Guy Jarvis joins Multimedia Nova Corporation Board of Directors
Mr. Jarvis brings over 20 years of experience to Multimedia Nova, havingworked as an executive, consultant and investment banker. Mr. Jarvis wasrecently appointed the Chief Executive Officer and a director of DC NetCast.Previously, Mr. Jarvis spent the 5 years as an investment banker, successfullyadvising companies on corporate strategies, acquisitions, dispositions andcorporate fundraisings. Prior to his investment banking activities, Mr. Jarviswas the CEO of Commercial Consolidators where he directed the growth of thecompany to $115 million in revenue and received recognition from ProfitMagazine as the 12th "Fastest Growing in Canada" in 2001. From 1987 to 2000,Mr. Jarvis held a number of executive positions, including Director of theBusiness Development Bank of Canada's Mezzanine Financing division and SeniorManager with both Lloyds Bank Canada and National Bank of Canada. Mr. Jarvisreceived his BA from the University of Toronto in Economics and Statistics.
The Company's management welcomes Mr. Jarvis whose contribution willassist the Company with its efforts to grow its media business and increaseshareholder value. The Company believes that Mr. Jarvis will be a greataddition to the Board and will be a tremendous asset to the Company. Hisproven past success and experience at such a high level will be invaluable tothe Company.
The Company also announced that Patrick Wong resigned as a director tofocus his attention in his various business activities. The Companyappreciates his contributions to the Company during his tenure.
Multimedia Nova Corporation is an integrated communications enterprisebased in Toronto, Ontario
The statements used in this Press Release may contain forward-lookingstatements that may involve a number of risks and uncertainties. Actual eventsor results could differ materially from the Company's forward-lookingstatements and expectations. The TSX Venture Exchange does not acceptresponsibility for the adequacy or accuracy of this release.
For further information
Lori Abittan, President and Chief ExecutiveOfficer, at (416) 785-4300 ext. 218, Fax (416) 785-4303, e-mail:
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