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CompuBank Appoints New Member to Board.

HOUSTON, Sept. 19 /PRNewswire/ --

CompuBank(R), the #1 ranked bank online according to SmartMoney Magazine, today announced that Mr. George Stark has been appointed to the Company's Board of Directors. Mr. Stark is the president and chief executive officer of Stark Capital Management & Senior Managing Director of Burnham Securities, Inc.

"We are pleased to have George join our growing team, bringing his strong background in finance and substantial board experience to CompuBank, " commented Frank Goldberg, CompuBank's Chairman and CEO. "We were drawn to his outstanding leadership qualities, community involvement and business acumen."

In his capacity as President & CEO of Stark Capital Management Inc., Mr. Stark is responsible for U.S. and offshore client portfolio management, investment advisory, and brokerage operations through Burnham Securities, Inc. Prior to the formation of this firm, Mr. Stark held several executive positions at Drexel Burnham Lambert where he opened, managed and expanded full-service branches for individual and institutional investors in the Southwest. "I'm excited to be a part of CompuBank's dynamic team as the #1 bank online leaps forward to revolutionize the dynamics of personal and professional banking," stated Mr. Stark.

Mr. Stark is an active participant in the financial services industry and in the community. He has been a member of the Investment Association of New York, an Associate Member of the Houston Society of Security Analysts and the Association for Investment Management and Research (AIMR). Mr. Stark serves as a National Commissioner and past Chairman of the Southwest Regional Board of the Anti-Defamation League of B'nai Brith, Treasurer on the Board of Trustees of St. John's School, and as a past President of the Jewish Family Service Agency of Houston. His active involvement in the arts includes currently serving as a member of the Board of Directors and the Executive Committee of the Menil Foundation, and previously held similar positions on the Board of Directors of the Houston Ballet Foundation.

CompuBank(R), is the #1 bank online according to Smart Money Magazine, earning top honors for Security, Account Information, Fees, and Extra Products and Services. Having customized and leveraged its technology, CompuBank has harnessed the power and speed of the Internet for the convenience and security of its customers.

CompuBank protects the confidentiality of transactions across the Internet with architecture that uses several layers of security technology. FDIC insured, CompuBank is using its technology, banking experience and strategic partnerships to give businesses and individuals the tools they need to control their money. CompuBank is committed to delivering the highest level of service and products in the industry.

With an experienced management team drawn from the leaders of the Finance and Internet industries, CompuBank has attracted blue chip investors and strategic partners -- SOFTBANK Finance, GE Financial Assurance, The Goldman Sachs Group and Marsh & McLennan Capital. Launched just 24 months ago, CompuBank has quickly gained broad recognition from the premiere rating services for the quality of its services and the delivery of its products.
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Publication:PR Newswire
Date:Sep 19, 2000
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