(Navidec's)"DRIVEOFF.COM HIRES FORMER FIRST SECURITY VAN KASPER VICE PRESIDENT AS CFO
MONDAY, NOVEMBER 15, 1999 6:45 AM
- PRNewswire
DENVER, Nov 15, 1999 /PRNewswire via COMTEX/ -- DriveOff.com, the automotive e-commerce subsidiary of Navidec
Inc. (Nasdaq:NVDC), today announced that Christopher Harff joined the organization as Chief Financial Officer.
DriveOff.com's acting CFO, Pat Mawhinney, will continue his duties as Chief Financial Officer of Navidec Inc.
Prior to this position, Harff was Vice President of Corporate Finance for First Security Van Kasper. In this role, he
performed an array of investment banking services including public offerings and private placements. From 1994 to
1998, Harff was promoted to vice president of Imperial Capital, LLC, a Los Angeles based investment bank. Harff earned
bachelor's and master's degrees from the University of North Carolina at Chapel Hill and is a member of the American
Institute of Certified Public Accountants.
"DriveOff.com's superior technology and business model, combined with our experienced management team, keep our
organization at the forefront of automotive e-commerce," said Michael Kranitz, president of DriveOff.com. "Chris is a
perfect fit for the continued growth and success of our organization."
About DriveOff.com Inc. DriveOff.com Inc. is an automotive e-commerce company that provides world-class automotive
web sites including DriveOff.com, CarWizard.com and LeaseSource.com. The company's flagship web site,
DriveOff.com, is the world's first true automotive e-commerce web site -- allowing consumers to complete their entire
vehicle transaction online. DriveOff.com Inc., based in Englewood, Colorado, is a subsidiary of e-business solutions and
services provider, Navidec Inc.
All statements in this press release, other than historical facts, are forward looking statements. These statements are
based on certain assumptions and analyses made by Navidec in light of its experience and its perception of historical
trends, current conditions, expected future developments and other factors it believes are appropriate under the
circumstances. Such statements are subject to a number of risks and uncertainties, including general and economic
business conditions, demand for automobiles, competition from other automotive online services, market acceptance of
its online automotive solutions and other risk factors indicated from time to time in Navidec's filings with the Securities
and Exchange Commission. Those filings are available online at www.freeedgar.com.
SOURCE DriveOff.com, Inc.
(C) 1999 PR Newswire. All rights reserved.
prnewswire.com
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CONTACT: Andy Mountain of DriveOff.com, Inc., 303-645-5242,
andy.mountain@driveoff.com; or Natalie Goldstein of MGA Communications,
303-298-1818, ngoldstein@mgaperforms, for DriveOff.com, Inc.
WEB PAGE: navidec.comhttp://DriveOff.com
"
Must be something big brewing, to have the bankers as CFO, how many of them investment brokerage houses volunteer to go with a new internet incubator and betheir Corporate Financial Officer (CFO)...looking better, looking better, all the time..
I am,
Truly yours,
-Crystal Ball |
