Prime Rate Investors, Inc. announced that Nicholas Sprung, President of Stockli Ski USA, has been appointed to its Board of Directors. Stockli USA is a majority owned subsidiary of Prime Rate Investors and the exclusive distributor of the Swiss made Stockli skis and bicycles. Mr. Sprung established Stockli USA and continues to serve as its President in Denver, CO.

“We are very pleased that Nicholas has agreed to join our board,” said Prime Rate Investors President Dan Burgess. “He has driven Stockli USA's growth over the past decade and remains paramount to its continued expansion and the overall vision of Prime Rate Investors,” he concluded.