Business Services Industry

Fortune Media Inc. Announces Mac Beagelman's Retirement

Business Wire, July 13, 1999

SMITHTOWN, N.Y.--(BUSINESS WIRE)--July 13, 1999--

James W. Zimbler, Chairman and CEO of Fortune Media, Inc. announced today that Mac Beagelman, former Chairman of the Company and advisor to the Company has retired. Mr. Beagelman was Chairman prior to January 1999 when Mr. Zimbler was elected as Chairman and CEO.

"Mac Beagelman was a valuable resource and will be severely missed. We extend our best wishes to him" said James Zimbler.

Mr. Beagelman has pledged his undying vote of confidence in the new management team and deeply regrets that he can not see the dream through.

Fortune Media, Inc. is a E-commerce industry related company, providing E-commerce Internet solutions for the Entertainment and the On-line Services Industry.

Statements contained in this press release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties that can cause actual results to differ materially from estimated results. Such risks and uncertainties are detailed in the Company's filings with the various Regulatory Authorities having jurisdiction.

COPYRIGHT 1999 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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