Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mark Jenkins who wrote (781)	5/19/1998 9:25:00 AM
From: Musya	Read Replies (1) \| Respond to of 954

Another excellent press release. The building of the team continues: ---------- ICC Technologies, Inc. (NASDAQ) Rare Medium Subsidiary Names Two Executives to Senior Management Team PR Newswire, Tuesday, May 19, 1998 at 09:14 NEW YORK, May 19 /PRNewswire/ -- ICC TECHNOLOGIES, INC. (NASDAQ:ICGN) announced today that its subsidiary, Rare Medium, Inc., a leading Internet Solutions provider for global 2000 Corporations, has named two executives to its senior management team: Robert C. Lewis as Director of Legal & Business Affairs and Joshua Glantz as Director of Consulting Services. Robert Lewis was formerly with the leading international law firm of Fried, Frank, Harris, Shriver & Jacobson, and ABC News. He received a J.D. cum laude from Brooklyn Law School and an A.B. from Brown University. "Rob will be instrumental in refining Rare Medium's process across all areas of business affairs to better serve our clients and employees as we scale up our business," said Glenn S. Meyers, President and CEO of ICC Technologies and Rare Medium. Joshua Glantz was a founder of XCom, a leading Internet Solutions Consultant, which he helped grow from startup to 45 employees and in excess of $3 million in revenue. XCom was acquired by USWeb in June 1997, where Josh became partner, leading USWeb's Financial Services Practice in New York. Clients included Charles Schwab, Donaldson Lufkin & Jenrette and Deutsche Bank. He is a graduate of Princeton University. "Josh's background as a successful entrepreneur and a leading executive in Internet Professional Services, focusing on strategy and consulting to the financial services segment, gives Rare Medium a competitive advantage in this market," added Mr. Meyers. "We are proud to have both of these highly valued professionals join the Rare Medium management team. It is a testament to our continued effort to serve our clients and continue to strengthen our management team." 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." 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 which may affect ICC Technologies, 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's limited operating history; competition; low barrier to entry; reliance on strategic relationships; rapid technological changes and those risks discussed in the Company's filings with the SEC. Visit the Company's Web Site at raremedium.com SOURCE ICC Technologies, Inc. -0- 05/19/98 /CONTACT: Glenn S. Meyers, President and CEO of ICC Technologies, Inc., 212-634-6950/ /Web site: raremedium.com ---------------- Musya