Neil D. Berlant Joins The Seidler Companies

Investment Banking Firm Launches Water Industry Practice


LOS ANGELES, Calif., Oct. 17, 2002 (PRIMEZONE) -- The Seidler Companies Incorporated, today announced that Neil D. Berlant has joined the firm as first vice president and managing director of Water Group, a newly established practice focused on the water industry.

Berlant's addition to The Seidler Companies represent the latest in an ongoing expansion of the firm's commitment to enhancing capabilities in its investment banking and private client services divisions. "We are increasingly finding a receptive audience drawn from small and mid-cap niche companies, that are below the radar screens of the New York-based investment banking conglomerates," said Roland Seidler, founder and chief executive officer of the firm. "We are delighted Neil has rejoined us and that, together, we will be providing unique and up-close perspectives on the vital, but largely ignored, water industry."

Berlant, the founder of Water Research Associates, previously served in senior capacities at Wells Fargo Investments and UBS PaineWebber. Since 1986, Berlant has concentrated his efforts exclusively on business and investment opportunities in the water industry. He has conducted numerous international water conferences and plans to conduct additional programs in 2003.

About The Seidler Companies

Established in 1969, The Seidler Companies is a leading regional middle-market, NYSE-member investment bank and securities firm. Along with investment banking services for corporations, the firm serves the financial needs of institutions, municipalities and high-net worth individuals. Its restructuring unit focuses on in-and out-of-court restructurings, recapitalizations, distressed mergers and acquisitions, as well as analysis of potentially distressed businesses. Headquartered in Los Angeles, the firm also has California offices in Fresno, Irvine and Redlands, along with its latest office in Scottsdale, AZ. For more information visit www.seidlercos.com.



            

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