ComCam Announces Investment Committee Appointment
June 27 2005 - 10:02AM
PR Newswire (US)
ComCam Announces Investment Committee Appointment WEST CHESTER,
Pa., June 27 /PRNewswire-FirstCall/ -- ComCam, Inc., (OTC:CMCA)
(BULLETIN BOARD: CMCA) announced the appointment of Paul M. Higbee
to its Investment Committee effective today. Paul M. Higbee, an
investment banker with over twenty five years professional
experience, is a partner at G.C. Andersen Partners, LLC, a New York
private merchant bank. Prior to joining Andersen, Mr. Higbee worked
primarily with middle-market companies at a number of investment
banks including Deutsche Bank, PaineWebber and Drexel Burnham
Lambert. He has an AB in Economics from Princeton University and an
MBA from the Wharton School. ComCam Chairman and Chief Executive
Officer, Don Gilbreath, welcomed Mr. Higbee to the Company's
Investment Committee: "The G.C. Andersen relationship along with
Paul enhances ComCam's reputation tremendously. G.C Andersen is a
preeminent financial presence in NYC and highly respected
throughout the merchant and investment banking community. Our
recent financing of ComCam International, a ComCam, Inc.
subsidiary, can be credited to Mr. Higbee and his belief in the
opportunities and growth potential the Company has in the
surveillance and security technology, products and services
sector." Higbee commented that "ComCam has developed an outstanding
team and some very innovative and flexible products. Hopefully the
recent financing and our expertise can accelerate the Company's
growth plans." G.C. Andersen Partners, LLC
(http://www.andersenllc.com/) provides financial advisory services
and engages in private equity investing. ComCam, Inc.,
(http://www.comcam.org/) is a Business Development Company pursuant
to Section 54 of the Investment Company Act of 1940. ComCam intends
to build an investment portfolio consisting of revenue generating
assets and emerging companies positioned for growth. ComCam
International, Inc. (http://www.comcam.net/) is a pioneering
developer of IP network surveillance and security solutions for
homeland security, government and commercial markets. ComCam has
provided IP surveillance and security solutions to the Department
of Defense, Federal Bureau of Investigation and US Navy for
wireless command and control of video security applications
deployed in the US and in some of the world's hot spots. A number
of statements contained in this press release may be considered to
be forward-looking statements that are made pursuant to the safe
harbor provisions of the Private Securities Litigation Act of 1995.
These forward- looking statements involve a number of risks and
uncertainties, including timely development, and market acceptance
of products and technologies, competitive market conditions,
successful integration of acquisitions and the ability to secure
additional sources of financing. The actual results ComCam may
achieve could differ materially from any forward-looking statements
due to such risks and uncertainties. ComCam encourages the public
to read the information provided here in conjunction with its most
recent filings on Form 10KSB and Form 10QSB. ComCam's public
filings may be viewed at http://www.sec.gov/. Contact: David Rosen
V.P. Corporate Development Tel. 610.436.8089 This release was
issued through eReleases(TM). For more information, visit
http://www.ereleases.com/. DATASOURCE: ComCam, Inc. CONTACT: David
Rosen, V.P. Corporate Development of ComCam, Inc., +1-610-436-8089,
or Web site: http://www.comcam.org/ http://www.comcam.net/
http://www.andersenllc.com/
Copyright