Thursday, February 08, 2001 8:06:21 PM
DENVER, Feb 8, 2001 /PRNewswire via COMTEX/ -- DUET 2001, a gathering of senior level executives and international dignitaries led by Dr. Derrin Smith, founder/chairman of DUET and Chairman/CEO of publicly traded GETGO Inc. (Nasdaq: GTGO), once again served as the forum for presentation of visionary convergence technologies. Featured speakers included such leaders as His Excellency Dan Nica, Romanian Minister of Telecommunications & Informatics; Teresa Elder, president, AT&T Broadband - West; Steve Pearse, CEO Akroria Networks, Inc.; Tom McGrath, CEO, Firstworld Communications; Dan O'Brien, CEO, High Speed Access; Leslie Nittler, senior vice president of Starz Encore Media Group; and Arjun Gupta, chairman of Telesoft Ventures. Presentations and networking are already culminating in many deal-making discussions.
Some early deal highlights and success stories from DUET 2001 that can already be told include Steve Pearse attaining a $60 million valuation for Akroria Networks in its early rounds of venture financing; GETGO reaching cash terms of agreement to acquire a 40% stake of technology company SINTA, S.A., of Iasi, Romania, in a venture with Omega Communications involving both traditional broadcast radio as well as audio streaming; preliminary agreements by Delfin Project to acquire new media content from New York producers; and myriad other early stage deal making discussions which will be brought to light in coming weeks and months.
"The speed and impact of DUET 2001-fueled transactions will amaze observers," commented Dr. Derrin Smith. "Stay tuned."
For more information visit http://www.duetevents.com.
SOURCE The DUET Conference
CONTACT: Kristin Johnston of DUET PR, 303-204-7249
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