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FOR IMMEDIATE RELEASE Cronus Partner LLC Engaged by PLG PartnersNorwalk, CT – April 15, 2005. Cronus Partners LLC (“Cronus”) is pleased to announce that it has been engaged as the financial advisor to PLGpartners. PLGpartners is the majority-owner of an independent, facilities-based provider of web and audio conferencing services (the “Company”). The Company’s technology-driven infrastructure provides low cost domestic and international audio conferencing solutions, allowing the Company to service approximately 500 established accounts ranging from small manufacturing, retail and services firms to Fortune 1000 companies with both domestic and internationally distributed employee or customer bases. Increasing demand for conferencing services continues to be driven by the value-proposition offered by business communications services that significantly accelerate the delivery time, decrease the cost and increase the security of critical employee and customer interaction. About Cronus Partners Advising on mergers, acquisitions, divestitures, sales, and private placement financings, Cronus is an independent investment banking firm that provides financial and strategic advisory services. The clients of the firm are publicly traded or privately owned companies that engage in middle-market transactions domestically or internationally. For further information please contact:
Cronus Partners LLC |
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