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Corpas Investments Announces Edward Z. Estrin as its New Chief Financial Officer.


Business Editors

SANTA MONICA, Calif.--(BUSINESS WIRE)--May 23, 2000

Corpas Investments Inc., (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB: CPIM), announced today that it has retained Edward Z. Estrin to replace Larry Kuhnert as CFO See Chief Financial Officer.  and a financial board member of Corpas as of April 15, 2000, as previously approved by board action during the first fiscal quarter of 2000.

"Ed has a five year history of working with me and my companies. We all feel very privileged to have his experience working for us," said Ross Love, Chairman of Corpas Investments. Sam Estrin, the current Chief Technology Officer of Corpas is Ed's son and was the co-creator and co-founder of MotherNature.com (MTHR) with Mr. Love.

Also joining the finance department with Mr. Estrin during the first fiscal quarter of 2000 is Carl Allison as Vice President of Finance. Carl most recently worked for Molly Miles, Corpas Investments' new 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.  as her Controller for Miss Universe L.P., where he was responsible for corporate budget creation and management.

Ms. Miles noted that, "Carl's financial acumen was very instrumental in our efforts to redefine The Miss Universe Organization The Miss Universe Organization is the organization that currently owns and runs the Miss Universe, Miss USA and Miss Teen USA beauty contests. Based in New York, it is owned jointly by NBC Universal and Donald Trump. The current president is Paula Shugart. . He will be a tremendous asset as we build our international transmedia company."

About Edward Z. Estrin:

Edward Z. Estrin has been 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.  for 25 years. In 1983, he started and managed his own CPA firm, Estrin, Griffiths and Assoc., CPAs. In 1997, he sold his firm and became Vice President/CFO of Private Asset Management, Inc., an asset management firm with assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing.  of over one billion. Additionally, Ed has served many functions for the Society of California Accountants (SCA) including, from 1991 to 1994, State Secretary/CFO, State Vice President, State President Elect and State President. Ed is still an active member of the SCA, a Diplomat of the American Board of Forensic Accounting, and a member of the Academy of Magical Arts The Academy of Magical Arts is an organization devoted to the promotion and development of the art of magic.

It was created by William Larsen, Sr. in 1952, and promoted by his two sons Milt Larsen and Bill Larsen into an international organization whose headquarters is the
. Ed has a Bachelors of Science in Business Administration, graduating with honors from Woodbury University, Los Angeles, Ca.

About Carl Allison:

Carl Allison is an experienced financial executive with a proven record of accomplishment in start-up accounting, project management, budgeting, financial and operational reporting and development of financial analyses that enhance strategic decision-making. As the Controller for Miss Universe L.P., Carl was also responsible for corporate budget creation and management, as well as oversight of multi-million dollar productions budgets for three CBS prime time specials: Miss Universe, Miss USA and Miss Teen USA Miss Teen USA is a beauty pageant run by the Miss Universe Organization for girls aged 15-19. The reigning titleholder is Hilary Cruz of Colorado.

The pageant was first held in 1983 and has been broadcast live on a succession of channels, most recently on NBC from 2003-2007.
. He acted as a consultant to a start-up Internet insurance broker to create e-commerce backend payment process and internal reports on website, as well as forecasting models.

Corpas Investments, Inc. (CPIM.ob) is a leading niche programming and worldwide transmedia distribution company. Current content holdings include, but are not limited to, Extreme Sports, Continuing Medical Education continuing medical education See CME.  (CME CME

See: Chicago Mercantile Exchange


CME

See Chicago Mercantile Exchange (CME).
) and Paranormal Phenomenon. Corpas Investments is also a leading worldwide distributor of niche programming with content distribution contracts for Internet, TV, satellite and retail rack distribution. Corpas Investments is also a leader in live Extreme Sporting Events, owning the Planet Extreme Championships and The Planet Extreme Film Festival, the first 20-college tour of extreme sports films.

www.planetextreme.com

www.ufotv.com

www.antiagingphysician.com

Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results could differ materially from expected results.
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Publication:Business Wire
Date:May 23, 2000
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