Community Redevelopment Inc. announced that Mr. Phil Sands will be joining the Executive management team as Company President. Mr. Sands is a seasoned veteran in the investment community, having served in positions such as CEO, interim CFO, Director and President of both publicly traded companies and private businesses. Mr. Sands, through his professional relationships within the investment community, has guided companies in raising millions of dollars in capital.

Mr. Sands has an AS in English from Atlantic Union College, 1982; and a BS in Business Communications from Worcester College, 1984. Mr. Sands initial focus is oversight of the Company's investment agenda to secure needed capital for continued and stable growth. To that end, along with CEO he will co-manage strategic direction as well as representing corporate interests with regulatory bodies and SROs such as the SEC, OTC and Nasdaq.