Car Monkeys Group Names Donald Varshine as Chief Operating Officer

WYCKOFF, NJ / ACCESSWIRE / April 27, 2015 / Car Monkeys Group (PINKSHEETS: CKMY), announces the appointment of Donald Varshine as Chief Operating Officer, effective April 27, 2015. Mr. Varshine was the Founder, President, & CEO of Integrated Global Logistics, a top 100 logistics company with a proven track record in developing a productive environment with effective company growth and bottom line results. An accomplished visionary executive with extensive P & L management experience along with knowledge in growing startup companies, adds tremendous support to our management team. His background in developing distribution networks will aid our growth opportunities throughout North America. Mr. Varshine’s experience will enhance our customer support and promote customer satisfaction.

Prior to Integrated Global Logistics, Don co-founded Keystone Dedicated Logistics LLC, and has also been employed as a top executive for H. J. Heinz, MidlandRoss Corporation, Genlyte Light Corporation, and Thomas Industries. He has served on numerous boards bringing value to our team approach.

Mariusz Girt, President and CEO of Car Monkeys Group, said, “We are delighted to attract a professional of Don’s caliber. He is an outstanding financial and operations executive with a proven record in managing growth companies. He has the background and expertise to help Car Monkeys Group develop and expand our business.”

About Car Monkeys Group:

We are an online retailer of used auto parts under the brand name Car Monkeys. The Company utilizes proprietary algorithms developed in 2008 by Mariusz Girt, the Company’s president. The Company’s proprietary search and consolidation algorithm allows us to show our customers all parts that meet their specific needs. Far more sophisticated than normal search engines, this technology understands and accounts for the fact that many identical parts and assemblies are shared across multiple models, model years, and even across brands. Most owners are completely unaware that parts from a completely different vehicle may be an exact fit for their application. Ordinary search engines do not account for this interchangeability, and as a result, severely limit the customer’s range of choices. This first component of our technology lays the groundwork by providing us with an enhanced field of possibilities for subsequent data mining.

Forward-Looking Statements:

This press release includes statements that may constitute “forward-looking” statements, usually containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, the Company’s cash position and liquidity requirements, acceptance of the Company’s current and future products and services in the marketplace, the ability of the Company to develop effective new products and receive regulatory approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company’s periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

Contact:

Voice: 917.796.2196
Facsimile: 877.487.2319
393 Crescent Way, Wyckoff,
New Jersey, 07481

SOURCE: Car Monkeys Group

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