January 28, 2005

Contact: J. Patrick Michaels, Jr.
(813) 226-8844


CEA Completes $5.1 Billion in Transactions in 2004.

Tampa, Florida-based Communications Equity Associates (CEA) and its European partnership, goetzpartners, announced that the firm completed thirty-two (32) investment banking and corporate finance transactions totaling in excess of $5.1 billion in volume in 2004.  Additionally, CEA also handled a number of consulting and evaluation projects both domestically and overseas.

J. Patrick Michaels, Jr., Chairman and CEO stated, “The investment banking business continues to improve for CEA both in the United States and internationally.  We have also broadened our platform through the merger of CEA-Europe and its associated consulting firm, Transconnect, into a new venture, goetzpartners, headed by my long-time partner and friend, Dr. Stephan Goetz.” 

goetzpartners, operating from offices in several European countries, provides corporate finance and investment banking services along with consulting services to a number of industries including media, entertainment and telecommunications. CEA also continues to complete transactions in other parts of the world in addition to the United States and Europe including Japan, Guam, Brazil and Mexico.

CEA’s affiliates also manage, co-manage or participate in a worldwide family of private equity funds with committed capital of approximately $1.15 billion for private equity investments in the industries CEA serves. According to CEA Vice Chairman, Harold Ewen “CEA’s private equity funds continue to perform well worldwide with an average ROI on realized investments of approximately 37.5% across all ten funds.”

About CEA

Founded in 1973, CEA is a leading provider of investment banking services and private equity to the global media and entertainment, communications and information technology industries.  With a team of highly experienced personnel worldwide, CEA has an unequaled depth and breadth of industry knowledge, expertise and long-standing industry relationships.  CEA has completed over 900 transactions totaling $40 billion in 60 countries. CEA’s international reach is extended to key markets including Munich, London, Madrid, Paris and Prague through its European partnership, goetzpartners.  CEA’s reputation and track record of success are built on delivering innovative, value-added solutions and services to clients worldwide. CEA Media Group, LLC is a member of the NASD and SIPC.