New joint venture, CCGK Investor Relations, will provide Israeli companies with high-level investor relations counsel that is based locally with a very strong U.S. presence
LOS ANGELES, New YORK, and Tel Aviv - November 6, 2006 - CCG Investor Relations, a leading investor relations and strategic communications agency, and G.K Investor Relations, part of the Gelbart Kahana group, Israel's largest investor relations firm, today announced the formation of a new joint venture partnership called CCGK Investor Relations ("CCGK"). The joint venture will provide global investor and public relations services to Israeli-based companies that are public or seeking to list in the U.S. stock markets.
"Israel has one of the largest and most sophisticated group of growth-oriented public companies in the world, presenting enormous opportunities for U.S. public and private equity investors", said Crocker Coulson, President of CCG Investor Relations. "We are impressed with the international IR operation that G.K. has built in Israel in the last four years and we believe that teaming up with them presents an opportunity to take this business even further. Through this new joint venture, CCGK will provide Israeli companies the high-level investor relations and communications counsel they need to access the U.S. capital markets and elevate their profile with global investors, analysts and the U.S. media."
"Until now, we provided our clients with an international investor relations service with a local presence. Our joint venture with CCG Investor Relations enables us to provide clients with a U.S. presence and further broaden our services to include access to the U.S. financial media," said Ehud Helft, Partner at G.K. Investor Relations. "We are looking forward to carving a channel of increased opportunity for Israeli companies who are seeking to enhance the visibility, liquidity and institutional sponsorship of their equity in the U.S and we believe that CCG is the right partner to help us achieving this."
CCGK will provide Israeli-based public companies with a wide array of cost-effective investor relations services targeting the U.S. markets. These include:
- Access to high level investor relations counsel including former investment bankers, sell-side analysts, securities lawyers, auditors and public company principals on all issues related to investor relations, disclosure and corporate finance;
- Established relationships with thousands of funds and analysts across North America and Europe and a uniquely targeted approach to road shows and investor meetings based on affinity
- Relationships with Tier One financial media, including CNBC, Wall Street Journal , Barron's , Financial Times and others;
- Management of quarterly disclosure process including releases, conference calls, corporate profiles, and investor presentations;
- Offices in New York City, Los Angeles and Tel Aviv.
About G.K. Investor Relations
G.K. Investor Relations is part of the Gelbart-Kahana group, Israel's largest financial public relations and investor relations business which advises over 70 Israeli companies on all aspects of communications with the local investment community. Managed by Ehud Helft and Kenny Green, the former Credit Suisse First Boston Israeli Research team, G.K. Investor Relations specializes in providing international investor relations services specifically tailored for Israeli companies with presence in the U.S. and other foreign exchanges. G.K. Investor Relations provides its services to over 20 clients, listed on the Tel Aviv Stock Exchange, NYSE, AMEX and NASDAQ stock markets. For more information, visit the Company's Web site at http://www.gkir.com