Contact Information: Marcia Appel (952) 890-2362, ext. 117 Email Contact
BDC Capital, Inc. Announces Personnel Changes
| Source: BDC Capital, Inc.
MINNEAPOLIS, MN -- (MARKET WIRE) -- February 28, 2007 -- BDC Capital, Inc. (OTCBB : BDCN ) today
announced that David R. Pomije has resigned as its chief executive officer,
effectively immediately, to pursue private business interests.
Richard Pomije, BDC Capital founder and chairman, has resumed the
additional role of chief executive officer.
The company also said that Pierce McNally has rejoined its board, effective
March 26, 2007. McNally has extensive experience with small-cap, publicly
traded companies and private startup and emerging companies. An attorney
and experienced investment and merchant banker, McNally has been active
with start-up and small-cap growth companies in a variety of industries as
a banker, investor, adviser, officer and director. Currently, he serves as
director of several NASDAQ-listed and privately held companies throughout
the United States and as a director of Rainy River Resources, Inc., a
Minneapolis-based private investment company.
Long active in the Twin Cities civic and arts communities, he and his wife
have lived in the Minneapolis area since 1978. He is a 1971 graduate of
Stanford University and a 1978 graduate of the University of Wisconsin Law
School.
About BDC Capital, Inc.
BDC Capital, Inc., based in Burnsville, MN, is developing a nationwide
network of online communities for high school alumni, boosters and
students. Effective March 1, 2007, the name of the company will be
changed to DigitalTown, Inc. Any statements contained herein related to
future events are forward-looking statements and are made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform Act of
1995. Readers are cautioned not to place undue reliance on forward-looking
statements. BDC Capital, Inc. undertakes no obligation to update any such
statements to reflect actual events.