Radio One, Inc. Hires Leslie C. Bauer as Chief Information Officer
Commenting on the hiring, Mr. Royster stated, "We are honored to have someone with Leslie's experience, background and knowledge join our company. She brings just the right mix of big picture thinking and hands-on experience that should add tremendous value to the enterprise. Additionally, her experience in a large, multi-site operation is consistent with the structure of Radio One and will allow her to provide immediate enhancement to our IT infrastructure, especially in concert with some significant hardware and software investments we will be making in this space throughout this year."
Radio One is the nation's seventh largest radio broadcasting company (based on 2000 pro forma revenue) and the largest primarily targeting African- American and urban listeners. Pro forma for all announced acquisitions and operating agreements, the Company owns and/or operates 65 radio stations located in 22 of the largest markets in the United States and programs five channels on the XM Satellite Radio System.
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Because these statements apply to future events, they are subject to risks and uncertainties that could cause actual results to differ materially, including the absence of a combined operating history with an acquired company or radio station and the potential inability to integrate acquired businesses, need for additional financing, high degree of leverage, granting of rights to acquire certain portions of the acquired company's or radio station's operations, variable economic conditions and consumer tastes, as well as restrictions imposed by existing debt and future payment obligations. Important factors that could cause actual results to differ materially are described in the Company's reports on Forms 10-K and 10- Q and other filings with the Securities and Exchange Commission.
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CONTACT: Robyn Goodwine, Assistant to the CFO, of Radio One, Inc., +1-301-429-2647 (ROIA ROIAK) http://www.prnewswire.com
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