Diversified Investors names Lowell M. Dicke to new post of executive vice president.NEW YORK--(BUSINESS WIRE)--Jan. 10, 1995--Diversified Investors Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on Bulletin Board: DVIN DVIN Dobermann Vrienden In Nederland (Dutch: Dobermann Friends in the Netherlands) DVIN Digital Video Input ) has appointed Lowell M. Dicke, international lawyer and financier, to the newly created position of executive vice president. Dicke, who holds degrees in economics and law from Yale University, began his career serving as staff legal counsel for Litton Industries in Beverly Hills after an initial tour of duty with the U.S. State Department. Establishing and heading project finance operations for the Fluor Corp. in Los Angeles, Dicke then continued his career as head of project finance at the Bechtel Corp. in San Francisco. Dicke then entered the venture capital field as a partner in Montgomery Securities and as an investor and officer in several West Coast energy and high-tech businesses. He serves on the boards of directors of Jenner Technologies and Econotech. "The skills and experience of Lowell Dicke as an international negotiator and financier with such leading multinationals as Fluor and Bechtel will be invaluable assets to Diversified Investors," stated Philip S. Budin, company chairman. Last month Diversified Investors announced a joint venture with a Mexican-led investment group to develop electronic funds transfer See EFT. (application, communications) electronic funds transfer - (EFT, EFTS, - system) Transfer of money initiated through electronic terminal, automated teller machine, computer, telephone, or magnetic tape. (EFT) systems in Mexico and Latin America. Diversified Investors Corp., through its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. Transaction Network Plus Inc. (TNPI TNPI The Network People, Inc. ), has been a processor of debit and credit card transactions since 1990. TNPI has developed point-of-sale software for Dassault Electronique Inc. TNPI also provides electronic switching and transaction processing for leading U.S. banks and works with Visa, MasterCard, Maestro and NYCE See New York Cotton Exchange. NYCE See New York Cotton Exchange (NYCE). . CONTACT: Diversified Investors Corp., New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
Philip S. Budin, 212/509-5000
or
The Cavior Organization, Inc., New York
Samuel S. Cavior, 212/687-6070
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