NEW YORK, June 5 /CNW/ - MDC Partners ("MDC" or the "Company") announced
today that Jeff Epstein has been appointed as a member of the Company's Board
Mr. Epstein is the Executive Vice President and Chief Financial Officer
of Oberon Media, the global technology provider, distributor, and publisher of
casual games. Prior to that, he worked as the Chief Financial Officer for
several leading media companies including ADVO, Inc., VNU's Media Measurement
and Information Group and DoubleClick. Mr. Epstein also serves as a Director
of Priceline.com, Inc.
Mr. Epstein will also serve as a member of the Audit Committee of the MDC
Partners Board of Directors.
"Jeff's varied experiences in digital media combined with his world-class
financial expertise will be of significant value to MDC's Board and Audit
Committee," said Miles Nadal, Chairman and Chief Executive Officer.
Separately, Francois Roy has informed the Board of his decision to
resign, effective June 30, 2007 following his acceptance of a full time
position at McGill University in Canada.
"We appreciate Francois' contributions during his long tenure serving on
the Company's Board and various Committees and wish him well in all of his
future endeavors," said Miles Nadal.
About MDC Partners
MDC Partners is a leading provider of marketing communications services
to clients in North America, Europe and Latin America. Through its partnership
of entrepreneurial firms it provides advertising, specialized communications
and consulting services to leading brands. MDC Partners' philosophy emphasizes
the utilization of strategy and creativity to drive growth for its clients.
MDC Partners is the network where great talent lives. MDC Partners Class A
shares are publicly traded on the NASDAQ under the symbol "MDCA" and on the
Toronto Stock Exchange under the symbol "MDZ.A".
This press release contains forward-looking statements within the meaning
of section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Such forward-looking statements involve risks and
uncertainties which may cause the actual results or objectives to be
materially different from those expressed or implied by such forward-looking
statements. Such factors include, among other things, the Company's financial
performance; changes in the competitive environment; adverse changes in the
economy; ability to maintain long-term relationships with customers; financing
requirements; risks arising from material weaknesses in internal control over
financial reporting; and other factors set forth in the Company's Form 10-K
for its fiscal year ended December 31, 2006 and subsequent SEC filings.
For further information:
For further information: Donna Granato, Director, Finance & Investor
Relations, (646) 429-1809, firstname.lastname@example.org