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CODA Acquisition Group Obtains Majority of CODA Stores: James 'Jimmy Jazz' Khezrie to Head Up New Venture.


NEW YORK--(BUSINESS WIRE)--Aug. 3, 1999--

The CODA (1) A distributed file system developed at Carnegie Mellon University in the late 1980s. Evolving from the Andrews File System, Coda is noted for its ability to withstand network failures. See AFS.

(2) A software company based in the U.K.
 Acquisition Group announced today that it has acquired the national chain of CODA, JW/Jeans West and J Riggings stores from Edison Edison, township (1990 pop. 88,680), Middlesex co., NE N.J., inc. 1870 as Raritan Township, renamed 1954. Edison's varied manufactures include light trucks, chemicals, metal products, electrical and electronic equipment, machinery, and instruments.  Brothers, Inc. to be developed into a chain of stores under the CODA umbrella. The stores will feature high-profile brands catering to the contemporary (urban) fashion market.

James James, person in the Bible
James, in the Gospel of St. Luke, kinsman of St. Jude. The original does not specify the relationship.
James, rivers, United States
James.
 Khezrie, owner and operator of Jimmy Jazz stores, a successful tri-state Tri-State may refer to:
  • Tri-State Region, the region around New York City
  • Tri-state area, an area where three states meet at one point
  • Tri-state logic (electronic logic gate type)
  • Tri-State University, an university in Angola, Indiana.
 retail chain, will head the new venture along with Stuart Feldman Stuart Feldman received an A.B. in Astrophysical Sciences from Princeton University and a Ph.D in Applied Mathematics from the Massachusetts Institute of Technology. He is best known as the creator of the computer software program make for UNIX systems. , principal of Chelsea Capital, and a management team consisting of key individuals from the original CODA Company. Willam B. Wachtel, of the law firm Wachtel & Masyr, assisted in the transaction.

"I see this as a great opportunity to expand upon our Jimmy Jazz concept nationally, sharing with CODA the principles that have guided our success to date," said Mr. Khezrie. "We will continue to assume that the customer is as smart as we are, offer the best selection and availability of the hottest styles, and make sure that the presentation is top-notch."

The chain will consist of 155 stores and information regarding the rollout will be announced shortly. No financial terms were discussed.
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Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 3, 1999
Words:194
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