J Net Enterprises, Inc. Changes Name to Epoch Holding Corporation and Announces New Stock Trading Symbol.NEW YORK -- Pursuant to actions authorized by the stockholders at the Annual Meeting of Stockholders on November 18, 2004, J Net Enterprises, Inc. completed its reincorporation from Nevada to Delaware on December 3, 2004. Concurrent with the reincorporation, the Company's name was changed to Epoch Holding Corporation (the "Company") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :EPHC EPHC Environment Protection and Heritage Council EPHC Eastern Pacific Hurricane Center EPHC Eliminating Pseudo-Handoff Calls (handoff scheme) EPHC Edgewood Pentecostal Holiness Church (Columbia, SC) ). On December 9, 2004, the stock trading symbol on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. was changed from JNEI to EPHC to reflect the name change. About the Company: The Company conducts its operations through Epoch Investment Partners, Inc. ("Epoch") a wholly-owned subsidiary and a registered investment advisor Registered Investment Advisor (RIA) is a designation obtainable in the United States by an individual who has registered with the U.S. Securities and Exchange Commission or state regulatory agency (where the primary business is situated or multiple States in some cases) in under the Investment Advisers Act of 1940. Investment management and investment advisory services are the Company's sole line of business. Epoch was recently formed and co-founded by Mr. William W. Priest and merged with the Company in June 2004. Mr. Priest has over 35 years of experience in the investment advisory business and most recently served as co-managing partner of Steinberg, Priest & Sloane Capital Management, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ("SPSCM"), and prior to that, as 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 Credit Suisse Asset Management ("CSAM CSAM Credit Suisse Asset Management CSAM College of Science and Mathematics CSAM California Society of Addiction Medicine (San Francisco, California) CSAM Certified Senior Account Manager ") Americas and as CEO of its predecessor firm BEA Associates, which he co-founded in 1972. During his tenure at BEA Associates and CSAM Americas, Mr. Priest developed the firm into a well-recognized investment manager with over $100 billion in 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. . In addition to Mr. Priest, Epoch's co-founders are Timothy Taussig, former Managing Director and Member of the Global Executive Committee for CSAM and Co-Head of Global Marketing for CSAM worldwide; J. Philip Clark, former Managing Director of Sanford C. Bernstein & Co.'s private client and institutional asset management businesses; David Pearl, Managing Director and Senior Portfolio Manager at SPSCM; and Berenson Epoch LLC, an affiliate of the New York investment banking firm Berenson & Company. Timothy Taussig, J. Philip Clark and David Pearl are part of Epoch's core management and investment teams. Safe Harbor Statement: This press release may contain forward-looking statements that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in such forward-looking statements. Additional discussion of factors that could cause actual results to differ materially from management's projections, estimates and expectations is contained in the Company's SEC filings. The Company undertakes no duty to update its forward-looking statements, including its earnings outlook. |
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