ITF GLOBAL PARTNERS OPENS HOUSTON OFFICE AND NAMES RICHARD AROLD AS MANAGING DIRECTOR

ITF Global Partners, providers of financail resources and knowledge capital, opens a Houston office to be headed up by Richard Arold.

HOUSTON, (PRWEB) May 9, 2003 – Richard Arold, a recipient of the David Ogilvy Award from the Advertising Research Foundation for research excellence in support of successful advertising campaigns, has joined ITF Global Partners as Managing Director in the recently opened Houston, TX office.

In the Houston office, Arold will be responsible for enhancing local enterprises by envisioning strategy and solving business problems. The office will have the full resources of ITF to carry on the integrity, vision and strategy - the basic principles on which ITF Global Partners was founded in 1990.

Arold brings to ITF an impressive 25 years of experience in virtually all aspects of the business enterprise; including innovative solutions in areas of mergers, acquisitions, divestments, marketing, operations, software development and chemical research. In addition, he has been responsible for development of Strategic and Tactical plans.

With Richards broad experience and expertise our new office in Houston will be a driving force for our National and local clients", said Barnett Suskind, Chairman and Managing Partner of ITF Global Partners.

Prior to joining ITF Global Partners, Arold was Managing Director at NeuroCorp in Houston, where he introduced innovative Geographic Information System solutions to network planning and artificial intelligence to revenue forecasting. He also held managerial and supervisory positions with Texaco, W.R. Grace, Superior Fiber Products, Quaker Oats, and Franklin Chemical Industries, where he developed optimized production planning methods for consumer products.

Arold holds an MBA in Operations Research from the Wharton Graduate Division, University of Pennsylvania, graduating in the top 25% of his class. Arold also completed his MS and BS in Chemical Engineering from MIT.

About ITF Global Partners
Founded in 1990 by Barnett Suskind, ITF Global Partners began as a traditional Investment Bank and grew into a firm that provides financial resources and knowledge capital to carefully selected clients. ITF Global Partners helps companies define their strategies and devise their tactical plans while simultaneously arranging for access to capital to accelerate the company's growth. ITF has assembled a diverse group of highly credentialed, broadly experienced individuals, called "TeamITF", with deep industry knowledge and operational experience. ITF Global Partners serves clients through its extensive worldwide organization, with offices throughout the US, Europe and Asia. For more information, visit www.itfgp.com.

ITF U.S.: New York (head office), Atlanta, Boston, Chicago, Denver, Houston, Los Angeles, Miami, Washington
ITF Result/Europe: Amsterdam, Copenhagen, Hamburg, Helsinki, London Madrid, Oslo, Rio de Janeiro, Stockholm
ITF Asia: Singapore, Tokyo

Media Contact Only: Keisha Salmon, Solieworks, Inc. (718) 330-0508, or keisha@solieworks.com