Desert Winds Entertainment Announces New President & CEO.Business Editors PHOENIX--(BUSINESS WIRE)--March 16, 2000 Desert Winds Entertainment Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :DESW), announced today that it has hired a new President and Chief Executive Officer, which, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. company founder and former president, Michael Paloma, will "take Desert Winds to the next level." Peter H. Jacobs, former president of a publicly traded telecommunications company See telecom company. for more than a decade, has taken the helm at Desert Winds Entertainment. Jacobs brings to the growing multi-media content provider more than 25 years of top-level executive management experience in telecommunications technology and product marketing; and eleven of those years serving as president of a publicly owned Publicly owned can refer to:
(2) (IXC Communications Inc., Austin, TX, www. ). "We expect Mr. Jacobs to contribute positive vision and continuity to our organization, and prepare it for our next stage of growth as a public company," stated Michael Paloma. "Peter Jacobs Peter Jacobs (born February 27 1973) is a professional lacrosse player. Jacobs graduated from Johns Hopkins University in Baltimore, MD in 1995. In his senior year, he was team captain of the Blue Jays was named first-team All-American in 1995 and lead his team to the Final Four. has successfully transitioned companies from the private sector to the public marketplace, and his hiring is intended to facilitate that same transition within Desert Winds." Among Jacobs' past achievements is his pioneering of the telephone calling card concept in America, including its successful marketing and rollout. In addition, with 8 years of hands-on Internet technology and Internet marketing experience, Jacobs has provided valued consulting expertise to Internet commerce start-ups through an independent consulting firm for which he served as principal. In Jacob's first decisive action as new president, he has hired Fred A. Kiser as the Company's Vice President of Live Entertainment. Kiser, a native of Las Vegas, brings over 25 years of combined casino marketing experience to Desert Winds. He will be responsible for placing live entertainment into venues throughout the burgeoning casino industry. Stated Michael Paloma, "Kiser's rich relationships within the casino/entertainment industry will allow Desert Winds to more easily place its live entertainment shows on a national basis. He is a proven producer, with an impeccable reputation in the industry, and is a strong appointment. I welcome him aboard!" Desert Winds Entertainment is a Phoenix-based multi-media content provider that produces live and pre-recorded content to audiences across all available mediums including the Internet. Desert Winds Entertainment's corporate Web site is: http://desertwinds-ent.com/. 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 under 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 statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. |
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