Airbomb.com Appoints David Grossman as Chief Financial Officer.Business Editors VANCOUVER, BC--(BUSINESS WIRE)--March 7, 2000 Airbomb.com (the "Company") (CDNX CDNX See Canadian Venture Exchange (CDNX). : AIR; OTCBB OTCBB See OTC Bulletin Board (OTCBB). : ABOMF) is pleased to announce the appointment of Mr. David Grossman
Prior to his tenure at TEC Mr. Grossman served as Chief Financial Officer of Connext, Inc. a high technology and software application company serving the Utility Industry. Mr. Grossman has also served as a Director of Cascadia Merchant Group as well as Chief Financial Officer of the Seattle Chocolate Company, a manufacturer of confectionery products for national retailers. For several years prior to Cascadia, Mr. Grossman was a Partner of BDO Seidman, the seventh largest accounting and consulting firm in the world where he provided M&A services. Prior to BDO Seidman, Mr. Grossman was a Vice President at Broadmark Capital of Seattle, Washington. Mr. Grossman was also a Principal in Ernst & Young's Merger and Acquisition Group in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . Prior to Ernst & Young, Mr. Grossman was a Vice President of Solomon Group Ltd., a national venture capital firm headquartered in New Jersey. He was also a principal in Grossman, Weinberg & Lawson, a CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. firm in New Jersey and Florida. Mr. Grossman started his career in 1977 with Coopers & Lybrand in Miami and served as a Senior Manager in Stamford, Connecticut. He holds a B.A. degree in Business and Accounting from the University of Florida University of Florida is the third-largest university in the United States, with 50,912 students (as of Fall 2006) and has the eighth-largest budget (nearly $1.9 billion per year). UF is home to 16 colleges and more than 150 research centers and institutes. and received his CPA certification in 1978. For several years he was Chairman and a Director of the MIT MIT - Massachusetts Institute of Technology Enterprise Forum in Seattle and has been published in several business journals. Mr. Grossman, based in Seattle, will work closely with Airbomb board member, Mr. Ron Erickson, former 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 Egghead Software, to help pursue the Company's growth potential. About Airbomb.com. Airbomb.com is an Internet retailer of sporting goods, primarily bicycles and related components and accessories. The Company markets products acquired from a variety of suppliers at discount prices. Airbomb.com also distributes its own "Airbomb" line of products, which are products acquired at a significant discount from established manufacturers and labeled with the company's "Airbomb" private label. The Company is also gaining market acceptance with co-branded products, and has commenced internet sales of sunglasses through its new related web store at "Sunbomb.com". The retail market in the United States for bicycles and related parts and accessories is approximately US $5.4 billion, and globally is US $25 billion. The retail market size for sunglasses is approximately $1.5 billion. On behalf of the Board (Signed) "David Houston" David Houston President The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) has not approved or disapproved of this news release. |
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