HomeMy WebLinkAboutExhibit 25o lPA Y. '111-40-1100110::.
Fuel Outdoor focuses on developing various outdoor
advertising opportunities including billboards, �� : >
wallscapes, backlit display panels and temporary ,' {' .; ' ;, '
construction scaffolding. Today, a once small t s ra "
entrepreneurial company has become the fastest !s a +
growing company in the Out -Of -Home sector. In ; !? r = I
December 2005, Fuel Outdoor announced its sale
to Och-Ziff Capital Management, a global asset r'., I �r
management firm with over $18 billion of capital under
management.
Fuel is a portfolio company of Och-Ziff. With new
institutional capital in place, Fuel named industry
veteran, Michael Freedman as its CEO and empowered
him to develop Fuel's growth strategy.
In April 2006, Fuel expanded into the San Francisco market with it's acquisition of Ink On the Wall, Inc.
The company's assets are fully permitted wallscapes located in sought after areas such as SoMa and the
Marina District. Upon closing the purchase, Fuel seamlessly assumed all aspects of the management of the
business, including sales, operations and real estate management.
August 2006 saw Fuel acquire Metro Lights Outdoor Media which expands the company's inventory into
7 states and 8 of the top 15 DMA's in the United States. Backlit Metro Light panels and wallscapes are in
New York (#1), Los Angeles (#2), Chicago (#3), Philadelphia (#4), San Francisco (#5), Boston (#6), and
Washington D.C. (#8). These additions confirm Fuel's position as the fastest growing out -of -home advertising
company in America and provide excellent leverage for further expansion throughout North America.
Fuel Outdoor LLC. was formed by entrepreneurs Seth
Lippert and Sergio Fernandez de Cordova to build a
traditional Out -Of -Horne ("OOH") media company that
provides out of the box ideas and solutions in the New
York City metropolitan market. Fuel quickly developed
a portfolio of sought after bulletins, wallscapes, and
temporary construction scaffolding. The company
furthered its success by assembling a core and
experienced management team of top Out -Of -Home
sales, finance, operations and real estate development
executives furthered the company's success.
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FUEL AND t T CITY OF MIA
Fuel's management team is led by industry veteran
Mike Freedman and is bolstered by a board that
includes both Metro Lights founder Mark Van Fossan
and former TDI CFO Joel Rudenstein. Freedman,
Van Fossan, and Rudenstein collectively have over
75 years of experience founding, growing, and
operating various Out -of -Home media companies
both domestically and internationally.
Mike has brought together a management team with
broad based experience in all aspects of the out -of -
home industry. From finance and accounting, to sales,
marketing, operations, real estate, and government
relations, Fuel's management team has all of the
requisite capabilities to seamlessly assume the Miami
bus bench concession in a culturally sensitive manner
taking into account the culturally diverse needs of the
various sectors of the City of Miami that this important
concession serves.
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FUEL'MA
iGElt �, :...
MICHAEL A. FREEDMAN
Chief Executive Officer & Member of the Board of Fuel Outdoor Holdings LLC
Mr. Freedman is an original founder of Pacific
Media; he led the management team that grew
Pacific Media into the largest Out -Of -Home media
company in Japan that held 15% of the market share
in a highly fragmented market. In 1996, Mike was
instrumental in selling control of Pacific Media K.K.
to Catalina Marketing Corporation (NYSE-POS) in
exchange for cash, and Catalina's business in Japan.
From 1996 through July 2003, Mike had overall
management responsibility for both Pacific Media K.K.
and Catalina Marketing Japan K.K., both of which
grew over that period to become major players in their
respective industry segments in Japan. Mr. Freedman
is a cum Iaude graduate of Harvard College with an AB in East Asian Studies.
SETH LIPPERT
President
Mr. Lippert is a co-founder of Fuel Outdoor LLC and serves as the President of the Company. Prior
to Fuel, he co-founded InkLadder Media LLC, an interactive media company. Seth also spent a
number of years working as a business analyst and investment advisory associate for Lebenthal
Asset Management Inc. He is a graduate of Rowan University with a Bachelors of Science in
Business Administration.
