President Bush Selects CACH Founder as Special Envoy to the OIC

Sada Cumber to Serve as U.S. Representative to the Organization of the Islamic
Conference

AUSTIN, Texas, March 4 /PRNewswire-USNewswire/ -- CACH Capital Management,
LLC, announced today that the firm's founder, Sada Cumber, was appointed by
President George W. Bush to be the Special Envoy to the Organization of the
Islamic Conference (OIC). Mr. Cumber assumes his duties effective March 3,
2008.
Sada is appointed as the chief U.S. representative to the global Islamic
community when sovereign wealth funds of many Muslim countries have been
pouring into the United States. Cumber's background at CACH Capital gives him
a keener insight into how such economic integration affects the political and
cultural relationship between the U.S. and the Muslim world.
Former Texas Secretary of State Geoffrey S. Connor, CACH Chairman; Michael
J. Hundley, President and CEO of CACH; and Al Amlani, CTO, founded the wealth
management firm along with Mr. Cumber. The remaining three founders along with
the executive team will manage the company in Mr. Cumber's absence.
"Sada and his wife Muntaz are dear friends, and I couldn't be happier for
them," states Connor. "The nation is fortunate that Sada Cumber is willing to
serve in this important position."
Prior to his appointment, Mr. Cumber's litany of successes included
founding 11 technology companies and, most recently, CACH Capital Management,
a wealth management firm based in Austin, Texas. His business acumen,
expertise in global strategy and political insights make him a powerful
corporate leader and advisor to numerous economic development boards,
including the Board of Directors of the Texas Economic Development Board (a
$300 million fund), the Texas Emerging Technology Fund (a $200 million fund),
the 15th World Congress on Information Technology and the Texas Business
Council.
"I know Sada as an insightful, fair-minded and decisive leader who will
make an excellent liaison to the OIC," comments Hundley. "Although he has been
an American citizen since 1986, Sada was born in Pakistan. He understands the
Islamic community as well as the common political, economic and social
concerns that could join the American and Muslim cultures."
Sada Cumber is the first U.S. ambassador to the intergovernmental
organization, which promotes Muslim solidarity in social and political
affairs.
About CACH Capital Management, LLC
For more information, visit http://www.cachcapital.com
SOURCE CACH Capital Management, LLC

Cynthia A. Baker of Accolades Public Relations, +1-512-795-2353,
+1-512-586-8278, cell, Cynthia@AccoladesPR.com, for CACH Capital Management,
LLC