Press Releases

December 1, 2000 - Arthur B. Whitcomb, Jr. Joins Bristol Investment Group

NEW YORK - Bristol Investment Group, a leading technology venture investment and finance company, announced today that Arthur B. Whitcomb, Jr. has joined the company's executive team as Managing Director. Mr. Whitcomb has more than 10 years experience in investment banking for both the public and private markets, working directly with companies to meet their capital-raising objectives.

"Arthur brings to Bristol substantial expertise in raising equity capital for public companies," said Alan Donenfeld, President of Bristol Investment Group. "This knowledge includes structuring the terms of the equity securities and the relationship with institutional investing sources. We are very fortunate to have him on board."

Prior to joining Bristol Investment Group, Mr. Whitcomb worked as a Managing Director at Coleman & Company, where he was responsible for successfully funding numerous technology companies in both the public and private markets. Before working at Coleman & Company, Mr. Whitcomb was Managing Director of Investment Banking at Whale Securities Co., L.P., a New York based broker dealer and Investment Bank. During this time (1996 to1998) Mr. Whitcomb focused on emerging technology companies and was responsible for new business development, negotiating and structuring transactions, performing due diligence and the successful completion of Initial Public Offerings and private placements. From 1994 to 1996 Mr. Whitcomb was Vice President of Stanhope Capital, Inc. a private investment and merchant bank. Mr. Whitcomb focused on obtaining mezzanine and bridge finance for high growth private companies. From 1991 to 1993, Mr. Whitcomb was a Junior Partner at Sands Brothers and Company, LTD., a member of the New York Stock Exchange. Mr. Whitcomb started his career at Paine Webber Inc. in 1988 in the Capital Markets Group training program. Mr. Whitcomb studied Psychology and Astronomy at Boston University from 1983 to 1987.

"I am excited about joining the Bristol team." said Whitcomb. "This is a very interesting time for investment banking. Many public companies have recently experienced volatility in their stock price and are seeking capital to fuel their growth. Bristol is well positioned to explain and evaluate the various financing options available. We help companies chose the financial solution best suited for their needs and most importantly, successfully close transactions." Whitcomb went on to say that the capital markets, while having recently undergone a correction, remain open to new investment opportunities.

About Bristol Investment Group, Inc.

Bristol Investment Group, Inc. is a private investment banking firm focused on serving the needs of high growth public and private companies who require capital, strategic planning and merger and acquisition advice. The members of the firm have a broad range of experience in raising debt and equity capital, structuring and financing acquisitions, arranging joint ventures and managing companies. Mr. Alan Donenfeld, President of Bristol, formed the company in 1990 with the mission of providing a high standard of investment banking services to small and middle market public and private companies. Bristol is a broker/dealer firm registered with the National Association of Securities Dealers (NASD) and is member of the Securities Investor Protection Corporation (SIPC). For more information on Bristol Investment Group call 212-572-6306 or visit www.BristolDirect.com website.


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