Gerald Benowitz Key Speaker at Entrepreneur Exchange 2000
20 November 2000
Gerald Benowitz Key Speaker at Entrepreneur Exchange 2000
SAN DIEGO, Calif.--Nov. 20, 2000--Gerald Benowitz, president and CEO of Newgen Results Corporation, to
share leadership vision with top executives and entrepreneurs
Newgen Results Corporation today announced that its president and CEO, Gerald Benowitz, will address today's demands for visionary leadership and sound management by sharing his personal experience at The Foundation for Enterprise Development Entrepreneur Exchange 2000. An Ernst & Young Entrepreneur of the Year award winner, Benowitz will offer tips and suggestions based on his previous career achievements and recent success at Newgen Results Corporation. Leading executives and entrepreneurs from Southern California are scheduled to attend the interactive session.
The Entrepreneur Exchange 2000 will be held from 7:30 to 9:30 a.m. on November 29, 2000, at the Hyatt Regency, in La Jolla, California. Those interested in attending may register in advance online, www.fed.org/events/eefaxreg.html. Tickets are $45.
About Newgen Results Corporation
Newgen Results Corporation is a leading business-to-business application service provider specializing in customer relationship management (CRM) and e-CRM for the automotive industry. The Company combines marketing and customer retention with an in-depth knowledge of service department operations to deliver highly targeted and customized solutions to the automotive community. Newgen currently supports over 5,000 auto dealerships nationwide and maintains relationships with leading automotive companies and dealer groups including Audi, BMW, Ford, General Motors, Infiniti, Jaguar, Kia, Mitsubishi, Nissan, Saab, Volkswagen, Volvo, plus AutoNation and CarMax Auto Superstores.
On August 22, 2000, TeleTech Holdings, Inc. announced a definitive agreement to acquire Newgen Results Corporation for approximately $200 million in a stock-for-stock exchange accounted for as a pooling of interests. Following TeleTech's planned acquisition of Newgen, Newgen will operate as an independent entity within TeleTech Companies Group, led by Michael Foss, president, TeleTech Companies Group. Jerry Benowitz and his management team will continue operating Newgen following the closing of the transaction. For more information visit www.ngresults.com.
About The Foundation for Enterprise Development
The Foundation for Enterprise Development is a non-profit organization dedicated to helping entrepreneurs and executives use employee ownership and equity compensation as a fair and effective means of motivating the workforce and improving corporate performance. The Foundation enhances economic and social development through broader ownership and involvement in the free enterprise system by providing practical information and assistance to help organizations implement and sustain equity-based compensation and broad-based participation programs. For more information visit http://www.fed.org/aboutus/aboutus.htm.
This news release contains certain forward-looking statements that involve risks and uncertainties. Such statements are only predictions and the company's actual results may differ materially from those anticipated in these forward-looking statements. Factors that may cause such differences include but are not limited to the Company's ability to satisfy its automobile manufacturer and dealership customers, changes in the market for the Company's services, rapidly changing product requirements, the ability of the Company to successfully develop and market new products and the introduction of new products by competitors of the Company. These factors and others are more fully discussed under the heading "Risk Factors" and elsewhere in Annual Report on Form 10-K for the year ended Dec. 31, 1999, as filed with the Securities and Exchange Commission.