Press Room Item
Lambert, Edwards & Associates Acquires Investor Relations Technology Provider PDB Connect
02 May 07
Rebrands Virtual Management Presentation Product to Roadcast™
GRAND RAPIDS, Mich., May 2, 2007 – Lambert, Edwards & Associates (LE&A), Michigan’s largest investor relations firm, today announced the acquisition of Grand Rapids-based PDB Connect, one of the nation’s pioneers of virtual management presentations. Terms of the agreement were not disclosed.
Following the acquisition, PDB Connect will undergo a re-branding campaign and operate under the name Roadcast™ Group. PDB Connect co-founders Bob Dentzman and Flip Mulliner will remain as partners in Roadcast™, serving as general manager and executive producer, respectively.
Roadcast comprises a suite of online and video-based investor relations and corporate communications tools and services. Through its extensive distribution network, on-demand features and ease-of-use for investors, Roadcast is an efficient and innovative tool for reaching individual and institutional investors, and marks a significant enhancement to traditional in-person roadshows and presentations. The Roadcast products provide an unparalleled, qualitative insight to management using a one-on-one meeting approach, while providing key company financials at the investor’s convenience. Roadcast clients and distribution partners span national players such as NASDAQ and BetterInvesting.org (formerly the National Association of Investors Corp.), as well as companies like Spartan Motors and Mercantile Bank.
“This investment is an opportunity to scale this innovative corporate communications technology platform to the national level,” said Jeff Lambert, founder and president of LE&A. “I am thrilled to be joining forces with fellow West Michigan entrepreneurs as we bring this ground-breaking communications medium to investment professionals and better serve the outreach needs of public companies.”
Bob Dentzman added: “We are delighted to partner with LE&A to build the Roadcast brand. By combining our existing technical expertise and distribution relationships with LE&A’s geographic reach, marketing strength, and extensive experience in investor relations, we expect to accelerate our business on a national level.”
About Lambert, Edwards & Associates
Lambert, Edwards & Associates (www.lambert-edwards.com) is West Michigan’s leading public relations firm and the largest investor relations firm in the state, serving more than 80 clients in 19 states. Based in Grand Rapids, LE&A works extensively with middle-market companies and national brands in three primary practice groups: Business & Financial Communications, Healthcare & Technology, and Consumer.
About Roadcast™ Group
Roadcast™ Group offers a proprietary suite of online and video-based investor relations and corporate communications tools and services to clients nationwide. The company’s innovative Roadcast technology and extensive distribution reach allow corporations to communicate their story to investors and other key stakeholders any time and any where.
