NEW YORK--(BUSINESS WIRE)--Aug. 18, 2005--Aeropostale, Inc. (NYSE:
ARO), a mall-based specialty retailer of casual and active apparel for
young women and men, today announced that Karin Hirtler-Garvey,
formerly Chief Operating Officer, Global Markets for Bank of America
(formerly Nations Bank), has been appointed to the Aeropostale Board
of Directors.
Ms. Hirtler-Garvey joined Bank of America in September of 1995 and
held various senior management positions within the organization until
March of 2005. Prior to becoming Chief Operating Officer, Global
Markets, from April to October of 2004, Ms. Hirtler-Garvey held the
position of President of Trust and Credit Banking Products. From June
2001 to March 2004, Ms. Hirtler-Garvey held the position of Chief
Financial Officer/Chief Operating Officer for the Wealth and
Investment Management division. Prior to joining Bank of America, from
October 1986 to August 1995, Ms. Hirtler-Garvey held various finance
and market risk positions at J.P. Morgan & Co. Ms. Hirtler-Garvey
started her career at Arthur Young & Co. in New Jersey.
Julian R. Geiger, Chairman and Chief Executive Officer said,
"Karin's appointment represents a meaningful addition to our Board of
Directors. She brings an impressive financial background, having
served in top management positions within one of the largest financial
institutions. We welcome Karin to the Board and look forward to her
contributions to Aeropostale."
About Aeropostale, Inc.
Aeropostale, Inc. is a mall-based, specialty retailer of casual
apparel and accessories, principally targeting 11 to 18 year-old young
women and men. The company provides customers with a focused selection
of high-quality, active-oriented, fashion basic merchandise at
compelling values. Aeropostale maintains control over its proprietary
brands by designing, marketing and selling all of its own merchandise.
Aeropostale products are currently purchased only in its stores,
on-line thorough its website (www.aeropostale.com) or at organized
sales events at college campuses.
About Jimmy'Z:
Jimmy'Z, a wholly owned subsidiary of Aeropostale, Inc., is a
California lifestyle-oriented brand targeting fashion-aware young
women and men ages 18 to 25. Jimmy'Z offers customers trend-right
apparel in an innovative and unique store environment.
The first Aeropostale store was opened in 1987. The company
currently operates 629 Aeropostale stores in 47 states and 6 Jimmy'Z
stores in 6 states.
SPECIAL NOTE: THIS PRESS RELEASE AND ORAL STATEMENTS MADE FROM
TIME TO TIME BY REPRESENTATIVES OF THE COMPANY CONTAIN CERTAIN
"FORWARD-LOOKING STATEMENTS" CONCERNING EXPECTATIONS FOR SALES, STORE
OPENINGS, GROSS MARGINS, EXPENSES, STRATEGIC DIRECTION AND EARNINGS.
ACTUAL RESULTS MIGHT DIFFER MATERIALLY FROM THOSE PROJECTED IN THE
FORWARD-LOOKING STATEMENTS. AMONG THE FACTORS THAT COULD CAUSE ACTUAL
RESULTS TO MATERIALLY DIFFER INCLUDE, AMONG OTHERS, CHANGES IN THE
COMPETITIVE MARKETPLACE, INCLUDING THE INTRODUCTION OF NEW PRODUCTS OR
PRICING CHANGES BY OUR COMPETITORS, CHANGES IN THE ECONOMY AND OTHER
EVENTS LEADING TO A REDUCTION IN DISCRETIONARY CONSUMER SPENDING;
SEASONALITY; RISKS ASSOCIATED WITH CHANGES IN SOCIAL, POLITICAL,
ECONOMIC AND OTHER CONDITIONS AND THE POSSIBLE ADVERSE IMPACT OF
CHANGES IN IMPORT RESTRICTIONS; RISKS ASSOCIATED WITH UNCERTAINTY
RELATING TO THE COMPANY'S ABILITY TO IMPLEMENT ITS GROWTH STRATEGIES,
AS WELL AS THE OTHER RISK FACTORS SET FORTH IN THE COMPANY'S FORM 10-K
AND CURRENT REPORTS ON FORM 8-K, FILED WITH THE SECURITIES AND
EXCHANGE COMMISSION. THE COMPANY UNDERTAKES NO OBLIGATION TO UPDATE OR
REVISE ANY FORWARD-LOOKING STATEMENTS TO REFLECT SUBSEQUENT EVENTS OR
CIRCUMSTANCES.
CONTACT: Aeropostale, Inc.
Michael Cunningham/Kenneth Ohashi, 888-363-2825
or
Investor Relations:
Integrated Corporate Relations, Inc.
James Palczynski/Chad A. Jacobs, 203-222-9013
SOURCE: Aeropostale, Inc.
