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Thom Calandra Statement Regarding SEC Settlement

Market Wire, January, 2005

The Securities and Exchange Commission today settled civil charges against Thom Calandra, a former columnist for the popular Internet website CBS MarketWatch.com. In settling the matter, Thom, who neither admits nor denies guilt, said:

"I am happy to have finally reached a settlement with the SEC on this matter. It has been a challenging year, to put it mildly, and I do not wish to expose my family to a protracted public dispute with the Commission on this matter. Now that we have a resolution, I am eager to move on with my life and pursue my first love, writing."

Thom added: "I am happy to have preserved intact my ability to pursue my life's work -- writing and publishing, with no prohibitions against my sitting on the boards of publicly traded companies, should I so desire."

Media Contact: Robert Silverman Gramercy Strategies for Thom Calandra (212) 779-1900 robert@gramercystrategies.com

 

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