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International Merchant Advisors Appoints Eric Ottens Executive Director For Brazil Markets

 

HOUSTON, Nov. 18 /PRNewswire-FirstCall/ -- International Merchant Advisors Inc (Pink Sheets: IMAI) announced The appointment of Eric Ottens as Executive Director of Business Development for Brazil Markets. Mr. Ottens is a resident of Brazil and has extensive experience with major Brazilian corporations such as Marriott Corporation as Regional Controller in Brazil, First Brazil Intercontinental Hotels, Meridian Hotels, Mannesmann Industries, and New Holland Corp.

Eric Ottens also brings Brazil energy exploration experience to IMAI, previously serving as Finance Manager for Baker-Hughes International Exploration Division in Brazil, Argentina and Venezuela. Mr. Ottens is also multi lingual, proficient in Portuguese, Spanish, English, and French.

Mel Roseman, CEO of International Merchant Advisors commented, "Eric Ottens exceptional track record in Brazil and his unique relationships in South America will help us firmly establish IMAI as a credible business banker and development organization in Brazil. Brazil's rapidly growing economy, which is expected to generate the highest rate of economic growth in the Western Hemisphere for years to come, is expected to be a hub for growth of entrepreneurial businesses of all kinds."

Eric Ottens added, "As the new Executive Director, I am excited at the prospect of providing growth services of all kinds to emerging companies in Brazil, and look forward to establishing IMAI as a premier boutique business banker in Brazil and South America."

ABOUT INTERNATIONAL MERCHANT ADVISORS, INC. International Merchant Advisors Inc. (IMAI) is an international business banker and builder of companies. IMAI provides direct access to the critical tools necessary to satisfy the growth requirements of international emerging and re-emerging public and private companies. These tools include providing strategic advisory services, capital raising strategies, direct access to capital markets, and organizational development and business plan execution.

IMAI is directly focused on helping growing companies that serve the energy, alternative energy, clean technology and information technology markets, and is geographically targeted on Brazil and other high growth South American markets. While our client companies pay the direct expenses of our work, IMAI receives the lion's share of it's compensation in the form of stock in the public companies we serve.

We consider ourselves venture capitalists with our time, aiming to achieve multiple, outsize returns by being paid in equity instead of cash for our services This method of compensation not only allows the client companies the ability to preserve cash, but also aligns our interests with the interest of the shareholders of our client companies. Because of our unique method of compensation, we believe IMAI to be the ultimate business resource for emerging and re-emerging public corporations and private companies who wish to access capital in the public markets.

SOURCE International Merchant Advisors Inc

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