NEW YORK, Oct. 16, 2003 (PRIMEZONE) -- Steven Strauss, CEO of Chilmark Entertainment Group (Pink Sheets:CMKK) discussed the company's three distinctive core competencies, and their role in the company's growth. He detailed the different long-term revenue streams, as well as the company's partnership with CRG Securities to deliver and develop the latest in cellular phone technology to the end-user. Strauss detailed the relationship between the company's product offerings and emerging cellular phone technology, and the distinct advantages the company has in this market over their competitors. The company is currently eyeing opportunities and agreements with cellular phone companies in Australia and in China, two booming markets with a large consumer base. Looking ahead, Strauss said the company feels that the execution of their business plan will put the company in a position to be a leader in the marketplace. "It'll be a generator of income, and position-wise, it'll be huge in the marketplace," he said.
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Peter Rubenovitch, Chief Financial Officer of Manulife Financial Corp. (NYSE:MFC) discussed the company's recent merger with John Hancock Financial Services Inc. (NYSE:JHF) and how it differs from other mergers in the industry. He detailed the different complimentary aspects of the two businesses, and the synergy that will be established once the merger is completed. He called the process "a cumbersome transaction," but estimated that the transaction will close in early Q2 2004. He also detailed how the merger will affect shareholder value, as well as Manulife's international reach. Other topics covered were future milestones that potential investors should look for, Manulife's growth profile, and the growing trend of consolidation in the industry.
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Ernest L. Godshalk III, President and COO of Varian Semiconductor Equipment Associates Inc. (Nasdaq:VSEA) discussed the company's core competencies, and competitive edge several other companies in their niche market segment. Godshalk detailed the company's product offerings, and the evolution of the semiconductor industry, primarily in the high current segment. Godshalk gave a forecast of the company's quarterly earnings, and detailed several of the company's upcoming milestones. Regarding the company's product offerings, Godshalk said "there's quite a ground swell toward single wafer processing in the high current space. We're presently the only provider for single wafer high current tools. We also plan to continue the other positive trends in customer satisfaction and our financial results."
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