Rothschild Forms Strategic Alliance with Global Technology Partners

31 May, 2000, 01:00 ET from Rothschild

    NEW YORK, May 31 /PRNewswire/ -- Rothschild announced today the formation
 of a strategic alliance with Global Technology Partners, LLC, a specialized
 group of professionals, including former U.S. Secretary of Defense William
 Perry, who have extensive public and private sector experience in the
 technology, defense, and aerospace industries.  Global Technology Partners
 combine CEO, senior management and board of director participation in both
 Fortune 500 and start-up ventures with high-level federal government
 experience.
     Gerald Rosenfeld, Chief Executive Officer of Rothschild North America,
 said, "We believe the combination of Rothschild's global relationships and
 Global Technology Partner's  access to and knowledge of the international
 defense and aerospace industry will create high level strategic advisory and
 investment opportunities.  These opportunities will arise from the continued
 consolidation of second and third tier defense companies, the anticipated
 relationships that are forming among aerospace and defense companies on a
 cross border basis and GTP's insight into defense markets and technologies."
     Dr. Perry added, "Rothschild's worldwide reach and relationships are a
 good fit to GTP's perspective on the rapidly-evolving sectors in which we
 specialize.  With Rothschild, we will have a very strong team indeed."
     Rothschild, the international investment bank, has 50 offices in over 30
 countries around the world, including: London; Paris; New York; Toronto;
 Frankfurt; Milan; Hong Kong; Singapore; Sydney; Melbourne; and Tokyo.
 
     Brief Bios of Global Technology Partners:
 
     --  Dr. William J. Perry
         Dr. William J. Perry is a Senior Partner and the Chairman of Global
     Technology Partners, LLC.  Dr. Perry served as the U.S. Secretary of
     Defense from 1994 to 1997 and as Deputy Secretary of Defense from 1993 to
     1994.  Earlier in his career, he served as U.S. Undersecretary of Defense
     for Research and Engineering.
        Dr. Perry also has extensive business experience.  He was a co-founder
     and President of ESL Inc., which pioneered the application of Hambrecht &
     Quist, an investment banking firm specializing in high technology
     companies, and co-founder and Chairman of Technology Strategies and
     Alliances, a technology-oriented investment banking and consulting firm.
        He is an advisor to many corporations and recently completed terms as a
     director of the Boeing Company, United Technologies Corporation, and
     Hambrecht & Quist.
 
     --  Dr. John M. Deutch
         Dr. John M. Deutch is a Senior Partner of Global Technology Partners,
     LLC.  Dr. Deutch has held a number of significant government and academic
     posts over the last three decades.  From 1995 to 1997, Dr. Deutch served
     as Director of Central Intelligence for the U.S. and was in charge of the
     Central Intelligence Agency.  He had previously served as U.S. Deputy
     Secretary of Defense from 1994 to 1995 and Undersecretary of Defense for
     Acquisitions and Technology from 1993 to 1994.  Earlier in his career, Dr.
     Deutch served in the U.S. Department of Energy as Director of Energy
     Research and Undersecretary of Energy, where he was responsible for
     research, development and demonstration programs for all energy
     technologies.
         Dr. Deutch serves as a director of Ariad Pharmaceutical, Citigroup.
     CMS Energy, Cummins Engine, Raytheon Corporation and Schlumberger Ltd.
 
     --  Dr. John P. White
         Dr. John P. White is a Senior Partner of Global Technology Partners,
     LLC.  Dr. White has held several senior federal government positions
     during his career, including U.S. Deputy Secretary of Defense from 1995 to
     1997, Deputy Director of the Office of Management and Budget from 1978 to
     1981 and Assistant
     Secretary of Defense, Manpower, Reserve Affairs and Logistics from 1977 to
     1978.
         Dr. White also has extensive private sector experience, having served
     as Chairman and CEO of Interactive Systems Corporation from 1981 to 1988
     and, following its sale to the Eastman Kodak Company in 1988, as General
     Manager of the Integration and Systems Products Division of Kodak, and a
     Vice President of Kodak until 1992.  Dr. White also spent ten years with
     the RAND Corporation, where he was the Senior Vice President for National
     Security Research Programs and a member of the Board of Trustees.
         He serves as a director of Wang Government Services, Inc. and IRG
     International.
 
     --  Dr. Paul G. Kaminski
         Dr. Paul G. Kaminski is a Senior Partner of Global Technology
     Partners, LLC.  During his career, Dr. Kaminski has held various senior
     level positions focusing on advanced technology in both the public and
     private sectors. Dr. Kaminski most recently served as U.S. Undersecretary
     of Defense for Acquisition and Technology from 1994 to 1997.  His prior
     experience with the federal government includes twenty years as an
     Air Force officer, during which time he was Director of the US Low
     Observable (Stealth) Program.  He also managed the development of advanced
     space reconnaissance systems and new sensor technology.
         Dr. Kaminski currently serves as Chairman and CEO of Technovation,
     Inc., a consulting firm focusing on business strategy and advanced
     technology. He previously held the post of Chairman and Chief Executive
     Officer of Technology Strategies and Alliances, a technology-oriented
     investment banking and consulting firm that he co-founded in 1985 with Dr.
     William Perry.
         Dr. Kaminski is a director of General Dynamics, Anteon Corporation,
     Condor Systems, Inc., DeCrane Aircraft Holdings, Inc., DynCorp, Eagle-
     Picher Technologies, and Veridian.
 
