Photo Release -- Rochester RazorSharks of Premier Basketball League Welcome New Co-Owner & CEO


ROCHESTER, N.Y., Feb. 13, 2012 (GLOBE NEWSWIRE) -- The Rochester RazorSharks, 2011 champions in the Premier Basketball League (PBL) from Rochester, NY and in the league's Eastern Division, announced today that they have a new co-owner who will also serve as the team's Chief Executive Officer.

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11633

Current RazorSharks basketball player, successful entrepreneur and executive Adam House of Boston, MA has finalized his investment and commitment to the Rochester RazorSharks organization. Mr. House has successfully built multiple companies from the ground up, including Velocitude, a mobile services platform that was acquired by Akamai Technologies in June of 2010.  Having served as its Founder & CEO, House oversaw the company's strategic direction, working directly with their flagship accounts and representing the company in the marketplace.  

House grew up in Detroit MI playing basketball and always had a passion for the game, but he left college after his freshman year to pursue his entrepreneurial dreams. After successfully selling his most recent startup business, he returned to his first love - playing basketball. He practiced and trained continuously and not only tried out for the Rochester RazorSharks, but made the team with stellar athletic performance. 

Additionally, Mr. House was the founder and CEO of DMA International, where he combined his knowledge of the financial industry along with his business skills to position DMA as the industry leader for lead generation, doubling revenues for five consecutive years. In 2007, DMA was acquired by V12 Group.

"As an entrepreneur and businessman, it was easy to recognize the potential of the Premier Basketball League and what they've contributed towards minor league professional basketball.  When the long awaited opportunity arose to invest and become a part of the organization I moved quickly to seize this opportunity," stated Adam House.  "The RazorSharks organization has made a significant impact within the Rochester community including everything from the loyal fan base to their involvement with community service and outreach programs.  The city of Rochester is very sports savvy with additional minor league professional sports teams for hockey, baseball and soccer," continued House.

My wife Vanessa and I, along with our three sons, are looking forward to establishing ourselves in the city of Rochester and working with the community and the many businesses that have supported the RazorSharks throughout the years. RazorShark basketball is a tradition and with four championships in six years, it is a tradition I am excited to be part of," stated House.  Mr. House will assume his new role and duties immediately.

For more information on the RazorSharks, please visit www.RazorSharks.com

The Premier Basketball League (PBL) logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11424



            
Adam House

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