Timothy S. Durham Invests in Indy Men's Magazine
March 08 2004 - 2:49PM
PR Newswire (US)
Timothy S. Durham Invests in Indy Men's Magazine INDIANAPOLIS,
March 8 /PRNewswire-FirstCall/ -- Timothy S. Durham, Chairman and
CEO of Obsidian Enterprises, Inc., has invested in Indy Men's
Magazine. Indy Men's Magazine entered the Indianapolis market in
2002, and has had people talking ever since. Selected as one of the
30 most notable magazine launches in the country, IMM focuses on
matters of interest to upscale, educated and active individuals
whether bachelor or married-with-kids. Its savvy, humorous
editorial runs the gamut, covering business, sports, entertainment,
fitness, parenting, travel, gadgets, nightlife and more. Monthly
features include recipes from the "Bachelor Chef," a collection of
real stories about real guys doing interesting work in "Men at
Work," the lowdown on "What Women Want" and perspectives on
kid-raising dilemmas from the front lines in "The Dad Files." "I
like to take the various facets of my life that I enjoy and find a
way to fit them into a business setting," said Durham on his
interest in the publication. "Indy Men's coverage is sharp. The
staff does a great job relating to the guy on the street and
putting a witty spin on the topics of interest to him. Most
importantly, from a business perspective,the upside potential for
this growing publication in this market and others is enormous."
"Tim was one of the first people I went to for advice on putting
together a business plan for the magazine in the months before we
launched," said Indy Men's Magazine President and Publisher Todd
Tobias. "He's been an active consultant and fan of IMM since day
one. We're thrilled that Tim is now formally a part of our team.
With his investment and guidance, we can take advantage of so many
more new and exciting opportunities not only here in Indy but in
other markets as well." Indy Men's Magazine is a free monthly
publication with a circulation of 50,000 that is available in
high-traffic destinations such as Galyan's, Marsh, Blockbuster,
Union Planters and over 300 area restaurants and businesses across
central Indiana. Yearly subscriptions are also available. Visit
http://www.indymensmagazine.com/ for more information. IMM is the
newest addition to Durham's varied portfolio. Other Durham
investments include The Aesthetic Surgery Center, an
Indianapolis-area aesthetic surgery practice; Bella Vita Direct, an
Indy-based catering service; National Lampoon, an entertainment
licensing and publishing company; Touch Restaurant, a South Beach
restaurant providing unique entertainment and a stylish dining
experience; and Vizion Restaurant/Vapour Lounge, an up-scale
restaurant and lounge located at 82nd & Allisonville Rd.
Obsidian Enterprises, Inc. is a publicly traded (OTC:OBDE)
(BULLETIN BOARD: OBDE) holding company that invests in small and
mid cap companies in basic industries such as manufacturing and
transportation. Headquartered in Indianapolis, Indiana, Obsidian
Enterprises currently conducts business through five subsidiaries:
Danzer Industries, Inc., a manufacturer of service and utility
truck bodies and accessories; Obsidian Conference & Catering
Center, a meeting and special event facility; Pyramid Celebrity
Coaches, Inc., a leading provider of corporate and celebrity
entertainer coach leases; United Trailers, a manufacturer of
steel-framed cargo, racing, ATV and specialty trailers; and U.S.
Rubber Reclaiming, Inc., a butyl rubber reclaiming operation.
Additional information on Timothy S. Durham, Obsidian Enterprises
or its companies, can be found online at
http://www.obsidianenterprises.com/ . DATASOURCE: Obsidian
Enterprises, Inc. CONTACT: Timothy S. Durham, Chairman & C.E.O.
of Obsidian Enterprises, Inc., +1-317-237-4122, Web site:
http://www.indymensmagazine.com/
http://www.obsidianenterprises.com/
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