BARINGTON CAPITAL NAMES THREE SCIENTISTS TO NEWLY-FORMED TECHNOLOGY ADVISORY BOARD.Group, L.P., an investment banking firm specializing in financing emerging growth companies, today announced the appointment of three experts to a newly formed Technology Advisory Board to increase the firm's capability in financing technology companies. The board members include Dr. Edward E. David, Jr., a former Science Advisor to the President of the United States The head of the Executive Branch, one of the three branches of the federal government. The U.S. Constitution sets relatively strict requirements about who may serve as president and for how long. ; Dr. George Bugliarello, Chancellor of Polytechnic University
The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of NYNEX NYNEX New York-New England & X for the Unknown (Telephone Company) NYNEX New York Network Exchange Mobile and a telecommunications expert. "We anticipate that the Board will be a hands-on entity, and provide a major assist to technologically oriented companies coming to Barington Capital for financing," said James A. Mitarotonda, the firm's chairman and chief executive officer. "Being able to tap the unique capabilities and years of experience of these individuals helps make Barington Capital a major factor in providing growth capital to the technology sector." Mr. Mitarotonda noted the immense demand for capital by technology companies, and also the rapid changes taking place across a broad spectrum of scientific endeavors. "The members of Barington Capital's Technology Advisory Board have an unusual depth of expertise that both our bankers and client companies will be able to tap and put to good use for investors. We are honored that these individuals have agreed to work with us." Dr. David, president of EED EED Evangelischer Entwicklungsdienst EED Electro(nic) Explosive Device EED Economic Evaluation Database EED Electro-Explosive Devices EED Environmental Engineering Division , Inc., an advisory firm on technology, research and innovation management, was Science Advisor to President Richard Nixon from 1970 to 1973. He also served as President of Exxon Research and Engineering Company, and Executive Director of Bell Telephone Laboratories. U.S. Representative to the NATO NATO: see North Atlantic Treaty Organization. NATO in full North Atlantic Treaty Organization International military alliance created to defend western Europe against a possible Soviet invasion. Science Committee, Dr. David holds a Ph.D. in electrical engineering from The Massachusetts Institute of Technology Massachusetts Institute of Technology, at Cambridge; coeducational; chartered 1861, opened 1865 in Boston, moved 1916. It has long been recognized as an outstanding technological institute and its Sloan School of Management has notable programs in business, and has 13 honorary degrees from as many universities. Among his many awards: he has been inducted into the Georgia Institute of Technology Georgia Institute of Technology, in Atlanta, Ga.; coeducational; state supported; chartered 1885, opened 1888. It is a member school in the university system of Georgia. Significant among its facilities and programs are the Frank H. Hall of Fame and was the recipient of the Arthur M. Bueche Award from the National Academy of Engineering. Dr. David's field of expertise includes computing, telecommunications, information technology, energy systems and materials. He is also a frequent advisor for technology management. Dr. Bugliarello is an engineer and educator with a broad background ranging from computer languages to biomedical engineering Biomedical engineering An interdisciplinary field in which the principles, laws, and techniques of engineering, physics, chemistry, and other physical sciences are applied to facilitate progress in medicine, biology, and other life sciences. and telecommunications. He was President of Polytechnic University from 1973 to 1994, and holds a Doctor of Science (Sc.D.) degree in engineering from The Massachusetts Institute of Technology as well as honorary degrees from Carnegie-Mellon University, among several other universities. He has been chairman of the board of Science and Technology for International Development of the National Academy of Sciences and is a past chairman of the National Science Foundation's Advisory Committee for Science and Engineering Education. Dr. Bugliarello has broad international experience as a consultant, and currently is the U.S. member of a Steering Group of the Scientific Affairs Division of NATO. During 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. Mayor Koch's administration, he was chairman of the Mayor's Commission on Science and Technology. He currently serves on the boards of several corporations and foundations. Dr. McGarty, who received his Ph.D. in electrical engineering and computer science from M.I.T., has been a member of the faculty at the school, as well as holding executive positions with the Communications Satellite Corp., Warner Communications and NYNEX. He has been involved in the formation and/or turnarounds of approximately 12 corporations, including Telmarc Telecommunications, which he also served as chief executive officer. He is the author of four books and over 75 papers in such areas as telecommunications policy, medical economics, information systems, CATV (Community Antenna TV) The original name for cable TV. It used a single antenna at the highest location in the community in order to deliver a quality signal to homes in areas with hilly terrain or other interference. and computer systems. Headquartered in New York City, Barington Capital is an investment banking firm providing capital and other financial services to emerging growth companies. CONTACT: Anreder and Company Steven S. Anreder 212-421-4020 |
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