Blue just sent me a link to THCG's latest news release.
levy - this may help with your DD
THCG Forms Advisory Board With Top Business Creation, New Media and Technology Execs and Entrepreneurs
Business Wire - November 17, 1999 16:50
NEW YORK--(BUSINESS WIRE)--Nov. 15, 1999--THCG, INC. (NASDAQ: THCG) today announced that it has formed a notable Advisory Board with members that have distinguished careers in business creation, entertainment, leading technology and healthcare companies, investment banking and in public service. Ivan Berkowitz, Chairman of the Advisory Board and Managing General Partner of Great Court Holdings, commented, "THCG has done a great job building the infrastructure required for adding real value to both Internet entrepreneurs as well as to established companies implementing an online strategy. I look forward to actively participating in shaping THCG's future, as well as making an impact in helping THCG's clients design and execute their respective strategies."
Joseph D. Mark, Co-Chief Executive Officer of THCG commented, "We expect our Advisory Board to play a significant role in several critical areas to THCG, including proactive assistance to our clients, high-quality deal flow generation, and assessment of new business opportunities.
Added Adi Raviv, Co-Chief Executive Officer of THCG, "The Advisory Board will provide critical assistance to our clients, in areas such as Strategic Planning, Business Model Validation, Corporate Development, Strategic Alliances, and others. Members of the Advisory Board have expressed their desire to serve on the Boards of Directors of our clients and portfolio companies and add value in any way they can. This is an incredible asset to THCG, and we will actively work to make sure our clients and portfolio companies realize the return on such an asset."
THCG's Advisory Board includes:
-- Larry Smith - Larry is Managing Partner of Mercury Coast, an
Internet business creation consulting firm. Prior to founding
Mercury Coast, Larry co-founded and served as CEO/President of US
Interactive (NASDAQ: USIT), one of the leading Internet
Professional Services firms in the U.S.
-- Bob Friedman - Bob is the President of New Line Television, a
division of New Line Cinema, and Co-Chairman of Worldwide
Theatrical Marketing. Previously, Bob served as President of
Playboy Enterprises and Senior Vice President of Marketing for
MTV.
-- Craig Newman - Craig A. Newman is a partner with Arnold & Porter,
one of New York's leading law firms, where he specializes in
media and telecommunications law. From 1996-1999, Craig also
served as Senior Vice President and General Counsel of Americast,
the media and entertainment joint venture between The Walt Disney
Company and several of the Baby Bells.
-- Yaron Eitan - Former CEO of Geotek Communications, a publicly
traded company focused on the wireless industry. Currently, Yaron
is investing, advising, and building a number of Internet and
software companies.
-- Anders Brag - Anders was formerly a Senior Partner in Hambro
Private Equity Funds. Currently, Anders is a private investor
focusing on acquiring companies in the United States and Europe
out of bankruptcy and through leveraged buy-outs.
-- Daniel Straus - Daniel was Founder, President & CEO, and
Controlling Shareholder of Multicare, Inc., which he sold in
1997. Multicare, a public company, was one of the five largest
nursing home chains in the United States. Daniel is currently a
private investor.
-- Ivan Berkowitz - Ivan is Managing General Partner of Great Court
Holdings, a private investment. Previously, he was Chief
Executive Officer of PolyVision Corporation. Ivan serves on the
Boards of Directors of numerous public and private companies.
About THCG
THCG's mission is to build dominant companies by becoming a leading provider of business creation, development and financing resources to Internet entrepreneurs and traditional bricks and mortar companies migrating to the Internet. THCG has equity interests in a client portfolio of Internet-related companies including ETRAVNET.COM, Inc. (OTC BB: ETRV, www.etravnet.com), iBeauty.com (www.ibeauty.com), Interleaf, Inc. (Nasdaq: LEAF, www.interleaf.com), LogNet Systems Inc. (www.lognet.co.il) and TechOnLine, Inc. (www.techonline.com). As a result of the merger, THCG also has equity interests in over 10 additional Internet-related companies, including eSynch Corporation (www.esynch.com), RT Image Inc. (www.rtimage.com), SoftWatch Ltd. (www.softwatch.com), SunShine Media Corporation (www.bikini.com), ) and webMethods, Inc. (www.webmethods.com).
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, and other risks described in the Company's Securities and Exchange Commission filings.
CONTACT: Company Contacts:
Adi Raviv
Co-Chief Executive Officer
212/223-8272
araviv@thcg.com
www.thcg.com
or
Joseph Shmidman
Vice President - Israel
972-2-566-7341
jshmidman@thcg.com
www.thcg.com
or
Investor Relations:
Lisa D. Lettieri
Vice President
Lippert/Heilshorn Assocs.
212/838-3777 or lisa@lhai.com
www.lhai.com |
