Rare Medium Group Names Rebecca Lieb Director, Corporate Communications
NEW YORK--(BUSINESS WIRE)--April 4, 2000--Rare Medium Group Inc. (Nasdaq: RRRR) has appointed Rebecca Lieb to the post of director, corporate communications, it was announced today by Jeffrey J. Kaplan, executive vice president and chief financial officer.
Said Mr. Kaplan, "We're fortunate to have a seasoned executive with a background as broad as Rebecca's in corporate communications to raise Rare Medium Group's profile, as well as to generate awareness of our numerous properties. With the capital we recently raised in our public offering we intend to continue to make venture and incubator investments. We currently have six incubator companies and 15 venture investments in Internet companies. These multiple interests require a strategic and effective communications program, which we know Rebecca will deliver."
Added Joshua Glantz, Rare Venture's director of corporate development, "In today's highly competitive marketplace, differentiation is a key factor in determining success. Rebecca's background in Internet marketing and communications combined with her strong B2B media background will enable us to effectively leverage Rare and our company's investments."
As Director, Corporate Communications, Rebecca Lieb will oversee media and investor relations for Rare Medium Group and its venture capital arm, Rare Ventures; as well as the firm's incubator companies and venture investments. Additionally, Ms Lieb is charged with cultivating strategic relationships and directing special events to expand the visibility and business of the company and its investments and fostering collaboration within the Rare Medium portfolio.
Most recently, Ms Lieb was vice president, corporate communications, at Siegelgale, the strategic branding and e-services consultancy. She has held senior marketing and communications positions at entertainment and media companies including Universal Television & Networks Group (formerly USA Networks International) and German network RTL Television. As a journalist, Ms Lieb has written extensively on media and culture, and was Variety's German bureau chief. For ten years, she was a publicist for independent and foreign film distributors. She holds a BA from Vassar College and completed graduate work in cinema studies at New York University and the Universite de Paris.
Rare Medium Group Inc. is an Internet company that invests in next generation Internet companies and provides Internet professional services. Rare Medium invests in, develops and manages private companies and makes strategic investments in independently managed companies that it believes possess superior Internet-focused business models. Rare Medium provides end-to-end Internet professional services, including strategic and creative consulting, applications development, and the development of branding strategies, marketing communications and interactive content and hosting. Rare Medium leverages its Internet professional services in an effort to increase the overall success of the companies in its investment portfolio.
Rare Medium Group Inc. has over 800 employees in more than 20 locations worldwide. For more information, visit raremediumgroup.com.
Except for historical matters contained herein, the matters discussed in this press release are forward-looking and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these forward-looking statements reflect numerous assumptions and involve risks and uncertainties that may affect Rare Medium Group Inc. and its subsidiaries' business and prospects and cause actual results to differ materially from these forward-looking statements. Among the factors that could cause actual results to differ are Rare Medium Group Inc.'s limited operating history; competition; low barriers to entry; reliance on strategic relationships; rapid technological changes; inability to complete transactions on favorable terms and those risks discussed in the company's filings with the SEC.
CONTACT:
Joseph M. Zappulla
Wall Street Investor Relations Corp.
301-948-3430
joez@wallstreetir.com
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