iFormation Group Recruits Former CEO of Troll Communications To Head Sales & Marketing Team

Candy Lee Brings Global Operating and Marketing Experience to iFormation



Apr 30, 2001, 01:00 ET from iFormation Group

    NEW YORK, April 30 /PRNewswire/ -- Candy Lee has joined iFormation Group
 as the Managing Director of Sales & Marketing.  Based in iFormation's New York
 office, Candy will provide leadership for the company's marketing and branding
 activities worldwide.
     "Candy is a seasoned executive who brings a wealth of experience to
 iFormation," said company President, David Pecaut.  "We were looking for a
 proven leader with a strong operating and marketing background, as well as
 international credentials.  Candy has all those traits, plus an ability to
 think strategically and work cooperatively with many partners on many
 projects."
     Launched in June 2000, iFormation is a partnership of The Boston
 Consulting Group, General Atlantic Partners and Goldman Sachs.  iFormation
 partners with the world's leading companies by investing in and operating new
 technology businesses that leverage their existing assets.  One of
 iFormation's major "carve-outs" is eONE Global, a joint venture with the
 world's largest transaction processing company, First Data Corporation, to
 build a group of emerging payment technology companies for Internet and
 wireless applications.  Another iFormation partner is Site 59, a last minute
 travel website packager that was voted "best of the web" by Forbes.
     "iFormation is a very exciting company that is in a category of its own.
 The concept is new, the people are first-rate and the opportunities are
 limitless," said Candy Lee.  "Having been involved with marketing and growth
 endeavors throughout my career, I look forward to working with the iFormation
 team in getting new companies off the ground.  And, given my recent
 involvement in educational publishing, I'll be looking for ways of applying my
 interests to new business formation and growth in e-learning fields as well."
     Before joining iFormation Group, Candy was the President and CEO of Troll
 Communications, the major publishing and education company serving almost
 every American school, through programs for teachers, parents and students, as
 well as interacting directly with families at home.  Troll is one of the top
 two brand names with teachers in America.
     Prior to Troll, Candy spent 13 years with Harlequin Enterprises, a global
 company with 18 operating centers worldwide, distributing 200 million books
 per year in 23 languages in over 100 countries.  In her most recent role as
 Executive Vice President and Publisher in Toronto, Candy was responsible for
 all international operating divisions of the company.  Candy had worldwide
 editorial responsibility as Publisher and also oversaw all sales and marketing
 initiatives in North America.
     Candy's earlier experience includes eight years as Director and general
 manager of Marshall Editions, a London-based company that creates illustrated
 non-fiction for worldwide co-edition publishing.  She began her career as
 Manager for the largest publisher in Ireland, Mercier Press and Bookshops.
     Candy received a BA, cum laude, from Harvard University.  She has earned a
 master's degree and is currently working on a Ph.D. at Columbia University.
 
     About iFormation Group
 
     iFormation Group is a company created by the strategy consulting firm, The
 Boston Consulting Group, the technology venture capitalist, General Atlantic
 Partners, and the investment bank, Goldman Sachs, to carve new businesses out
 of traditional companies in partnership with the Global 2000.  iFormation
 Group teams with industry leaders to acquire, develop and build new Internet
 and technology businesses that leverage the corporate partners' legacy assets.
 iFormation Group's international network and management generates value for
 leading companies by emphasizing speed to market, core business development
 and deep technology expertise.
 
                     MAKE YOUR OPINION COUNT -- Click Here
                http://tbutton.prnewswire.com/prn/11690X56610326
 
 

SOURCE iFormation Group
    NEW YORK, April 30 /PRNewswire/ -- Candy Lee has joined iFormation Group
 as the Managing Director of Sales & Marketing.  Based in iFormation's New York
 office, Candy will provide leadership for the company's marketing and branding
 activities worldwide.
     "Candy is a seasoned executive who brings a wealth of experience to
 iFormation," said company President, David Pecaut.  "We were looking for a
 proven leader with a strong operating and marketing background, as well as
 international credentials.  Candy has all those traits, plus an ability to
 think strategically and work cooperatively with many partners on many
 projects."
     Launched in June 2000, iFormation is a partnership of The Boston
 Consulting Group, General Atlantic Partners and Goldman Sachs.  iFormation
 partners with the world's leading companies by investing in and operating new
 technology businesses that leverage their existing assets.  One of
 iFormation's major "carve-outs" is eONE Global, a joint venture with the
 world's largest transaction processing company, First Data Corporation, to
 build a group of emerging payment technology companies for Internet and
 wireless applications.  Another iFormation partner is Site 59, a last minute
 travel website packager that was voted "best of the web" by Forbes.
     "iFormation is a very exciting company that is in a category of its own.
 The concept is new, the people are first-rate and the opportunities are
 limitless," said Candy Lee.  "Having been involved with marketing and growth
 endeavors throughout my career, I look forward to working with the iFormation
 team in getting new companies off the ground.  And, given my recent
 involvement in educational publishing, I'll be looking for ways of applying my
 interests to new business formation and growth in e-learning fields as well."
     Before joining iFormation Group, Candy was the President and CEO of Troll
 Communications, the major publishing and education company serving almost
 every American school, through programs for teachers, parents and students, as
 well as interacting directly with families at home.  Troll is one of the top
 two brand names with teachers in America.
     Prior to Troll, Candy spent 13 years with Harlequin Enterprises, a global
 company with 18 operating centers worldwide, distributing 200 million books
 per year in 23 languages in over 100 countries.  In her most recent role as
 Executive Vice President and Publisher in Toronto, Candy was responsible for
 all international operating divisions of the company.  Candy had worldwide
 editorial responsibility as Publisher and also oversaw all sales and marketing
 initiatives in North America.
     Candy's earlier experience includes eight years as Director and general
 manager of Marshall Editions, a London-based company that creates illustrated
 non-fiction for worldwide co-edition publishing.  She began her career as
 Manager for the largest publisher in Ireland, Mercier Press and Bookshops.
     Candy received a BA, cum laude, from Harvard University.  She has earned a
 master's degree and is currently working on a Ph.D. at Columbia University.
 
     About iFormation Group
 
     iFormation Group is a company created by the strategy consulting firm, The
 Boston Consulting Group, the technology venture capitalist, General Atlantic
 Partners, and the investment bank, Goldman Sachs, to carve new businesses out
 of traditional companies in partnership with the Global 2000.  iFormation
 Group teams with industry leaders to acquire, develop and build new Internet
 and technology businesses that leverage the corporate partners' legacy assets.
 iFormation Group's international network and management generates value for
 leading companies by emphasizing speed to market, core business development
 and deep technology expertise.
 
                     MAKE YOUR OPINION COUNT -- Click Here
                http://tbutton.prnewswire.com/prn/11690X56610326
 
 SOURCE  iFormation Group