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PFO Global, the worldwide eyewear and technology supplier has shifted gears

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PFO Global, the worldwide eyewear and technology supplier has shifted gears
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August 25, 2011

PFO Global, the worldwide eyewear and technology supplier has shifted gears with a revamped board and shareholders, and a new product strategy. On February 9, 2011, the company voluntarily filed for Chapter 11 bankruptcy in order to reorganize. On August 22, 2011, the United States Bankruptcy Court for the Southern District of Florida entered an order confirming and approving PFO Global’s plan of reorganization.

Irving, TX - PFO Global Group is pleased to announce Claudine Williams will succeed, Kristina Roberts as Executive Assistant/ Marketing Communications Coordinator.  Claudine is a graduate of Columbia College Chicago, with a Bachelors Degree in Broadcast Media Public Relations, she is currently working on her MBA in her spare time.

"PFO Global is extremely pleased to announce today that its plan of reorganization for exiting Chapter 11 has been approved by the US Bankruptcy Court for the Southern District of Florida. Concomitant with this plan has been a major recapitalization of the company by its new majority private equity shareholder. It is now poised to continue its ascension as a major player in the US and international optical industry"

“This is an amazing day for an extraordinary company, which has captured its market position during the reorganization and increased sales by 84% as of July 31, 2011. The company is well capitalized and ready for future growth. We are also proud to have competent shareholders, they understand our business and have a sense for business” said Rudolf Suter, CEO and President”.

Together, these elements create the new vision of PFO Global.

For more information, contact Kristina Roberts- info@pfoglobal.com