Firm to Focus on Assisting Troubled High-Tech Companies

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) March 5, 2009 -- Press Release
For immediate release
San Francisco, CA- Wednesday, March 04, 2009

Media Contacts:

Joseph Karwat
Managing Partner
The Vertical Action Group
415-462-0263
jkarwat.verticalaction.com

Doug Halperin
The Vertical Action Group
510-593-3723
Managing Partner
dhalperin@verticalaction.com


Firm to Focus on Assisting Troubled High-Tech Companies

The Vertical Action Group has been formed by experienced high-tech executive business professionals to work with troubled high tech companies. “There are numerous firms that have simply run out of steam, and are just treading water right now”, said Joseph Karwat, Managing Partner, “these firms need new business and financial strategies to turn them into successful companies”.

When enterprise value over time is stagnant or diminishing, it’s often due to structural issues which have become ingrained into the fabric of a troubled company. Existing management generally does not have all the skill sets to cope with a new reality.

“Replacing one or two executives simply will not turn the company around in time”, said Doug Halperin Managing Partner, “a quick turnaround requires swift action on a number of fronts. Marketing, Legal, Finance, Operations, and Personnel all need to be addressed simultaneously. We have an experienced team that can do that”.
Typical engagements run 3 to 12 months and result in either the company being sold or new management and business strategies installed such that shareholders’ and management’s expectations for increasing enterprise value over time are being met.

For more information contact The Vertical Action Group at www.verticalaction.com.

About The Vertical Action Group

The Vertical Action Group works with troubled high-tech companies. The Group provides experienced interim executive management and turnaround consulting services to small and mid-sized firms. Extensive contacts in business and finance, enable the Group to quickly engineer turnaround situations where new management, or new marketing, sales, or financial strategies need to be developed and implemented. Partners and Associates have extensive experience with start-ups and Fortune 500 companies such as: Lithium Technologies, E-Fax Communications, Bank of America, MovingBytes, Financial Visions, Pictopia, Capital Technologies, and Ikon Office Solutions.
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