FOR IMMEDIATE RELEASE
Contact:
Sarah Tolle/John Sonego
ROGERS & ASSOCIATES
(310) 552-6922
stolle@rogersassoc.com
jsonego@rogersassoc.com
Sherman Oaks, Calif., August 27, 2001 - B3 Corp., a leading e-business
solutions provider, today announced the appointment of Celeste Wood as
Executive Director of Business Development. Wood will lead the
company`s business development initiatives including marketing
alliances, mergers and acquisitions, and strategic technology partnering
to extend B3`s range of products and services.
"Our marketplace is undergoing rapid change as weaker players struggle,
which provides opportunities for B3 to capitalize on its experience and
strong partners through our business development activities," said Gary
Marcotte, Senior Vice President and Chief Financial Officer, B3 Corp.
"Celeste`s diverse experience in business development will help B3
remain an industry leader and support our rapid growth."
Before joining B3, Wood was with SimplyDone Business Solutions, where
she was Vice President of Strategic Development. Prior to SimplyDone,
she was at eMachines (formerly FreePC), where she served as General
Counsel and managed the company`s successful initial public offering and
complex corporate affairs. Before eMachines, Wood was an attorney with
Internet law firm Wilson Sonsini Goodrich & Rosati in Palo Alto, where
she was lead counsel on numerous equity financings, IPOs, M&A
transactions and represented idealab! and its affiliate companies. Wood
began her legal career at Buchalter Nemer Fields & Younger, where she
specialized in technology investments and financings.
Wood received her Masters in Business Administration and Juris Doctor
from Loyola Marymount University in Los Angeles, and her Bachelors in
Business Administration from University of Washington.
B3 Corp. is an industry-leading e-solutions business providing a hosted,
fully integrated end-to-end commerce platform featuring storebuilder,
shopping cart, payments gateway and e-wallet capabilities. These
capabilities were developed specifically to service large corporations
with multiple divisions or organizations with large communities of
small- to medium-sized businesses, such as banks, portals, telecoms and
business services companies. Leveraging the company`s core expertise in
payments management and processing, B3 is rapidly expanding to serve
m-commerce, B2B applications and digital distribution of music and video
on the Internet. Branded versions of the B3`s commerce platform are
currently being offered by Bank of America (www.bamart.com), Wells Fargo
Bank (www.wellsfargoestore.com) and divisions of AOL Time Warner.
Hosting Internet commerce transactions since 1996, B3 is a privately
held company with major equity investments from Warner Music Group (an
AOL Time Warner company), Wells Fargo Bank and Zilkha Capital Partners,
LLP. For more information about B3 products and services, go to
www.bthree.com.
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