Champion Reports Net Losses for Second Quarter and First Six Months

“We are also aware that we may need to continue the exploration of additional strategic initiatives including asset sales that make reasonable sense to all parties. We also must diligently strive to complete certain initiatives, which are currently in process, but not yet completed as these actions should assist in accomplishing our long term goals. The company has many tasks to accomplish but we are committed to staying the course and persevering through the challenges ahead. ”