eVision USA.Com, Inc. AnnouncesEstablishment of Technology Advisory Group
June 23, 1999 01:29 PM
DENVER--(BUSINESS WIRE)--June 23, 1999--eVision USA.Com, Inc. (eVision) EVIS today announced the establishment of its Technology Advisory Group designed to support the identification, evaluation and selection of small, emerging high tech companies in need of equity and debt funding.
eVision, the parent company of American Fronteer Financial Corporation, a regional securities broker/dealer, and eBanker USA.com, Inc., an Internet-based high yield lending company, is concentrating its financial service capabilities on the technology sector.
eVision's Technology Advisory Group will be made up of current and former technology executives from the areas of computer hardware and software, telecommunications, Internet-related e-commerce, and medical data processing. The group's initial members are Jim Bracking, Peter Stanforth and Charles Brink.
"The decision to form the Technology Advisory Group represents eVision's ongoing commitment to improve the quality of services provided to our clients, both our investors and the companies to which we provide access to capital," said Fai Chan, Chairman of eVision. "eVision will continue to distinguish itself by recruiting successful technology executives to our Technology Advisory Group that have the experience to determine the early potential of small companies needing capital which will benefit our investor clients."
Jim Bracking has been involved in several successful, Silicon Valley start-ups over the last twenty years. Most notably, Mr. Bracking was a co-founder and executive of Puma Technology, Inc. PUMA . He was also recently involved in the organization of a Boulder-based Internet software company, Novazen Software, Inc. "Participating in the creation of several technology start-ups and having to address their ongoing funding requirements, it is a pleasure to work with a firm that is committed to early identification of the most promising, emerging high tech companies," said Mr. Bracking.
Peter Stanforth is a British-educated, telecommunications software engineer who has participated in the creation of several software companies. Mr. Stanforth is a leading expert in the design of digital switching technologies and wireless application platforms. Mr. Stanforth has held the position of Director of Technology for SHL Systemhouse as well as other senior engineering positions with ITT and Philips. Mr. Stanforth has also been widely published in several telecommunication journals, and was also a co-founder and Vice President and Chief Technical Officer for Phoenix Wireless Group, Inc., recently sold to Excel, Inc.
Charles Brink is a corporate attorney specializing in Intellectual Property law, having participated in the founding and management of several telecommunications software companies. Mr. Brink has been involved in the creation of wireless joint venture projects throughout Asia and South America. Originally trained as a mergers and acquisition due diligence attorney, Mr. Brink founded his first software company TCT/Com Dev, in 1986 which engaged in joint application development with several regional bell operating companies.
"eVision will continue to expand its Technology Advisory Group to include additional experts with complimentary experiences and skills," said Fai Chan. "Over the next few months, eVision will make additional announcements as other members of the group are brought on board, demonstrating our commitment to serve this industry".
eVision also announced the addition of Mr. Tony Chan as an executive working in Technology Banking, responsible for the coordination of the company's high tech and emerging Internet related strategic funding activities. Mr. Chan has been principally involved in the development of eBanker USA.com, Inc. Mr. Chan has considerable experience in the development of complex equity products and the management of security transactions. Mr. Chan has held management positions with both Commerzbank and Peregrine of Hong Kong as a structured products analyst and marketer.
The statements included in this press release concerning predictions of economic performance and management's plans and objectives constitute forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.
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