BroadPoint Names New Chief Executive Officer.Business Editors LANDOVER, Md.--(BUSINESS WIRE)--April 13, 2000 BroadPoint, a leader in interactive media and e-marketing and pioneer of sponsored communications, today announced the appointment of Dennis W. Elliott as its new Chief Executive Officer. In his new position, Mr. Elliott will manage, oversee and fuel BroadPoint's continued expansion of its innovative voice-based services, as the company prepares for an anticipated public offering later this year. "We are very pleased to have Dennis lead BroadPoint at this very important juncture junc·ture n. The point, line, or surface of union of two parts. of the company's growth. He certainly brings to BroadPoint tremendous experience in our industry, which will be essential to our growth," said Raed Khusheim, BroadPoint's Chairman. BroadPoint sparked a revolution in new voice-based interactive services with the national launch of its FreeWay (SM) service in January, 1999. FreeWay allows members to earn rewards, currently in the form of free long distance calling, in exchange for listening to and interacting with targeted advertisements delivered by phone. Soon the company plans to expand the scope of the service to include phone-based access to the Internet and its associated online information and e-commerce services. Currently BroadPoint has more than 500,000 subscribers and over 100 advertisers using its service. Mr. Elliott brings to BroadPoint over 30 years of executive experience in leading edge telecommunications and Internet businesses. Most recently, he was President of Elliott Communications, a strategic technology/marketing consulting company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee consulting firm business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a . In that capacity, he advised large and small companies regarding strategy, development and funding of ventures in telecommunications, Internet and digital television. Previously, Mr. Elliott was corporate Executive Vice President of Pacific Telecom Inc. and President & 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 several of its newer competitive telecommunications subsidiaries. He was also a key executive in the start-up and profitable growth of RCA See RCA connector and video/TV history. Americom (now GE Americom), which, with many of the early cable television programmers This is a list of programmers notable for their contributions to software, either as original author or architect, or for later additions. See also: Game programmer, List of computer scientists , developed satellite distribution of cable television programming. Mr. Elliott has a B.S. degree from the University of Iowa Not to be confused with Iowa State University. The first faculty offered instruction at the University in March 1855 to students in the Old Mechanics Building, situated where Seashore Hall is now. In September 1855, the student body numbered 124, of which, 41 were women. and a M.S. degree from Stanford University Stanford University, at Stanford, Calif.; coeducational; chartered 1885, opened 1891 as Leland Stanford Junior Univ. (still the legal name). The original campus was designed by Frederick Law Olmsted. David Starr Jordan was its first president. , both in electrical engineering electrical engineering: see engineering. electrical engineering Branch of engineering concerned with the practical applications of electricity in all its forms, including those of electronics. , and an M.B.A. from Harvard University Harvard University, mainly at Cambridge, Mass., including Harvard College, the oldest American college. Harvard College Harvard College, originally for men, was founded in 1636 with a grant from the General Court of the Massachusetts Bay Colony. . "As we push the boundaries of web commerce well beyond the desktop and to wired and wireless phones, our members stand to gain from a convenient and rich variety of products and services that our advertisers offer. We are delighted to be working with Dennis to take BroadPoint's vision to the next level," says Thomas Hurkmans, a member of BroadPoint's Board and President of Duquesne Enterprises, an investor in BroadPoint. Dr. Akram Yosri, a BroadPoint founder and Board Member, said, "I'm excited about Dennis's appointment. We now have in place a management team that is capable of accelerating BroadPoint's growth. We intend to become a world leader in e-marketing and interactive media and this team will definitely help us get there." About BroadPoint: BroadPoint is an interactive media company specializing in providing highly targeted permission-based advertisement and e-marketing services to advertisers through the telephone, the Internet and wireless. The company develops and commercializes innovative services for consumers and advertisers to create distinctive integrated media, interactive on-line and e-commerce services through its web site, www.broadpoint.com. About Duquesne Enterprises: DQE DQE Detective Quantum Efficiency DQE Duquesne Light Company DQE Detector Quantum Efficiency DQE Differential Quantum Efficiency DQE Design, Quality, Environment DQE DESEX Query Engine DQE Decontamination Quick & Easy (DQE, Inc.) Enterprises, a subsidiary of DQE, Inc. (NYSE NYSE See: New York Stock Exchange :DQE), acquires, develops and invests in companies involved in electronic commerce, energy services and communications. DQE Enterprises' companies are developed as independent, stand-alone businesses pursuing defined market opportunities, each with its own management team. DQE Enterprises develops these businesses in an environment which is enriched and supportive, in which synergies and linkages with DQE affiliates are offered as options to improve business results. |
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