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FOR IMMEDIATE RELEASE The Blueshirt Group Adds Veteran IR Professional David Walke SAN FRANCISCO - March 10, 2008 - The Blueshirt Group, a leading investor and media relations firm serving companies globally, today announced the appointment of David Walke to the newly created position of senior management advisor. Mr. Walke brings over three decades of investor relations (IR) experience to the firm. He will focus on new business generation and strategic growth initiatives as Blueshirt builds on its record 40% revenue growth in 2007. "We are thrilled to welcome David to our firm as we meet the needs of our rapidly expanding client base in an increasingly diverse set of industry verticals. David's deep knowledge of the investor relations industry, along with his extensive network of Wall Street contacts, will be a significant advantage to our clients and our firm," said Alex Wellins, managing director and co-founder of The Blueshirt Group. "2007 was an exceptional year for Blueshirt as we won numerous high-profile IPOs and were selected by a number of public and private companies to enhance their investor and financial media relations efforts. Blueshirt's continued success validates our unique business model of limiting the number of clients that each group works with enabling us to provide the highest level of service to our clients." Mr. Walke co-founded investor relations and corporate communications firm Morgen-Walke Associates in 1982. At the time of its sale in 2000, Morgen-Walke was the largest independent investor relations firm in the country, with more than 200 clients and six offices in the U.S. and Europe. More recently, Mr. Walke served as chairman and CEO of publicly traded Guideline Inc. (formerly FIND/SVP) from November 2001 through its successful sale in August 2007. During his tenure at Guideline, the company more than doubled revenues and expanded from a single-product enterprise into a diversified business research company. He serves on the board of directors for several publicly traded companies and non-profit organizations. Mr. Walke earned a B.S. in accounting from Syracuse University. "After weighing a number of options regarding a return to the IR industry, I am very excited to come back to my roots and join some of the most successful members of my former firm," said David Walke. "Blueshirt's highly differentiated approach and service levels have driven strong growth, and I am very impressed with the caliber of talent within the firm and the quality of its clients. I look forward to contributing to the firm's success and expanding its opportunities." "Blueshirt has built an outstanding presence and reputation in the technology and related sectors, and is one of the largest and most successful investor relations firms in the country," continued Mr. Walke. "In addition to its core practice in San Francisco, it recently launched a New York office, led by Jonathan Schaffer, and has entered into a joint venture with The Consumer Group, a new IR firm led by Christine DiSanto Greany focused on the consumer, retail and related sectors. Jonathan and Christine are also former colleagues of mine, and I very much look forward to contributing to the evolution and growth of these and other important initiatives for Blueshirt." About The Blueshirt Group Founded in 1999, The Blueshirt Group provides senior-level investor and media relations counsel to leading public companies, private companies and venture capital firms. The company's team is comprised of professionals with deep experience from Wall Street, investor relations, media relations, business journalism, and technology companies. The Blueshirt Group offers the highest managing director-to-client ratio in the industry in order to give clients the hands-on approach usually associated with internal investor and media relations programs. The Blueshirt Group is a privately held company headquartered in San Francisco with an office in New York City. For more information, please visit http://www.blueshirtgroup.com. For more information, please contact: |
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