LAS VEGAS, Oct. 24, 2001 (PRIMEZONE) -- Media and Entertainment.com Inc. (OTCBB:MEDE), a rapidly growing leader in communications services for the entertainment industry, announced that it has appointed Christopher Laurance, a Managing Director from Young/Rubicam, one of the world's largest marketing companies, to its Board of Directors. At Young/Rubicam, Mr. Laurance oversaw the company's key accounts, which included Sony Corp. (NYSE:SNE), as well as Ford Motor Company's (NYSE:F) Lincoln, Mercury, Jaguar and Land Rover lines. Laurance will immediately assume responsibility for directing and shaping the development of Media and Entertainment.com's compensation committee.
Besides being the Managing Director of the Irvine office, Mr. Laurance was additionally the Interactive Chairman of North America for Young/Rubicam. Prior, Mr. Laurance was a Partner at MarchFIRST for Mazda North American Operations. In this role, he was responsible for managing all digital activities, including all activities on www.mazdausa.com, Mazda Dealers Online, Mazda's extranet "Mazda Town" and all dealer extranets.
Before MarchFIRST, Mr. Laurance was FedEx (NYSE:FDX) Team Manager at OnlineFocus, where his team developed the first new interface on www.fedex.com in four years, the Global Branding site, the first FedEx Freight marketing site, the Global Account extranet, FedEx Service Guide site, the holding company's FDX Website, the FDX Supply Chain Extranet and the FDX investor relations site.
"Mr. Laurance's industry knowledge and years of business, marketing and senior-management experience is an invaluable addition to our team," said Roger Paglia, Chief Executive Officer of Media and Entertainment.com. "We are fortunate to have attracted him to our organization and he should be a real asset to Media and Entertainment.com as we continue our rapid expansion."
Mr. Laurance's background also includes a series of entrepreneurial ventures. He was President of Cybernaut Records, a start-up online record label that marketed CDs at wholesale prices. He was the owner of Just-e, an electronics solution provider for Iiyama Monitors, Imagine Media, Fiber and Wireless, Toshiba, AMD, AMF, Direct Stock Market, Comdex, CeBite and PcExpo. Additionally, Mr. Laurance was the COO for IMA Studios, where he produced CD-ROMs tied to Hollywood film releases.
About Media and Entertainment.com
Media and Entertainment.com is a growth-oriented, multi-faceted entertainment company consisting of television and motion picture production facilities and production office buildings at multiple locations; services for the production and distribution of content worldwide; and a full service advertising-media agency. The continued growth of its business is expected to be facilitated through further acquisitions of synergistic companies and through the formation of strategic partnerships and alliances.
This release contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions "may," "could," or "might" occur. Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.