Newly appointed to the Board of Directors are Richard Ascher, Jeremy Dallow, Jerry Gilbert, Phili... Ckrush Announces New Board
Newly appointed to the Board of Directors are Richard Ascher, Jeremy Dallow, Jerry Gilbert, Philip Glassman, Roy Roberts and Jonathan Schwartz. Each will serve until the Company's next annual meeting of shareholders, at which time the Board will be restructured to provide for three-year staggered terms, subject to shareholder approval. Messrs. Ascher, Gilbert and Schwartz will be members of the audit committee of the Board, with Mr. Ascher serving as chairman of the audit committee.
"We are excited and gratified that these experienced entertainment and business professionals have agreed to serve on our Board of Directors at this exciting period in our Company's growth," said Jeremy Dallow, President of Ckrush. "As we take steps to capitalize on the opportunities in the global entertainment industry and the fast-growing digital distribution business, the Company and its shareholders will be well served by the contributions of these highly qualified and knowledgeable professionals."
Among the film and entertainment content Ckrush has produced for later release is the feature film comedy "Beer League," starring Artie Lange, the popular comedian/actor who is a regular on the Howard Stern Show, and "TV the Movie," starring Steve O, Preston Lacy and Wee-Man of "Jackass" fame. Ckrush also co-produced the sorority comedy, National Lampoon's "Pledge This," starring Paris Hilton. Ckrush distributes content across all media platforms, including theatrical film release, DVD retail, the digital online industry, the mobile device market including cell phones, television and pay-per-view.
Richard Ascher -- Mr. Ascher, a longtime financial and investment professional, is Managing Director of Wealth Management Advisors, LLC, a Registered Investment Advisor. Prior to joining Wealth Management Advisors, LLC, Mr. Ascher was a client service partner with a large New York City CPA firm focusing primarily on privately held middle market clients. He holds an MBA, and is a Certified Public Accountant and a licensed investment advisory representative and insurance broker. Mr. Ascher's other professional experience includes work with private investors where he was primarily responsible for the management and investment of amounts in excess of $200 million.
Jeremy Dallow -- In addition to serving on the Board of Ckrush, Mr. Dallow was also recently named company President. Prior to joining Ckrush, Mr. Dallow co-founded Bulldog Boxing Management and Bulldog Entertainment, providers of management and consulting services to athletes and entertainers. While with Bulldog, he served as executive producer of several motion pictures, including the upcoming Ckrush Entertainment film releases, "Beer League," "TV The Movie," and the Ckrush co-production, National Lampoon's "Pledge This."
Jerry Gilbert - In 1971, Mr. Gilbert founded Cornell Computer Corp., an IT consulting firm servicing Fortune 1000 companies in New York City. The company grew to more than 20 offices across the U.S., and was among the largest privately held IT consulting firms in the country.
Roy Roberts - In addition to serving on the Board, Mr. Roberts was recently named CEO of Ckrush. Most recently he served as the CEO of Sparkle Industries, a manufacturing company. His entertainment background includes positions as CFO of Worldwide Entertainment & Sports, a publicly traded sports & entertainment company, and CFO of Palisades Entertainment, one of the nation's leading independent film distribution companies.
Jonathan Schwartz - Mr. Schwartz, a longtime information technology executive, founded Pathfinders Personnel, an IT Recruiting firm with offices in New York City, Boston and Florida, and grew the Company to revenues of $20 million. He also founded recruiting firms The Wilson Group and Atlantic Partners in New York City, and Professional Recruiting Services, based in Florida. He currently acts as President and COO of those organizations.
Ckrush, Inc., formed in 2004, consists of three divisions that create entertainment and sports-related digital and filmed content for global distribution to all media platforms, including the film, online, and mobile device markets. The Ckrush Entertainment division produces and distributes feature films and television programming, and has a robust pipeline of film and television projects either completed or in development. Ckrush Entertainment recently produced the feature film "Beer League," starring Artie Lange, and "TV the Movie" starring Steve O, Wee Man and Preston Lacy of "Jackass" fame. Additionally, the Company co-produced National Lampoon's "Pledge This," starring Paris Hilton. These films are slated for release in 2006. Ckrush Sports, Inc. focuses on professional sports, including the promotion of professional boxers, televised boxing events and other sports ventures. Recently, Ckrush Sports entered into consulting agreements with legendary boxing trainer Lou Duva as well as highly regarded promoter Dino Duva. Ckrush Direct produces and distributes programs and products for pay-per-view video-on-demand, and retail and direct response DVD and video channels. For more information, please visit http://www.ckrush.net .
This release contains forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," plan," "anticipate," "believe," "estimate," "predict," "potential," or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Actual events or results may differ materially from those forward-looking statements as a result of various important factors, including those described in the Company's most recent filings with the SEC. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. The business and operations of the Company are subject to substantial risks which increase the uncertainty inherent in forward-looking statements. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements.
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