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IRVINE--- New Appointment Heralds Launch of New Services From Ault Glazer & Co., Inc.; Gary Gottlieb Replaces William Dully as

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Submitted by admin on 1/6/2009 @ 3:18 PM

IRVINE, Calif., Jan. 6 /PRNewswire-FirstCall/ -- William Dully steps down as CEO and President of Ault Glazer & Company, Inc. (Pink Sheets: AULT) with Gary Gottlieb assuming leadership of the company. Gottlieb's appointment was made on January 1, 2009 and reflects changes that have been taking place for the past month.

Mr. Gottlieb brings over 36 years of accounting experience to Ault Glazer & Co., Inc. He has served as Chief Accountant of C&R Clothiers, Bosley Medical Group, and was an internal accountant at Computer Science Corporation, the world's third largest IT outsourcing vendor.

"Bill Dully left to pursue new ventures, and we all wish him very well. I've been brought in because I have the experience to restructure the company's finances and move the company forward in profit generating ventures," said Gottlieb.

On December 1, 2008 Ault Glazer & Company, Inc. created US Loan Modification Agency offering help to homeowners across the country. AG&C, Inc. is looking forward to opening a real estate company and home mortgage entity working with leads from the loan modification services.

About Ault Glazer & Co., Inc.

Ault Glazer & Company, Inc., a holding company, through its wholly owned subsidiaries and minority interests, is engaged in a number of diverse business activities, including merchant banking; corporate lending; Internet sales and marketing; real estate; healthcare; energy; consumer products and services; and media.

Forward-Looking Statement

Statements included in this press release that are not strictly historical in nature constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause Ault Glazer and Company, Inc.'s actual results to be materially different from historical results or from any results expressed or implied by such forward-looking statements. All forward-looking statements are qualified in their entirety by this cautionary statement. AG&C, Inc. or their subsidiaries do not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.