
the first ever all-natural sleep beverage, today announced Gilbert
Pritchard, Jr., former chief executive officer of Avalon Natural
Products, as the newest member of the San Francisco-based company's
board of directors. Pritchard brings more than 25 years
of experience leading mass market companies in the personal care
and natural food industries including nSpired Natural Foods, Barbara's
Bakery, Inc., and Sunfield Foods, Inc., a division of Nestlé.
Pritchard's leadership abilities, knowledge of the personal care
and wellness market, and operational proficiency will greatly benefit
Dreamerz as it continues to broaden distribution and introduce new
products under the healthy sleep and wellness portfolio.
Pritchard is a well-respected leader within the
personal care industry and known for his ability to nurture and grow
small, unique brands into multi-million-dollar product
lines such as Avalon Organics and Alba Botanica. During his tenure
as CEO of
Avalon, Pritchard increased sales by more than 80 percent
through strategic and focused brand development and operational effectiveness.
Avalon was sold in late 2006 by North
Castle Partners, a leading private equity firm, to Hain Celestial
for $120 million.
"In the complex health and wellness market,
it's critical to work with experienced leaders who know how to build
brands and create market share," said Ilya Nykin, chairman of
the company's board of directors and managing director of Prolog
Ventures, a founding investor of Dreamerz Foods. "Throughout
his career, Gil has proven his strength in these areas. We are thrilled
to have him join the board and look forward to leveraging his expertise
to grow the Dreamerz brand."
Amanda Steele, CEO and
founder of Dreamerz, explains, "As
a young company building awareness and momentum, Dreamerz looks to
industry leaders like Gil to provide insight and understanding of
the dynamic and fast growing market of health and wellness. We are
thrilled to have a well-respected and engaging member of the Bay
Area business community join our board."
"My best ideas come after getting a good night
sleep, so I especially appreciate the importance of Dreamerz to consumers,
like myself, who are seeking more natural alternatives," said
Pritchard. "I am thrilled to join the Dreamerz team and hopefully
contribute to the future success of such a unique and important product
and brand."
Pritchard holds a Bachelor of Science degree from
the United States Military Academy at West Point and a MS degree
from Columbia University. He joins current Dreamerz Foods board members
Ilya Nykin, managing director of Prolog Ventures and chairman of
the company's board of directors; Amanda Steele, co-founder
and CEO of Dreamerz Foods;
William Rosenzweig, managing director of Physic Ventures; Pete Mattson,
Chairman of Mattson and Company; Roger Wyse, managing director of
Burrill & Company; and Sheryl O'Loughlin,
co-founder and CEO of Nest Naturals
and former CEO of Clif Bar and
Company.
About Dreamerz Foods
Dreamerz Foods champions the importance of healthy
sleep and stress reduction by creating great-tasting, all-natural,
and efficacious products. Their first product, Dreamerz all-natural
sleep beverage, is a dietary supplement in the form of an all-natural,
dairy-based functional sleep beverage. The clinically proven ingredients
are Lactium®, hydrolyzed milk casein, to reduce stress and promote
relaxation, and a patented, low dose of melatonin, to help regulate
sleep.* The delicious dairy drink contains only 100 calories
per serving, is low in fat, and is a good source of calcium. Dreamerz
believes that a good night's sleep means a better day so that people
can enjoy energy, creativity, and passion for life every day.
To learn more about Dreamerz Foods, please visitwww.dreamerzfoods.com.
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