Carnegie Cooke Retains General and Special Securities Counsel.Business Editors LAS VEGAS--(BUSINESS WIRE)--June 7, 2004 Carnegie Cooke and Co., Inc. (PK: CGKY) has retained Joel Pensley as General Counsel and Robert Sonfield as Special Securities Counsel. Retaining counsel is a significant step in Carnegie Cooke's strategy of integrating the activities of its parent and subsidiary companies on a worldwide basis and of becoming a reporting company under the regulations of the Securities and Exchange Commission. The duties of the general and special counsel include: providing legal guidance and oversight for Carnegie Cooke's American, Brazilian and other international activities; negotiating, drafting and reviewing business and technology transactions; advising on securities compliance issues; and preparation of registration statements, and related documents to be filed with the Securities and Exchange Commission. Carnegie Cooke is currently considering candidates for the position of independent Chief Financial Officer. Presently, Mark Goldberg Mark Goldberg is the current manager of Bromley, an English association football club currently playing in the Isthmian League Premier Division. Goldberg originally made his fortune in the recruitment industry, becoming a millionaire. serves both as Chief Operations and Chief Financial Officer. About Carnegie Cooke: Carnegie Cooke is the leading media and distribution company in the Brazilian turf industry. The Brazilian Department of Agriculture reports that in 2000 turf/gaming industry revenues were in excess of US$377 million, in local racing events, using un-mechanized facilities. Carnegie Cooke's Brazilian subsidiary has been granted the exclusive rights by the Brazilian Association of Jockey Clubs and the endorsement of the Brazilian Government to mechanize mech·a·nize tr.v. mech·a·nized, mech·a·niz·ing, mech·a·niz·es 1. To equip with machinery: mechanize a factory. 2. Jockey Club facilities and to implement international simulcast racing throughout Brazil. About NetBooth: NetBooth Corporation, a subsidiary of Carnegie Cooke, is a 10-year-old Las Vegas-based technology company that designs, develops, deploys and maintains best-in-class technology, content and distribution systems to the media and entertainment, sports, gaming, leisure and lodging industries. NetBooth is a full-service integrator (1) In electronics, a device that combines an input with a variable, such as time, and provides an analog output; for example, a watt-hour meter. (2) See systems integrator. of content, distribution and technology in the delivery and transmission of entertainment, information, communication and transaction services to these constituencies. It has developed many proprietary systems which enable self service, public access and amusement devices to work with networks and users. Its systems - and kiosks incorporating them - are deployed in many Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. casinos including Circus Circus Circus Circus is used as the name for two casinos:
See: New York Stock Exchange ) invested $2.8 million for an early equity position in NetBooth. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement: Except for historical information, the matters set forth herein, which are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , involve certain risks and uncertainties that could cause actual results to differ. Potential risks and uncertainties include, but are not limited to, perceived or actual benefits from Carnegie Cooke's planned operations, the market acceptance and level of sales derived from its operations, the competitive environment within the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , European, Brazilian and South American gaming industry, and the successful technical and economic implementation of its operations. |
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