OMAHA, Neb., July 3, 2002 (PRIMEZONE) -- TRI Communication Solutions, Inc. (TSX Venture Exchange:TES) (Pink Sheets:TESBF), a leading provider of proprietary marketing services to businesses around the globe, today announced the appointment of Bill Fairfield, Mike Stratman, and Bryan Fairfield, to its Board of Directors.
Bill Fairfield
Bill Fairfield is Chairman of Dreamfield Partners, Inc., a Private Equity firm headquartered in Omaha and is a Director and Executive Committee member of SITEL Corporation (NYSE:SWW) a leading provider of outsourced contact management solutions. Until October 1999, Mr. Fairfield was president and chief executive officer of Inacom Corp., an information technology services company. Under Mr. Fairfield's guidance, as founder and CEO of the company since its inception in 1982 through his retirement from the company in 1999, Inacom evolved into a $6.9 billion Fortune 500 company. Prior to Inacom's launch, Mr. Fairfield was president and general manager of the irrigation division of Valmont Industries, the core competency of Valmont's engineered water systems. He also held senior executive positions with Lindsay Manufacturing and Eastman Kodak. Fairfield, an engineer, holds a MBA from Harvard University and a BS in industrial engineering from Bradley University. He is a recipient of the Ernst & Young Entrepreneur Regional Award and Technology National Award in 1999. He is active on several national and international boards including SITEL Corporation (NYSE:SWW), The Buckle Inc. (NYSE:BKE), Context Connect, and the STRATCOM Consultation Committee, as well as numerous charitable and civic groups.
Bill Fairfield commented, "After conducting extensive due diligence, we believe TRI is establishing itself as the global leader in the interactive voice messaging industry and is well-positioned to grow substantially in the coming years. TRI's VoiceCast subsidiary has a stellar list of clients, and the experience in delivering large-scale voice broadcasting services. We are also impressed by the quality of TRI's focused management team. I am excited about the direction of the Company and I look forward to working closely with TRI's management and Board of Directors."
Commenting on Mr. Fairfield's appointment, David Petersen, TRI's Chairman, stated, "Bill's successful experience with growth companies, significant international experience and exceptional business judgment make him a strong addition to our team. I am pleased to add his talent, vast experience and energy to our Board."
Bryan Fairfield
Bryan Fairfield is a Managing Director of DreamField Partners. Prior to joining Dreamfield in January 2000, Mr. Fairfield served as an Account Director of Computacenter Scotland, where he managed strategic accounts. Mr. Fairfield has extensive sales management, general management and global business experience negotiating and closing large structured transactions. Mr. Fairfield holds a BS from the University of Nebraska, Lincoln, and also studied at also studied at Oxford University in the area of Economics. Mr. Fairfield is currently a director of Xytec International Corporation, ISoft Data Systems, and the Omaha Theater Company for Young People.
"We are pleased to have Bryan join our board of directors," said David Petersen, TRI's CEO. "We look forward to benefiting from his strong business insight and sales background as we continue to expand and develop our unique solution for our clients."
Michael Stratman
Mr. Stratman has been with the Company since March 2000, as Corporate Controller where he has been responsible for financial analysis, reporting and transaction processes. In his new role, Mr. Stratman will be responsible for coordinating financial controls, planning tools, and overseeing strategic business initiatives worldwide. Mr. Stratman has over 10 years' operations management, general management and business experience. Prior to joining TRI, Mr. Stratman was Operations Manager for Batteries Plus where he was responsible for business development, systems administration, procurement, and retail and commercial sales. Mr. Stratman holds a Degree in Finance from the University of Nebraska, Omaha with specialization in business finance, economics, as well as banking and financial markets. After receipt of his degree Michael also studied at Oxford University in the area of Economics.
Commenting on the appointment of Mr. Stratman, Dave Petersen, Chairman and CEO of TRI said, "We are delighted to have Mike on our team. He has been instrumental in the growth and development of TRI, we are confident that he will continue to be a very positive contributor to TRI."
The Company's board of Directors also includes, David Petersen, Fergus O'Daly, and Jerry Rupiper.
Mr. Petersen concluded, "DreamField Partners' involvement is a strong vote of confidence in TRI Communication Solutions. I look forward to benefiting from the experience and expertise that the Dreamfield team will bring us."
About TRI Communication Solutions
TRI Communication Solutions Inc. (TSX Venture Exchange:TES), is a leading provider of proprietary marketing services to businesses around the globe. These services include patented personalized voice communications, interactive voice response (IVR) capabilities; rich media email marketing, and products and services for the growing direct marketing industry. Please visit TRI's website at www.4vci.com for further information.
About Dreamfield Partners
DreamField Partners, Inc. is a private equity firm based in Omaha, Nebraska that assists early and expansion-stage companies in maximizing shareholder value. Dreamfield and its investors provide capital for management buyouts, acquisitions, and growth initiatives, as well as provide management consulting services. Over the past two years Dreamfield, and its investors have invested over $30 million in 10 companies. Previous investments include, eFrame Technology Solutions, ecora Software, MBA Poultry (Smart Chicken), and Mitec Inc.
The Canadian Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking statements within the meaning of Section 37 A of the Securities Act of 1933 and Section 21 E of the Securities Exchange Act of 1934 of the United States. These forward-looking statements involve risks and uncertainties. The Company undertakes no obligation to publicly update or revise the forward-looking statements whether as a result of new information, future events or otherwise.
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