(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
-0-
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 |
