Steven Rockefeller, Jr. Joins Sparta Commercial Services Advisory Council
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NEW YORK, NY, Apr 20 (MARKET WIRE) --
Sparta Commercial Services, Inc. (OTCBB: SRCO), the New York-based
nationwide financial services company exclusively dedicated to the
powersports industry, today announced the appointment of Steven C.
Rockefeller, Jr., a prominent figure in the emerging business sector, as
a member of the Sparta Commercial Services, Inc. Advisory Council.
Rockefeller currently serves as a consultant, advisor, and/or straight
equity partner for a number of emerging companies in a variety of
industries, including real estate, commercial banking, renewable energy
and asset management, among others. His interests are managed through
Re-echo Holdings, LLC. Prior to his involvement with early stage private
equity activities, Rockefeller served as Managing Director for Deutsche
Bank Private Wealth Management, where he also focused on small business
loans through the creation of the Deutsche Bank Micro-credit Development
Fund. Rockefeller received a Fulbright Award for his dedicated service in
poverty alleviation, serves on the corporate boards of BioChemics, Tracer
Imaging, and Augment Communications, and is a member of the Rockefeller
University Council.
Commenting on Rockefeller's appointment to the company's Advisory Council,
Anthony Havens, Sparta's CEO, said, "We are extremely pleased and
enthusiastic about Mr. Rockefeller joining our team. He brings an
outstanding wealth of experience and a unique depth of knowledge that we
know will add considerably to the talent and expertise already within our
company. His strong background with emerging companies will be of great
value to us as Sparta seeks to expand its market share in the financial
services sector of the powersports industry. We know that his contribution
to our growth will be significant."
As the latest addition to Sparta's Advisory Council, Rockefeller will be
joining Jack D. Cowles, Managing Director of JDC Consulting, a senior
level management consulting services company based in New York, who is
also a private investor in a variety of growth businesses, and a member
of the Board of Directors of EnerTeck Corporation; Christopher J. Kennan,
a private investor, who has worked for and advised various individuals,
including David Rockefeller, Sr., is currently a member of the Council on
Foreign Relations (NYC), and is Chairman of the Kennan Council at the
Woodrow Wilson International Center for Scholars in Washington, D.C.; and
Reed S. Kean, an owner and operator of KW Commercial Realty-MTD Realty
Group of Maplewood, NJ and Keller Williams Mid-Town Direct Realty, with an
earlier background as a Financial Advisor with Prudential Securities and
in Capital Asset Management for Smith Barney Asset Management. Kean also
served on the Finance Committee of Kean for Senate (NJ).
This press release contains 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. Such statements are valid only as of
today and we disclaim any obligation to update this information. Actual
results may differ significantly from management's expectations. These
forward-looking statements involve risks and uncertainties that include,
among others, risks related to potential future losses, obtaining,
satisfying terms of, and amount of credit lines, competition, financing
and commercial agreements and strategic alliances, seasonality, potential
fluctuations in operating results and rate of growth, management of
potential growth, system interruption, consumer and industry trends,
limited operating history, and government regulation. In light of the
significant uncertainties inherent in the forward-looking statements
included herein, the inclusion of such information should not be regarded
as a representation by the Company or any other person that the objectives
and plans of the Company will be achieved.
Dick Trotter
COO
Sparta Commercial Services, Inc.
(212) 239-2666
Copyright 2009, Market Wire, All rights reserved.
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