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[1] DME Interactive Appoints New President, Chief Financial Officer and Vice President of Content Groups.


Business Editors

NEW YORK--(BUSINESS WIRE)--April 13, 2000

  Mark J. Herlitz-Ferguson, Formerly Managing Partner And Founder Of
               MBIIIC Capital LLC, Tapped As President

   Carlton Charles, Former Vice President And Assistant Treasurer
                        At Seagram's, Named CFO

      Tracy E. Tramel, Former Content Producer And Manager Of
              Marketing And Promotions For MSBET, Made
                  Vice President Of Content Groups


Darien Dash, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of DME (Distributed Management Environment) A network monitoring and control protocol defined by the Open Software Foundation (now The Open Group). DME was not widely used.

DME - Distributed Management Environment
 Interactive Holdings, Inc., (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB: DGMF), the first publicly traded African-American-owned Internet company, announced today the hiring of Mark J. Herlitz-Ferguson, formerly managing partner at MBIIIC Capital LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, as President. In his new post, Mr. Herlitz-Ferguson will oversee all day-to-day operations for DME Interactive. Concurrently, Carlton Charles, formerly Vice President and Assistant Treasurer of Joseph E. Seagram Joseph Emm Seagram (April 15, 1841 - August 18, 1919) was a Canadian distillery founder, politician, philanthropist, and major owner of thoroughbred racehorses.

Born at Fisher's Mills, now part of Cambridge, Ontario, his parents died when he was in his teens and for several
 & Sons, was named Chief Financial Officer. Mr. Charles will supervise all financial activities of the company. In addition, Tracy E. Tramel, formerly the producer and manager of marketing and promotions for MSBET MSBET Microsoft, Black Entertainment Television , was hired as vice president of content groups for the Places of Color online service. Ms. Tramel, will direct all of the content and manage affiliate relationships for the Places of Color network. Mr. Dash, founder of DME, will continue in his role as Chief Executive Officer.

Mark J. Herlitz-Ferguson was the founder, and until recently, managing partner at the New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 financial advisory firm, MBIIC Capital LLC, servicing Internet companies. Prior to that, Mr. Herltiz-Ferguson was responsible for the synthetic structured note business division of the Corporate Finance Group of BT Alex. Brown, Incorporated. Mr. Herlitz-Ferguson's risk management and general corporate finance expertise was often used to develop structured solutions for complex corporate strategic problems through the use of derivative products. Mark J. Herlitz-Ferguson received a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science
BS, SB

bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies
 degree in both Finance and International Business from the Stern School of Business at New York University New York University, mainly in New York City; coeducational; chartered 1831, opened 1832 as the Univ. of the City of New York, renamed 1896. It comprises 13 schools and colleges, maintaining 4 main centers (including the Medical Center) in the city, as well as the .

Carlton Charles was most recently a financial consultant to early stage Internet companies. Prior to that Mr. Charles was the Assistant Treasurer and Vice President at Joseph E. Seagram & Sons. The Treasury function for Seagram's operations outside the US and Canada encompasses over $6 Billion in revenues and a presence in 44 Countries. Mr. Charles was one of the lead finance executives in the $10.8 billion deal that merged PolyGram into Seagram. Mr. Charles has also served as Vice President, International at Viacom and held positions in the Treasury Department of Philip Morris. Carlton has an MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 in Finance from the University of Chicago Graduate School of Business Recruiters also voice a strongly positive opinion of students. According to BusinessWeek's biannual MBA rankings: "Chicago's grads were hands-down favorites in our survey of companies that hire MBAs. .

Tracy E. Tramel was previously the Content Producer and Manager for Marketing and promotions at MSBET, generating close to one million unique visitors per month. Prior to that, Ms. Tramel was the publicist for television and radio personality Donnie Simpson and served as the membership director for the Conference of Minority Transportation Officials. Ms. Tramel also held the position of technical information specialist for the Intelligent Transportation Society of America as well as project manager for the 1996 World Congress on Information Technology Systems. Tracy E. Tramel earned a Bachelor of Arts degree from Howard University.

"We are pleased to have three seasoned executives join DME," said Dash. "Mark's exceptional business acumen, Carlton's financial expertise and Tracy's creative genius will ensure our continued growth and success as we forge ahead to bridge the digital divide."

About DME Interactive Holdings, Inc.

Founded in August 1994, DME Interactive Holdings, Inc. (OTC BB: DGMF) is the parent company of Digital Mafia Entertainment and the Places of Color online service, a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
, powered by America Online Inc.'s CompuServe 2000. DME is a full-service interactive agency that specializes in advanced technology solutions through the creation of digital products and services including Internet and website development, maintenance, turnkey e-commerce solutions, on-line advertising and software creation. DME Interactive Holdings, Inc. is the first African-American-owned Internet company to be publicly traded. More information on DME Interactive is available on the Internet at www.dmeinteractive.com.
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Publication:Business Wire
Date:Apr 13, 2000
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