To: Tensane 1 who wrote (221 ) 6/5/1998 1:11:00 PM From: Jeffrey L. Henken Read Replies (1) | Respond to of 1020
Columbia Capital Names Two Independent Directorsbiz.yahoo.com FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--June 5, 1998--Columbia Capital Corp. (OTC BB:CLCK - news; Nasdaq:CLCK-BB) announced today that it had appointed two independent directors to its Board of Directors. These appointments will increase the size of the Board from five to seven members. The new directors are Donald L. Thone and Robert M. Feldman. According to Ken Klotz, President of Columbia Capital, with the recent rapid expansion of the company, together with its planned future growth, the Board felt it was necessary to bring in independent directors with expertise in areas that would assist with the Company's expansion plans. Mr. Thone is Chairman and CEO of Synegro Technologies, Inc. Nasdaq:SYGR - news). Mr. Thone is also on the Board of Accurate Communications. Mr. Thone brings with him a wealth of experience in operating public companies. Mr. Feldman is Chairman and CEO of Health and Leisure, Inc., a public company since 1993. Mr. Feldman is also a registered pharmacist and brings expertise in the health care industry. According to Mr. Klotz, the Company has recently entered the field of providing processing services for the health care industry. He said, ''I believe that Mr. Feldman's experience in the health care field will help us to develop significant additional business, in the near future.'' Columbia Capital Corp. operates through its wholly-owned subsidiary, First Independent Computers, Inc., which is a multi-faceted information and transaction processing service organization. The services provided by the Company include credit and debit card processing, transaction processing for the health care industry, bank and financial services processing and document management and distribution services. The Company concentrates on a niche market, consisting of small to medium-sized financial institutions, and health care providers that have not achieved the economies of scale to operate their own in-house programs and systems. Forward-looking statements in this press release are necessarily subject to risks and uncertainties, which may affect the accuracy of such statements. Such risks may include any delays in the addition of business or loss of existing customers. For a full discussion of such risks, please refer to the Company's Form 10-KSB for the fiscal year ended December 31, 1997 and subsequent filings. The company undertakes no obligation to update such factors or to publicly announce the results of any revisions to the forward-looking statements contained herein. Contact: Columbia Capital Corp. Charles LaMontagne, 915/674-3110 I liked the emphasis on future growth in this press release. Have a great weekend everyone! Regards, Jeff