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Technology Stocks : RRRR - ICC Technologies/Rare Medium -- Ignore unavailable to you. Want to Upgrade?

To: Bernie Sturr who wrote (775)	5/14/1998 6:49:00 AM
From: Mark Jenkins	Read Replies (1) \| Respond to of 954

ICC Technologies, Inc. (Nasdaq) and Rare Medium, Inc. Subsidiary Name John Gross New Chief Financial Officer and Senior Vice President NEW YORK, May 14 /PRNewswire/ -- ICC TECHNOLOGIES, INC. (Nasdaq: ICGN - news) announced today that its subsidiary, Rare Medium, Inc., a leading Internet solutions provider for Global 2000 Corporations, has named John Gross as new Chief Financial Officer and Senior Vice-President of both Rare Medium, Inc. and ICC Technologies, Inc. He will be responsible for all financial operations of ICC and Rare Medium including accounting and corporate finance. John Gross has previously served as Vice-President/Controller for Readers Digest, the $3 billion publisher and direct marketer, Chief Financial Officer for Factset Research Corp., a leading publicly held technology company providing financial data and as both Controller and Manager of Strategic Planning at PepsiCo. Mr. Gross started his career at Coopers & Lybrand. He is a Certified Public Accountant, has a NASD series 27- Financial Operations Principal and received an MBA from New York University. ''We are extremely pleased to have John join the Senior Management team of Rare Medium and ICC Technologies. He brings a unique blend of Fortune 500 corporate operations experience along with entrepreneurial technology startup experience,'' said Glenn S. Meyers, President and Chief Executive Officer of ICC and Rare Medium. He added: ''John's maturity, leadership and more than 15 years of financial and operating experience will help Rare Medium manage its program designed to accelerate growth of Rare Medium both organically and through acquisition.'' John Gross added: ''Rare Medium represents an exciting opportunity to be a member of the senior management team in an emerging growth company in the Interent Professional services space. I feel my strong background in finance, planning and control along with my M & A experience and leadership will be a strong addition to the team and I am very excited about the opportunity.'' Rare Medium, Inc. is a leading strategic Internet services firm helping national clients develop Internet strategies, improve business processes and develop interactive content using Internet-based technologies to enable them to grow with their businesses. With approximately 100 Internet professionals nationally, Rare Medium provides clients with Internet business strategy consulting, needs analysis, architecture planning, Internet, Intranet and Extranet solutions, design and development, audience development, hosting and maintenance. The Company works primarily with global 2000 clients. Rare Medium has offices in New York and Los Angeles. Traded on Nasdaq under the symbol ICGN, the Company is headquartered in New York City's ''Silicon Alley.''