     --  Dr. Ashton B. Carter
         Dr. Ashton B. Carter is a Senior Partner of Global Technology
     Partners, LLC.  From 1993 to 1996, Dr. Carter served as U.S. Assistant
     Secretary of Defense for International Security Policy, with
     responsibility for formulating U.S. policy towards Russia and other states
     of the former Soviet Union, proliferation of weapons of mass destruction
     worldwide, arms control negotiations, and oversight of the U.S. nuclear
     arsenal and missile defense programs.  He is also the former Chairman of
     the NATO High Level Group.
 
     --  Dr. Robert J. Hermann
         Dr. Robert J. Hermann is a Senior Partner of Global Technology
     Partners, LLC.  Dr. Hermann most recently served as Senior Vice President
     for Science and Technology at United Technologies Corporation, where he
     was responsible for the development of the company's technical resources.
     Dr. Hermann joined United Technologies in 1982 as Vice President of
     Systems Technology in the
     Electronics Sector, and was named Vice President of Science and Technology
     in 1987.
         Prior to joining United Technologies, Dr. Hermann served twenty years
     with the National Security Agency, with assignments in research and
     development, operations and NATO.  In 1977, he was appointed Principal
     Deputy Assistant Secretary of Defense for Communications, Command, Control
     and Intelligence.  In 1979, he was named Assistant Secretary of the Air
     Force for Research,
     Development and Logistics and in parallel was Director of the National
     Reconnaissance Office.
         He is a director of DeCrane Aircraft Holdings, Inc., and Condor
     Systems, Inc.
 
     --  Irving B. Yoskowitz
         Irving B. Yoskowitz is a Senior Partner of Global Technology Partners,
     LLC.  Prior to his association with Global Technology Partners, Mr.
     Yoskowitz spent nearly two decades with United Technologies Corporation,
     where he served as General Counsel since 1981 and as an Executive Vice
     President since 1990.  He was the company's lead negotiator for major
     domestic and international acquisitions, divestitures and joint ventures,
     and served as a member of the company's Management Executive Committee.
         Mr. Yoskowitz is a Director of BBA Group, plc., and EQUANT, N.V.
 
 

SOURCE Rothschild
    NEW YORK, May 31 /PRNewswire/ -- Rothschild announced today the formation
 of a strategic alliance with Global Technology Partners, LLC, a specialized
 group of professionals, including former U.S. Secretary of Defense William
 Perry, who have extensive public and private sector experience in the
 technology, defense, and aerospace industries.  Global Technology Partners
 combine CEO, senior management and board of director participation in both
 Fortune 500 and start-up ventures with high-level federal government
 experience.
     Gerald Rosenfeld, Chief Executive Officer of Rothschild North America,
 said, "We believe the combination of Rothschild's global relationships and
 Global Technology Partner's  access to and knowledge of the international
 defense and aerospace industry will create high level strategic advisory and
 investment opportunities.  These opportunities will arise from the continued
 consolidation of second and third tier defense companies, the anticipated
 relationships that are forming among aerospace and defense companies on a
 cross border basis and GTP's insight into defense markets and technologies."
     Dr. Perry added, "Rothschild's worldwide reach and relationships are a
 good fit to GTP's perspective on the rapidly-evolving sectors in which we
 specialize.  With Rothschild, we will have a very strong team indeed."
     Rothschild, the international investment bank, has 50 offices in over 30
 countries around the world, including: London; Paris; New York; Toronto;
 Frankfurt; Milan; Hong Kong; Singapore; Sydney; Melbourne; and Tokyo.
 
     Brief Bios of Global Technology Partners:
 
     --  Dr. William J. Perry
         Dr. William J. Perry is a Senior Partner and the Chairman of Global
     Technology Partners, LLC.  Dr. Perry served as the U.S. Secretary of
     Defense from 1994 to 1997 and as Deputy Secretary of Defense from 1993 to
     1994.  Earlier in his career, he served as U.S. Undersecretary of Defense
     for Research and Engineering.
        Dr. Perry also has extensive business experience.  He was a co-founder
     and President of ESL Inc., which pioneered the application of Hambrecht &
     Quist, an investment banking firm specializing in high technology
     companies, and co-founder and Chairman of Technology Strategies and
     Alliances, a technology-oriented investment banking and consulting firm.
        He is an advisor to many corporations and recently completed terms as a
     director of the Boeing Company, United Technologies Corporation, and
     Hambrecht & Quist.
 
