Ostara Corporation Hires G. Richard Eakle To Manage Investment Projects in the [DWDLCCN]
Southeast
Business Editors
WERNERSVILLE, Pa.--(BUSINESS WIRE)--Feb. 1, 2005--Ostara Corporation (OTC:OTRC) announces it has hired G. Richard Eakle to manage the Company's investment projects in the southeastern United States. Mr. Eakle's addition to the management team adds tremendous depth in market analysis and the Company's ability to position itself for future growth. His addition also reflects the Company's commitment to adding management depth and experience at every level.
G. Richard Eakle, serves as the President of Eakle Associates. Previously, he was with the investment banking firm of Morgan Stanley & Co. in New York City where he was a Vice-President and Chief Market Strategist from 1984-1988. Prior to Morgan Stanley, Mr. Eakle was a Limited Partner and Chief Market Strategist with Cowen & Company from 1968-1984.
Among other accomplishments, Mr. Eakle was a consultant to George Soros and Soros Fund Management. While consulting for Soros Fund Management, Mr. Eakle also managed two separate hedge funds. Renowned for his investment expertise, he is frequently quoted in The Wall Street Journal, Barron's, USA Today, The New York Times, The Economist, Bondweek, and The Japan Economic Journal. He has appeared as a featured guest on CNBC and Bloomberg News. Mr. Eakle was recognized for his investment acumen in the Euromoney Poll for Market Analysis and the Institutional Investor All-America Research Team. He is a contributing author in the 4th and 5th editions of Cohen-Zinbarg's text "Investment Analysis and Portfolio Managemeny". Mr. Eakle was a guest lecturer at the NYU Graduate School of Business and is a multiple award-winner of the Mansfield Blue Ribbon Market Forecast. He also served his country as a combat pilot with the U.S. Marine Corps.
Company CEO, Chad Sayers said, "I am very pleased that Rick Eakle has joined our team. He is a man whose reputation precedes him. His knowledge and experience will be a tremendous asset to our organization."
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the Company's operations, imprecision in estimating product reserves and the Company's ability to replace and expand its real estate interests. Ostara Corp. assumes no obligation to update the information contained in this press release, whether as a result of new information, future events or otherwise.
--30--RB/ph*
CONTACT: Ostara Corporation, Inc., Wernersville
Alfonso C. Knoll, 610-678-7900
www.OstaraCorp.com
KEYWORD: PENNSYLVANIA
INDUSTRY KEYWORD: HARDWARE BANKING SOFTWARE NETWORKING MANAGEMENT CHANGES
SOURCE: Ostara Corporation, Inc.
Copyright Business Wire 2005
01Feb05 14:41 GMT
Symbols: us;OTRC
Source BW Business Wire
Categories: MST/I/BNK MST/I/CMT MST/I/CPM MST/I/SOF MST/L/EN MST/R/US/PA MST/S/PER TGT/BWN
News 
Market Data 
Discover 
