Victory Electronic Cigarettes Corporation announced the completion of the VAPESTICK(R) acquisition. VAPESTICK(R) was launched in 2010 by co-founders Michael Clapper and Michiel Carmel. Mr. Clapper will be assuming the expanding role of President International for Victory and Mr. Carmel will be assuming broader operational responsibilities in the European Group.

Michael Clapper has an outstanding record of success in both financial products and FMCG, specializing in multi-channel marketing and distribution, start-ups, brand building, and e-commerce. Michael was voted 'Business Leader of the Year' at the British Mortgage Awards, prior to founding VAPESTICK(R), and is now recognized as a voice of the electronic cigarette industry in Europe and is a regular commentator on UK radio and television, and sits on the board of the European Electronic Cigarette Trade Association, ECITA.