OmniaLuo Inc announced that effective November 6, 2008, Ms. Michelle Liu resigned as Chief Financial Officer of OmniaLuo, Inc. and that effective November 6, 2008, the Board of Directors appointed Mr. David Wang as the Company's new Chief Financial Officer.
David Wang, Chief Financial Officer :
Mr. Wang, age 42, has more than 15 years experience in accounting, finance and investment banking. From December 2007 to November 2008, Mr. Wang was Vice President of Maxyee Group, an international company focused on real estate and biological pharmacy. From August 2006 to November 2007, Mr. Wang was Chief Financial Officer of Sunway Global Inc (Sunway), a company engaged in the business of designing, manufacturing and selling logistic transport systems and medicine dispensing systems and equipment.
Prior to joining Sunway, Mr. Wang served as an accountant for Sinopec and prior to that worked as an investment banker for various investment banking firms. Mr. Wang received a Masters Degree and PhD degree in the field of Finance from Xiamen University in Fujian Province, China.
"The appointment of David Wang as Chief Financial Officer is a critical step towards our Company's future growth and success," said Ms. Cindy Luo, Chairwoman and CEO. "Mr. Wang's experience and leadership will be instrumental in achieving a NASDAQ Capital Markets upgrade as well as creating an actively traded and fully valued stock for all OmniaLuo investors," stated Mr. Luo.
OmniaLuo Inc, based in China's fashion capital of Shenzhen, is in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO. OMNIALUO's apparel embodies elegance, femininity and sophistication for China's rapidly growing class of urban and affluent female professionals. With its rapid and strategic expansion plan, OMNIALUO plans to increase its retail presence to more than 250 retail stores and distributor relationships by year end 2008.