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(BSNS WIRE) Rhombic Corp. Names Investment

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Wise Investment Member Level  Thursday, 01/23/03 12:10:15 PM
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(BSNS WIRE) Rhombic Corp. Names Investment Banker Ilija `Sean' Radetich to
Rhombic Corp. Names Investment Banker Ilija `Sean' Radetich to Its Board of
Directors


Business Editors

CAMPBELL, Calif.--(BUSINESS WIRE)--Jan. 23, 2003--Rhombic Corp.
(OTCBB:NUKE) announced today it has named Ilija `Sean' Radetich to its
Board of Directors. The appointment of Mr. Radetich is effective
immediately and increases the company's Board of Directors to four
members.
"We look forward to Sean's management and leadership direction and
are confident that he will be an important asset to Rhombic," said
John Hartman, President and CEO of Rhombic Corp. "Sean's skills help
diversify and accentuate an already strong group of independent board
members whose vision and experience will continue to foster Rhombic's
growth and create shareholder value."
Sean has over 12 years of hands-on experience in investment
banking and corporate finance, and has spent his professional career
identifying and working with emerging growth companies. In that time,
his main focus has been on PIPE (Private Investment in Public
Equities) financings. His PIPE experience includes straight equity,
convertible preferred equity, convertible debenture and subordinated
debentures of NASDAQ/AMEX, OTCBB, and foreign securities.
Since 1991 Sean has structured and negotiated the risk capital
investments for some of Europe's largest banks and asset management
institutions. Sean is the founder and managing director of Odyssey
Advisors LLC, an investment firm specializing in PIPE financing. Sean
also has worked for LBI Group and SBC Warburg in the Private Placement
Divisions.
Over the past 10 years Sean has identified and developed key
financial advisory relationships with public and private firms
including Wall Street Web, eLiberation, Clearworks Technologies,
CyberMerchants Exchange and Cekatel, and has managed transactions for
them including PIPE's, private company investments, and secondary
offerings. In addition to investment banking, Sean served as Chief
Financial Officer for WebCash Corporation, a B2B infrastructure
company backed by Berg McAfee and Silicon Valley Angel Fund, and
presently in acquisition negotiations.
Sean is currently active on several boards, including Navigate
Network, GoNet2k board of directors, and Wall Street Web board of
advisors. Sean received his B.S. in International Economics from the
University of Oldenburg, Germany, and attended the Haas School of
Business, University of California at Berkeley.
Rhombic Corporation, based in Campbell, Calif., acquires
traditional "brick and mortar" businesses of mortgage and consumer
lending, and owns Internet platform technology that will tie these
businesses together through a proprietary software platform called
Financenter. Financenter will make it possible for mortgage and real
estate professionals to manage more clients, reduce overhead, and
increase the level of service they provide. It allows loan brokers,
real estate agents, and clients control over refinance and loan
decisions 24 hours a day, seven days a week, via personal contact, the
Internet, desktop applications, print media and wireless handheld
devices such as cell phones and touch-tone phones (including
interactive voice recognition).

--30--GAA/mi*

CONTACT: The Cervelle Group, Orlando, Fla.
Media Relations Contact:
Dave Donlin, 866/295-7878 or 407/295-7878
dave@thecervellegroup.com

KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: TELECOMMUNICATIONS E-COMMERCE INTERNET BANKING
REAL ESTATE
SOURCE: Rhombic Corp.

Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: http://www.businesswire.com




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