SERGIO FERNANDEZ DE CORDOVA
Executive Vice President of Rea! Estate
11511
4101
Sergio Fernandez de Cordova is a co-founder
of Fuel Outdoor LLC and serves as the head of
Real Estate. Prior to his involvement with Fuel,
Mr. Fernandez de Cordova was an advisor for TD
Waterhouse Group Inc. He co-founded InkLadder
Media, LLC with Mr. Lippert, where he served
as the Director of Sales and Public Relations.
Mr. Fernandez de Cordova founded and still
operates The Edgewater Residential, a New
Jersey monthly newspaper with an estimated
circulation of 25,000. He is a graduate of
Rutgers University with a Bachelors of Science in
Sociology.
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AHDO DcU.'
OAPf` 1L CF EH'
Och-Ziff Capital Management is a global institutional asset management firm with over $18 billion under
management and over 200 employees worldwide. Founded in 1994 by Daniel S. Och, Senior Managing
Member, in partnership with Ziff Brothers Investments, the firm has a global presence through offices in New
York, London, Hong Kong, Bangalore & Tokyo. Och-Ziff seeks consistent, long-term returns for investors by
focusing on corporate investments across a range of strategies and geographies
Private Investments
• Och-Ziff has invested in privately -negotiated transactions throughout its history,
committing over $2 billion of capital in more than 50 transactions to date
® Approximately 20% of total current assets under management (-- $3.0 billion) can be
deployed in privately -negotiated transactions
• Transaction opportunities sourced through deep, long-term relationships with
intermediaries, corporations and management teams
• Fundamentals -driven investment philosophy drawing on industry and product
specialists across the Firm
• Partnership approach to working with corporations, management teams and sponsors
• Dedicated teams in New York, London and Hong Kong, Banglore and Tokyo
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Within this package, you will find a quick
synopsis of, Fuel Outdoor's billboard, signage and
scaffold advertising programs, There is no liability or
labor required from the building owner for any of these
different types of signage.
Fuel Outdoor offers the facilitation and management
of outdoor advertising, including the research and
labor involved with obtaining and constructing
these structures, so that you, the building
owner, can effortlessly profit from the resulting income
stream and at the same time share in the upside
potential of these signs.
Fuel manages and sells ad space on your
billboard, including contracting advertisers and
performing the scheduling/programming of content
on the board. Fuel also handles the installation,
maintenance and management of your structure
from start to finish. This includes, but is not limited to,
obtaining licenses, permits and expert architectural
and engineering consultation.
Fuel handles the following:
• Identifying the potential value of building sites
• Performing a site analysis i.e. Foot and vehicle traffic, identifying zoning restrictions and
municipal codes, etc,
• Facilitating all necessary city applications, permits and variances
• Pre -selling the ad space during construction
• Overseeing construction of the structure
• Purchasing any required insurance(s), licenses
• Supervising the design, programming and maintenance of the billboard
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N_..YIdNAI ADVf14I06$:..
Let Fuel work to ensure you get the most money for your site. Here are a few of the National
Advertisers Fuel has linked with property owners.
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Microsofi
Office
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ROLEX
Bank of America •�
Kenneth Cole
NEW YORK
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INF "' ' CHASE()
OLYMPUS
AIM E IRIC VISA virgin
EXPII atlantic
Nikon
JORDA HE'
VINIAn
rams
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HSBC D
LOUIS VUITTON
C011VER5E
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AAG MANAGEMENT INC
BOYMELGREEN DEVELOPERS
EBM DEVELOPMENT CO.
FEIL ORGANIZATION
FREDERIC KANTOR & COMPANY
GVA WILLIAMS
JEFFREY MANAGEMENT COMPANY
KAUFMAN MANAGEMENT CO.
MACY'S EAST
MAXWELL KATES INC.
NEWMARK & CO REAL ESTATE
OLMSTEAD PROPERTIES
RUDD REALTY
RUDIN MANAGEMENT
SHASTONE CORPORATION
SILVERSTEIN PROPERTIES INC
S1TT ASSET MANAGEMENT, LLC
STOLLER GROUP INC
THE LOVETT COMPANY
THE MOINIAN GROUP
RECKSON ASSOCIATES
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