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News and Events 2002
November 2002
Paul Poduri joins MVS as an Associate Consultant.
October 2002 - Boston Business Journal
Juicy gig
Nantucket Nectars co-founder Tom First entered a new phase of his career last week - marketing guru for Boston-based Mount Vernon Strategies Inc.
The 6-year-old Mount Vernon specializes in market research, strategic planning, business plan advice and technology consulting. Clients of the 11-employee company include Au Bon Pain, the Vermont Teddy Bear Co., Green Mountain Coffee Co. and WGBH, according to senior partner Charles Collier. First will head Mount Vernon's branding and marketing practices.
During the past 18 months, a lot of Mount Vernon's clients have been consumer goods companies, so First was a natural fit, Collier said.
"They have to make decisions about what to do about their brands, to grow, acquire or drop a brand," Collier said. "Tom brings a tremendous amount of knowledge to the table."
Collier cited Nantucket Nectars' early experiences trying to distribute bottled juice themselves, the company's award-winning label designs and the company's steep growth trajectory under the leadership of First and Tom Scott.
In March, London-based Cadbury Schweppes PLC announced that it would buy Nantucket Nectars - which is now based in Cambridge - from Ocean Spray Cranberries Inc. of Lakeville and minority shareholders.
October 2002
Chris White, Senior Partner, appears on the Boston Business Journal's Morning AM Morning Drive Time Show www.business1060.com with host Dave Anthony. White discussed the importance of companies focusing on profitability in today's uncertain economy. "Whether we are working with companies like Green Mountain Coffee Roasters, or a start-up enterprise software company, we help our clients achieve sustainable growth. Most of the projects we are working on now include pricing studies, competitor analysis, financial analysis and technology audits." White went on to say that Tom First, co-founder of Nantucket Nectars, has joined MVS to become Director of product design, marketing and distribution strategies.
October 2002
Tom First joins MVS as Director of Marketing and Branding
As the Co-Founder and Co-Chairman of Nantucket Nectars, Tom First has proven leadership in the areas of brand building, product and logo design, and strategic planning. Tom will now lead MVS's marketing practice in assisting clients who wish to increase productivity and industry success through packaging and product design, business planning, distribution, logo labeling and marketing strategies.
October 2002
MVS is hired by Solectria Corporation. Solectria designs and manufactures clean, efficient, and sustainable transportation and energy solutions. www.solectria.com
September 2002
John Kogan joins MVS as a Senior Partner.
John served as Vice President of Enterprise Technology for Goldman Sachs Company from 1996-April 2002. During this period he managed Global NT deployments and reduced desktop operating expenses by 25%. From 1993-1996 John was responsible for strategic planning and installation of technology for Goldman Sachs' Equities Division in Asia. His technology budget during this period was $12 million and he managed over 40 business professionals. Prior to working at Goldman Sachs, John was a senior consultant for Peat Marwick.
September 2002
MVS is hired by FireStar Software, Inc. www.firestarsoftware.com
September 2002
MVS hired by Green Mount Coffee Roasters
www.gmcr.com
August 2002
The Vermont Teddy Bear Co. Inc. Announces Tender Offer
SHELBURNE, Vt., Aug. 20 /PRNewswire-FirstCall/ -- Tomorrow
The Vermont Teddy Bear Co., Inc. (Nasdaq: BEAR) ("Vermont Teddy
Bear") will commence a cash tender offer for up to 3,000,000 shares
of its common stock at a price of $3.50 per share.
http://www.VermontTeddyBear.com
June 2002
MVS client, Protonex, a leader in fuel cell technology, presented its Business Plan to the MIT Enterprise Forum in Cambridge, MA. The Business Plan, written and researched by MVS, received overwhelming approval from the panel of judges. Protonex CEO, Norman Strate said, "All of us at Protonex are thankful to the professionals at Mount Vernon Strategies who provided us with a well written, well researched investor-ready Business Plan. The judges at MIT said that the Protonex Business Plan was one of the most superior plans they had seen in years."
MVS Client, Neoreach (Mobilepro)
secures $10 million. ROCKVILLE, MD - June 10, 2002-- Mobilepro Corp.
(OTC-BB-MOBL), with its subsidiary Neoreach, Inc., a developer of state-of-the-art
modem solutions to support third generation (3G) wireless communication
services, today announced that it has signed a two-year financing commitment
with Cornell Capital Partners LP that will provide the Company with
up to $10 million in financing. The agreement comprises an equity line
of credit and is subject to Mobilepro registering the shares with the
Securities and Exchange Commission. Cornell Capital is a New Jersey-based
domestic investment fund.
http://www.neoreach.com
MVS hosts successful networking dinner for 60 at the Harvard Club. On
June 11, MVS hosted a dinner that included clients, venture capitalists,
major law firms and a number of leaders from various sectors including
biotech and enterprise software. Venture firms attending included Boston
Millennia and Draper Fisher Jurvetson(DFJ). Financial institutions included
Goldman Sachs, Silicon Valley Bank and Comerica.
April 2002
MVS is hired by a leader in the engineering industry to complete a strategic plan.
March 2002
MVS is hired by a fuel cell company to supply market data and complete a business plan.
March 2002
MVS Client Raises $300,000,000 in Subordinated Debt
MVS provided its client, a publicly held owner of Spanish speaking television stations, with valuable market data on the Hispanic consumer. In addition, MVS wrote the offering document that was used to raise the $300,000,000.
February 2002
MVS Client Raises $750,000 in Angel Funding.
CircleLending is a Massachusetts- based company dedicated to creating
and administering loans between friends, family, and community members.
The Company is a first mover in the market for facilitating interpersonal
loans.
MVS is please to have assisted Circle Lending
in the writing of its business plan and introducing it to a source who
made a substantial investment.
www.circlelending.com
January 2002
MVS relocates its offices to 312 Stuart Street, Boston, Massachusetts.
