Juniper Partners Announces $6.5 Million Class B Common Stock Purchase by Firestone Affiliates.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 -- Juniper Partners Acquisition Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : JNPPA and JNPPB) today announced that Raymond Mason Raymond Mason (b. 1922 in Birmingham, England) is a sculptor. He trained at the Birmingham School of Arts and Crafts under William Bloye, the Royal College of Art (for one term), and Slade School of Art. He has lived and worked in Paris since 1946. and Bert Getz, directly or through affiliates, purchased $6.5 million of Juniper's Class B common stock. Mr. Mason, who will become Vice Chairman of Juniper's Board of Directors upon completion of the Business Combination of Juniper and Firestone Communications Company Details Firestone Communications ([1] is a diversified media and communications Company based in Fort Worth Texas. On January 19, 2007, Juniper Content Corporation (OTCBB: JNPC; "Juniper"), a media and entertainment company focused on branded content , Inc. ("Firestone"), is the largest shareholder of Firestone and now the largest shareholder of Juniper. Mr. Getz, who purchased stock individually, is [Co-Chief Executive Officer] of Globe Corporation, which is also purchasing Class B common stock of Juniper. Mr. Getz, a significant shareholder and a Director of Firestone, will become a Director of Juniper upon completion of the Business Combination. Stuart B. Rekant, Juniper's 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. , stated "The significant stock purchases by both Raymond and Bert are powerful endorsements of Juniper's vision of building a leading provider of branded content Branded Content, also known as Branded entertainment and Advertainment, is a relatively new form of advertising medium that blurs conventional distinctions between what constitutes advertising and what constitutes entertainment. across multiple distribution channels. Their intense commitment, along with the combination of resources of our respective companies, will enable us to pursue an aggressive growth plan." Mr. Mason commented "The combination of Juniper and Firestone is a critical first step in building a media and entertainment company for the digital future. The determination by Firestone shareholders to do an all stock transaction with Juniper, along with our substantial purchase of Class B shares, demonstrates our confidence in Juniper's management team, which shares our excitement about the prospects for SORPRESA!, the nation's first Hispanic children's cable television network. We have a common vision that SORPRESA!, as well as Firestone's production services and network operations, provide the foundation for building a leading content company." Upon the completion of the merger, Juniper will change its name to Juniper Content Corporation. Mr. Getz added "We believe that the new Juniper is well positioned to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the explosive growth of digital media across mobile, broadband, and other interactive platforms." About Firestone Communications, Inc. Firestone Communications, Inc., is a privately held media company based in Dallas-Ft. Worth, Texas. It launched SORPRESA! as its first digital television channel offering which is available on Cablevision, Charter, Comcast, Cox, Time Warner, Verizon and The National Cable TV Cooperative. Its board of directors includes Peter Lund, former President and Chief Executive Officer, CBS (Cell Broadcast Service) See cell broadcast. Corp., Raymond K. Mason, former Chairman, President and CEO, Charter Group, and Bert A. Getz, President of Globe Development Company. Mr. Mason is a manager and the controlling member of 12K, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . About Juniper Partners Acquisition Corp. Juniper Partners Acquisition Corp. was formed on February 3, 2005, to serve as a vehicle to effect a merger, capital stock exchange, asset acquisition or other similar business combination with an operating business. It intends to utilize cash derived from the proceeds of its July 2005 initial public offering, its capital stock, debt or a combination of cash, capital stock and debt, in effecting a business combination. |
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