CMGI & iCast News:
iCAST Adds Two Executives To Senior Management Team
WOBURN, Mass., Feb 1, 2000 (BUSINESS WIRE) --
Former Launch Media Executive Jonathan Sichel Joins as Senior
Vice President, Business Operations; Anthony Brandano Hired as CFO
iCAST, an online entertainment venture and majority-owned operating
company of CMGI Inc., announced today the addition of two executives to
its senior management team. Jonathan Sichel has joined iCAST as Senior
Vice President, Business Operations, and Anthony Brandano has joined as
Chief Financial Officer.
Mr. Sichel will oversee iCAST's business development and strategy
concerning joint ventures, partnerships and acquisitions. Mr. Brandano
will handle iCAST's financial operations. Sichel and Brandano join
iCAST during a period of rapid expansion.
Mr. Sichel joins iCAST from Launch Media, Inc., where he served as
Senior Vice President, Business and Legal Affairs. He supervised
business and strategic development, operations, and legal affairs for
all of the new media entertainment company's divisions, including
Launch.com, Launch Radio Networks and its television properties. Prior
to Launch Media, Jon was Vice President, Business and Legal Affairs and
Associate General Counsel for E! Entertainment Television Networks and
E! Online.
Mr. Brandano was most recently Vice President of Finance at Palomar
Medical Technologies, Inc., a publicly traded company focusing on
developing cosmetic products in the medical laser industry. As a member
of Palomar's management team, Mr. Brandano worked on Palomar's
strategic and operational planning, including the negotiation of
several acquisitions and divestitures, which led to the successful
turnaround of Palomar and repositioned the company for future revenue
growth. Previous to working at Palomar, Mr. Brandano was employed with
Arthur Andersen LLP as a senior manager in their high technology
practice.
About iCAST
iCAST (www.icast.com) is a multi-media rich, online entertainment
company that champions self-publishing within a personalized, community
oriented environment. iCAST.com will empower individuals with the tools
to create, customize and share their personal entertainment passions.
It will offer original, user-generated and syndicated audio and video
content, entertainment news, features and interviews, live and archived
events, and more. iCAST and the iCASTER, its downloadable media player,
use Microsoft's Windows Media as its preferred streaming media format.
Safe Harbor: This release contains forward-looking statements based on
current expectations or beliefs, as well as a number of assumptions
about future events, and these statements are subject to important
factors and uncertainties that could cause actual results to differ
materially from those described in the forward-looking statements. The
forward-looking statements in this release address a variety of
subjects including, for example, the anticipated offerings of iCAST.
The following factors, among others, could cause actual results to
differ materially from those described in these forward-looking
statements: iCAST may not execute successfully on its business plan,
and the growth required by iCAST may place too great a strain on its
managerial, operational and financial resources. For a detailed
discussion of these and other cautionary statements, please refer to
CMGI's filings with the Securities and Exchange Commission, including
CMGI's Annual Report on Form 10-K for the most recently ended fiscal
year.
Copyright (C) 2000 Business Wire. All rights reserved.
Distributed via COMTEX.
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CONTACT: iCAST Middleberg + Associates
Bill Golden Lowell Chase
781/994-4159 212/888-6610
bgolden@icast.com lowell@middleberg.com
WEB PAGE: businesswire.com
GEOGRAPHY: MASSACHUSETTS
INDUSTRY CODE: COMPUTERS/ELECTRONICS
INTERNET
ENTERTAINMENT
MANAGEMENT
CHANGES
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