DriveOff.com Hires Former First Security Van Kasper Vice President as CFO
15 November 1999
DriveOff.com Hires Former First Security Van Kasper Vice President as CFODENVER, Nov. 15 -- DriveOff.com, the automotive e-commerce subsidiary of Navidec Inc. , today announced that Christopher Harff joined the organization as Chief Financial Officer. DriveOff.com's acting CFO, Pat Mawhinney, will continue his duties as Chief Financial Officer of Navidec Inc. Prior to this position, Harff was Vice President of Corporate Finance for First Security Van Kasper. In this role, he performed an array of investment banking services including public offerings and private placements. From 1994 to 1998, Harff was promoted to vice president of Imperial Capital, LLC, a Los Angeles based investment bank. Harff earned bachelor's and master's degrees from the University of North Carolina at Chapel Hill and is a member of the American Institute of Certified Public Accountants. "DriveOff.com's superior technology and business model, combined with our experienced management team, keep our organization at the forefront of automotive e-commerce," said Michael Kranitz, president of DriveOff.com. "Chris is a perfect fit for the continued growth and success of our organization." About DriveOff.com Inc. DriveOff.com Inc. is an automotive e-commerce company that provides world-class automotive web sites including DriveOff.com, CarWizard.com and LeaseSource.com. The company's flagship web site, DriveOff.com, is the world's first true automotive e-commerce web site -- allowing consumers to complete their entire vehicle transaction online. DriveOff.com Inc., based in Englewood, Colorado, is a subsidiary of e-business solutions and services provider, Navidec Inc. All statements in this press release, other than historical facts, are forward looking statements. These statements are based on certain assumptions and analyses made by Navidec in light of its experience and its perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. Such statements are subject to a number of risks and uncertainties, including general and economic business conditions, demand for automobiles, competition from other automotive online services, market acceptance of its online automotive solutions and other risk factors indicated from time to time in Navidec's filings with the Securities and Exchange Commission. Those filings are available online at http://www.freeedgar.com.