Jeffery Friedman appointed Chairman of SilverBirch as company welcomes two new board members
Fri Nov 21, 7:00 AM
New board members offer expertise in both capital markets and MMO game
industry
TORONTO, Nov. 21 /CNW/ - SilverBirch Inc. (TSX-V: SVB.V), a leading digital entertainment company, today announced the appointment of Mr. Jeffery Friedman as Chairman of the company's board of directors. SilverBirch also announced the appointment today of two new directors, Mr. Roger Rosmus and Mr. Sam Ho, both of whom have worked closely with the company and have extensive backgrounds in financing, capital markets, advanced technology and Massive Multiplayer Online (MMO) games.
Mr. Friedman, a current board member, is an experienced executive with senior-level experience in corporate finance, management and governance. He replaces outgoing Chairman Mr. Terence M. Donnelly, who has resigned from the board.
Mr. Friedman is the COO of Edgemere Capital. Prior to this role, he was the President and CEO of auto parts manufacturer Depco International Inc. that had $125 million in annual revenues and 800 employees, and which was sold to Martinrea International. Mr. Friedman is a lawyer by training with expertise in corporate governance. He has held senior executive roles at advanced technology companies Minacs and Unique Broadband Systems. He also previously served as a director of Motivus Inc., a publicly traded company listed on the TSX Venture Exchange.
Mr. Rosmus is the co-founder and President of investment bank Aberdeen Gould Capital Markets, where Mr. Ho is also a co-founder and Partner. They replace Mr. Donnelly and Mr. Ian Halliday, who has also resigned from the board. All of the changes are effective immediately.
Mr. Rosmus has over 12 years of investment banking experience in the public and private sectors. He has acted as lead on many mergers, acquisitions and corporate financings in a wide variety of industries. Previously, Mr. Rosmus has co-owned and managed a number of successful businesses in Canada. He holds a MBA from the Ivey School of Business.
Mr. Ho, with over 6 years of corporate finance experience, currently focuses on investment banking in his role at Aberdeen Gould Capital Markets. He has worked at leading Canadian independent investment dealers. Mr. Ho holds an Honours Business Administration degree (with distinction) from the Ivey School of Business.
"I thank Terence Donnelly and Ian Halliday for their contributions to SilverBirch, and in particular for their guidance during a period of rapid change," said Mr. Friedman. "I am confident that, with the recent board changes and strong offerings that include MMO games like the successful Metin2 and highly promising Cross Fire, we are well-positioned for success in the MMO game market."
About SilverBirch Inc.
Toronto-based SilverBirch Inc. is a leading digital entertainment company operating in the fastest growing sectors of the video game market. The Company's video game operations include SilverBirch Studios, a video game developer; Red Mile Entertainment*, a San Francisco based publisher of console games such as Heroes Over Europe and the exclusive worldwide license holder for Sin City; Lighthouse Interactive, a Netherlands-based publisher of PC games; and a co-venture with G4Box Inc. to operate licensed English language online multiplayer games. For more information see www.silverbirchinc.com.
* The acquisition of Red Mile Entertainment is scheduled to close
Jan. 31, 2009
The TSX Venture Exchange has in no way passed upon the merits of the
proposed transaction and has neither approved nor disapproved the
contents of this news release. The TSX Venture Exchange does not accept
responsibility for the adequacy or accuracy of the content of this news
release.
ContactsJeffrey Friedman Chairman
SilverBirch Inc.
Tel: (905) 361-0836 Ext. 3303



