NEWS.. (COMTEX) B: ComTech Strengthens Board with Appointment of Vincent Edward Alexander
HOUSTON, Dec 10, 1999 (BW HealthWire) -- ComTech Consolidation Group
Inc. (OTCBB:CCGI) today announced the appointment of Vincent Edward
Alexander to the company's board of directors.
Alexander currently serves as chief executive officer for Infinity
Brokerage Corp. and brings years of Investment Banking experience to
ComTech. Before his engagement with IBC, Alexander was vice president
of investment banking for Jackson Securities Inc., an Atlanta based
Investment Banking firm. While with Jackson Securities Inc., Alexander
secured underwriter positions in excess of $1 billion within two years.
Prior to JSI Alexander was vice president of investment banking at
Rauscher Pierce Refsnes Inc. (Dane Rauscher) in Dallas. While at RPR
Inc., he participated in underwritings in excess of $4.5 billion
dollars, bringing his career total underwritings to over $8 billion
dollars.
ComTech President Joel Flowers commented on the appointment "Vincent is
a seasoned financial professional and we are proud to have him as a
board member of ComTech. He has extensive experience as an underwriter
and will be a tremendous asset to ComTech as we move forward." Flowers
went on to say, "The new management team at ComTech plans on making a
formal announcement on the future direction of the company in the next
7-10 days."
About ComTech
ComTech Consolidation Group Inc., is a Houston based consolidation
company with operations in the Health care and Technology Industries.
ComTech seeks to grow through acquisitions as well as organic growth
for its acquired companies. ComTech has been profitable for the last
six quarters. ComTech trades on the Over The Counter Bulletin Board
under the ticker symbol CCGI.
Statements regarding financial matters in this press release other than
historical facts are "forward looking statements" within the meaning of
section 27A of the Securities Act of 1933, Section 21E of the
Securities Exchange Act of 1934, and as that term is defined in the
Private Securities Litigation Reform Act of 1995. The company intends
that such statements about the company's future expectations including
future revenues and earnings, and all other forward looking statements
be subject to the safe harbors created thereby. Since these statements
(future operational results and sales) involve risk and uncertainties
and are subject to change at any time, the company's actual results may
differ materially from expected results.
SOURCE: ComTech Consolidation Group Inc.
Copyright (C) 1999 Business Wire. All rights reserved.
Distributed via COMTEX.
-0-
CONTACT: Compass Point Group Inc.
Scott Brown, 619/525-0800
sb@compasspointgroup.com
WEB PAGE: businesswire.com
GEOGRAPHY: TEXAS
INDUSTRY CODE: BANKING
MANAGEMENT
CHANGES
MEDICAL
INTERNET
COMPUTERS/ELECTRONICS
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
*** end of story *** |
