[UPDATE 2][ISSUE(S)][11-11-99 03:59 PM ET] MARK CONAN, CFO (CSCC); OPTIONS ISSUANCE(S), PRICING.
"...Conan will join the Company Nov. 8, 1999.
Conan joins CenterSpan from Crown Pacific (NYSE:CRO - news) where he was Vice President of Finance and responsible for finance and cash management, financial statement and SEC reporting, tax, budgeting and forecasting, information systems, investor relations and mergers and acquisitions. Conan participated in Crown Pacific's 1994 IPO and led follow-on equity and debt offerings in 1996 and 1998 totaling $450 million. Prior to joining Crown Pacific, Conan spent 10 years at Price Waterhouse.
``I am extremely excited about the CenterSpan vision. I am convinced there is a significant need for an easy-to-use Internet communication and collaboration application for the mass market and see the opportunity in front of us as being truly global,' stated Conan.
Frank G. Hausmann, CenterSpan's President and CEO commented, ``Mark's financial, SEC and deal experience will be a great asset. I have known Mark for over 12 years and I am extremely confident that he will provide keen financial leadership, execution and insight as we pursue our Internet communications and collaboration strategy..."-Source: CenterSpan Communications, 1 Nov 1999.
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