Former President of Atari Joins the Board of DigitalMen.Com, Inc.
04/19 9:29A (BW)
Story 1409 (CVRG)
SANTA MONICA, Calif.--(BUSINESS WIRE)--April 19, 2000--Converge Global, Inc (OTCBB:CVRG) today announced that Mr. Lawrence Siegel has been elected to the Board of Directors of DigitalMen.Com, Inc. (www.digitalmen.com) a wholly owned subsidiary of Converge Global, Inc.
The DigitalMen.com web site was conceived and developed as a comprehensive Internet destination site for one of the largest and most lucrative target markets on-line -- men aged 18-50. Intending to be the ultimate Internet resource for men, DM provides an "edgy" environment, graphically rich and bold in design in accordance with current tastes of the 18 to 50 demographic.
The site is comprised of twelve "channels", each representing a general subject popular among men. These channels are: Toys, Women, Style, Money, Debauchery, Health, Sports, News, Entertainment, Travel, and the Digital Men Marketplace. Inside each channel, men find an assortment of articles, surveys, and editorials -- consistent with the enduring themes of men's interest. These concisely written product reviews and lifestyle features serve as quick reference for the male consumer, delivering pertinent information with wry humor, at the same time providing links to more in-depth resources and valuable on-line shopping opportunities.
Mr. Siegel served as President of Atari Corporation's Entertainment Division (AMEX:ATC) from 1989 to 1993. Since 1993 Mr. Siegel has served as a board member and consultant to several companies
Imran Husain, President and CEO of CVRG and founder of Digitalmen.com stated that, "We are very excited about Larry joining our Board. Mr. Siegel brings over 30 years worth of domestic and international corporate experience. While at Atari he helped to create and redefine an entire industry. It is with this type of forward thinking from men like Lawrence Siegel that Digitalmen.com will grow into an important destination on the web for men.
Mr. Siegel stated that, "I am very excited about the tremendous growth potential of DigitalMen.com and more specifically the upcoming launch of our site which I truly think will become the ultimate men's destination site. "
DigitalMen.Com has been funded and developed by CVRG to become the premier e-Commerce specialty portal targeted to men aged 18-55 years of age.
Converge (www.convergecom.com) has established a comprehensive Internet technology development infrastructure upon which the Company intends to capitalize through the development and launch of proprietary, commerce-driven specialty web portals, each designed to target a large market niche, as well as through "technology investments" in other promising Internet companies. Converge Global, Inc. has uniquely positioned itself as an incubator with an extensive talent pool in the Indian Subcontinent. This talent pool allows Converge to take its ideas from Concept to Reality in an expeditious manner. Also using the "Build In Rupees and Sell in Dollars" financial model, CVRG has a competitive and financial edge on its North American peers.
Please note: Included in this press release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurances that such expectations reflected in such forward-looking statements will prove to have been correct.
CONTACT: Converge Global, Inc.
Investor Relations
T. Akers, 310/434-1974
tony@digitalmen.com
09:15 EDT APRIL 19, 2000 |
