16.10.2007 22:26:00
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CoActive Marketing Group, Inc. Names Fred Kaseff Chief Financial Officer
CoActive Marketing Group, Inc. (NASDAQ Capital Market: CMKG) announced
today that it appointed Fred Kaseff to serve as its Chief Financial
Officer, replacing Susan Murphy, who had held that position on an
interim basis. Ms. Murphy will continue to consult with CoActive on a
part time basis.
Mr. Kaseff, age 50, has previously served as the Chief Financial Officer
of several marketing companies, most recently the online agency [x+1].
From 1985 until 2002 he was the Chief Financial Officer of Brann
Worldwide, a division of Havas Advertising, and Brann's predecessor
corporation, Barry Blau & Partners. Early in his career, Mr. Kaseff
worked as a Staff Accountant with KPMG LLP, and as a Corporate Associate
in the New York-based law firm, Weil, Gotshal & Manges LLP.
Marc Particelli, the Company’s Chairman,
remarked, "After a thorough executive search
which included the involvement of our Audit Committee and our entire
Board of Directors, we believe we have identified the ideal candidate to
lead our finance and accounting departments.”
Mr. Kaseff commented, "I am extremely excited
to have the opportunity to join this organization, and I look forward to
working with CoActive’s management, employees
and clients.” About CoActive: CoActive Marketing Group, Inc. is an integrated
marketing communications agency. The Company’s
services include buzz and viral marketing, social media and consumer
generated media, relationship marketing, experiential marketing, event
marketing, and ethnic marketing. The Company’s
programs help its clients profitably connect with consumers and create
advocates for client brands.
This press release includes statements which constitute forward-looking
statements made pursuant to the safe harbor provision of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements in
this press release are not promises or guarantees and are subject to
risks and uncertainties that could cause our actual results to differ
materially from those anticipated. These statements are based on
management's current expectations and assumptions and are naturally
subject to uncertainty and changes in circumstances. We caution you not
to place undue reliance upon any such forward-looking statements. Actual
results may vary materially from those expressed or implied by the
statements herein. Factors that could cause actual results to differ
materially from the Company's expectations are set forth in the
Company's Annual Report on Form 10-K for the fiscal year ended March 31,
2007 under "Risk Factors," including but not limited to "Recent
Losses,” "Need for Additional Funding," "Internal
Controls,” "Dependence on Key Personnel,"
"Unpredictable Revenue Patterns," "Customers," "Competition," "Risks
Associated with Acquisitions," and "Control by Executive Officers and
Directors" and include the risk that projected business opportunities
will fail to materialize or will be delayed. The Form 10-K may be
obtained by accessing the database maintained by the Securities and
Exchange Commission at http://www.sec.gov.
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