     --  Dr. John M. Deutch
         Dr. John M. Deutch is a Senior Partner of Global Technology Partners,
     LLC.  Dr. Deutch has held a number of significant government and academic
     posts over the last three decades.  From 1995 to 1997, Dr. Deutch served
     as Director of Central Intelligence for the U.S. and was in charge of the
     Central Intelligence Agency.  He had previously served as U.S. Deputy
     Secretary of Defense from 1994 to 1995 and Undersecretary of Defense for
     Acquisitions and Technology from 1993 to 1994.  Earlier in his career, Dr.
     Deutch served in the U.S. Department of Energy as Director of Energy
     Research and Undersecretary of Energy, where he was responsible for
     research, development and demonstration programs for all energy
     technologies.
         Dr. Deutch serves as a director of Ariad Pharmaceutical, Citigroup.
     CMS Energy, Cummins Engine, Raytheon Corporation and Schlumberger Ltd.
 
     --  Dr. John P. White
         Dr. John P. White is a Senior Partner of Global Technology Partners,
     LLC.  Dr. White has held several senior federal government positions
     during his career, including U.S. Deputy Secretary of Defense from 1995 to
     1997, Deputy Director of the Office of Management and Budget from 1978 to
     1981 and Assistant
     Secretary of Defense, Manpower, Reserve Affairs and Logistics from 1977 to
     1978.
         Dr. White also has extensive private sector experience, having served
     as Chairman and CEO of Interactive Systems Corporation from 1981 to 1988
     and, following its sale to the Eastman Kodak Company in 1988, as General
     Manager of the Integration and Systems Products Division of Kodak, and a
     Vice President of Kodak until 1992.  Dr. White also spent ten years with
     the RAND Corporation, where he was the Senior Vice President for National
     Security Research Programs and a member of the Board of Trustees.
         He serves as a director of Wang Government Services, Inc. and IRG
     International.
 
     --  Dr. Paul G. Kaminski
         Dr. Paul G. Kaminski is a Senior Partner of Global Technology
     Partners, LLC.  During his career, Dr. Kaminski has held various senior
     level positions focusing on advanced technology in both the public and
     private sectors. Dr. Kaminski most recently served as U.S. Undersecretary
     of Defense for Acquisition and Technology from 1994 to 1997.  His prior
     experience with the federal government includes twenty years as an
     Air Force officer, during which time he was Director of the US Low
     Observable (Stealth) Program.  He also managed the development of advanced
     space reconnaissance systems and new sensor technology.
         Dr. Kaminski currently serves as Chairman and CEO of Technovation,
     Inc., a consulting firm focusing on business strategy and advanced
     technology. He previously held the post of Chairman and Chief Executive
     Officer of Technology Strategies and Alliances, a technology-oriented
     investment banking and consulting firm that he co-founded in 1985 with Dr.
     William Perry.
         Dr. Kaminski is a director of General Dynamics, Anteon Corporation,
     Condor Systems, Inc., DeCrane Aircraft Holdings, Inc., DynCorp, Eagle-
     Picher Technologies, and Veridian.
 
     --  Dr. Ashton B. Carter
         Dr. Ashton B. Carter is a Senior Partner of Global Technology
     Partners, LLC.  From 1993 to 1996, Dr. Carter served as U.S. Assistant
     Secretary of Defense for International Security Policy, with
     responsibility for formulating U.S. policy towards Russia and other states
     of the former Soviet Union, proliferation of weapons of mass destruction
     worldwide, arms control negotiations, and oversight of the U.S. nuclear
     arsenal and missile defense programs.  He is also the former Chairman of
     the NATO High Level Group.
 
     --  Dr. Robert J. Hermann
         Dr. Robert J. Hermann is a Senior Partner of Global Technology
     Partners, LLC.  Dr. Hermann most recently served as Senior Vice President
     for Science and Technology at United Technologies Corporation, where he
     was responsible for the development of the company's technical resources.
     Dr. Hermann joined United Technologies in 1982 as Vice President of
     Systems Technology in the
     Electronics Sector, and was named Vice President of Science and Technology
     in 1987.
         Prior to joining United Technologies, Dr. Hermann served twenty years
     with the National Security Agency, with assignments in research and
     development, operations and NATO.  In 1977, he was appointed Principal
     Deputy Assistant Secretary of Defense for Communications, Command, Control
     and Intelligence.  In 1979, he was named Assistant Secretary of the Air
     Force for Research,
     Development and Logistics and in parallel was Director of the National
     Reconnaissance Office.
         He is a director of DeCrane Aircraft Holdings, Inc., and Condor
     Systems, Inc.
 
     --  Irving B. Yoskowitz
         Irving B. Yoskowitz is a Senior Partner of Global Technology Partners,
     LLC.  Prior to his association with Global Technology Partners, Mr.
     Yoskowitz spent nearly two decades with United Technologies Corporation,
     where he served as General Counsel since 1981 and as an Executive Vice
     President since 1990.  He was the company's lead negotiator for major
     domestic and international acquisitions, divestitures and joint ventures,
     and served as a member of the company's Management Executive Committee.
         Mr. Yoskowitz is a Director of BBA Group, plc., and EQUANT, N.V.
 
 SOURCE  Rothschild