Corporate Profile for MSHOW.com, dated July 14, 2000.Business Editors --(BUSINESS WIRE) The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services.
Published Date: July 14, 2000
Company Name: MSHOW.com
Address: 1745 Shea Center Drive, Ste. 200
Highlands Ranch CO 80126
Main Telephone
Number: 303/730-4900
Internet Home
Page Address
(URL) www.mshow.com
Chief Executive
Officer: Bob Ogdon
Chief Financial
Officer: Roger Moody
Investor Relations
Contact: Roger Moody
Business number: 303/730-4900
E-mail address: rogdon@mshow.com
Public Relations
Contact: Teri Flotron
Business number: 805/230-8289
E-mail address: tflotron@msltech.com
Industry: Web conferencing, streaming media, interactive
Company description: DENVER--March 2, 2000--MSHOW.com, the leading eCommunications service provider and the only company to converge con·verge v. con·verged, con·verg·ing, con·verg·es v.intr. 1. a. To tend toward or approach an intersecting point: lines that converge. b. web conferencing A videoconferencing session via the Internet. In order to interact with other participants, attendees use either a Web application or an application downloaded into their client machines. , streaming and interactive broadcast services, today announced receipt of a $26 million investment, led by the KnowledgeNet Holdings subsidiary of Knowledge Universe (KU), and by Enron Enron A U.S. energy-trading and utilities company that housed one of the biggest accounting frauds in history. Enron's executives employed accounting practices that falsely inflated the company's revenues, which, at the height of the scandal, made the firm become the seventh Communications and Sepulveda Sepúlveda is a name of families of Spanish descent. The Sepúlveda family was prominent in the early days of Los Angeles, California and Orange County, and many features of the area are named for those families. Capital. The round also included investments from Blue Chip Venture Company, Citizens Capital and Sequel Venture Partners. "MSHOW.com's ability to attract a world-class world-class adj. 1. Ranking among the foremost in the world; of an international standard of excellence; of the highest order: a world-class figure skater. 2. group of investors further validates our position as a market leader in this burgeoning new industry. These investments extend well beyond monetary commitments. Each company brings a strong expertise unique to its industry, whether it's Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the commerce, communications services or strategic investment practices," said Bob Ogdon, chairman and 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 MSHOW.com. "We are pleased that our investors strongly support our vision to revolutionize rev·o·lu·tion·ize tr.v. rev·o·lu·tion·ized, rev·o·lu·tion·iz·ing, rev·o·lu·tion·iz·es 1. To bring about a radical change in: Television has revolutionized news coverage. 2. human interaction and knowledge sharing. We believe these investors will play an important role in extending our lead in the web communications market." MSHOW.com plans to use the current investment to accelerate marketing, sales and product development efforts, as well as to maximize international expansion opportunities. The Knowledge Universe investment in MSHOW.com is consistent with KU's mission of helping individuals and organizations to realize their full potential. The combination of MSHOW.com technologies and the other companies in the Knowledge Universe Internet Business Group creates a powerful force in the worlds of interactive broadcasting services and knowledge sharing worldwide. "Our investment in MSHOW.com is a great continuation of our investment strategy within the world of broadband services See broadband and broadband service provider. ," said Kenny Slutsky, managing director of Sepulveda Capital. "This market is expanding rapidly and we are confident that MSHOW.com will continue to make strides as the interactive broadband services leader." |
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