April 18, 2000

Alston & Bird Partners to Co-Chair, Participate in “The Automotive & Consumer Electronics Industries Deal Making Summit"

Conference Will Focus on Structuring Alliances for In-Car Computing and Other IT Services

Americans collectively spend more than 500 million hours in their cars each week, and the average commuting time per day is 80 minutes. As the role that the Internet, wireless, and satellite communications plays in daily life grows ever larger, consumers are beginning to demand the latest in electronics and communications access not only in their homes and workplaces, but in their automobiles as well. Toward the goal of creating alliances and deals between the automotive industry and makers of information technology equipment, Alston & Bird LLP attorneys are participating in “The Automotive and Consumer Electronics Industries Deal Making Summit” to be held Thursday and Friday, April 27-28, 2000 at the Detroit Marriott Renaissance Center in Detroit, Michigan. Partner David E. Brown, Jr. will co-chair, while partners Frederick “Rick” M. Joyce and
W. Thomas Carter III will act as panel moderator and presenter, respectively.

Auto manufacturers will soon be offering their customers access to a spectrum of services never before seen, such as Internet services via cellular phones and satellite, electronic mail, new navigation tools, in-car satellite radio and video, as well as traffic updates. This conference will create a unique opportunity for business development between the automotive and IT, wireless, and telecommunications industries. Rick Joyce will moderate a panel entitled, “The Convergence of Telematics and the Auto Industry,” while Tom Carter will co-present on “Financing Your Vehicle Commerce Venture and Strategic Alliance Issues.” Other topics for discussion at the conference include:

Integrating Vehicle Commerce Into Your Business Development Strategy

The Car As The Mobile Office: Risks vs. Business Opportunity

Telematics and Positioning-based Commerce

Educating, Protecting and Communicating with the Consumer

Wireless Data Opportunities in the Personal and Commercial Vehicle

Overview of the Marketplace: The Auto Industry from an Internet Perspective

Market Outlook for Driver Services in the 21st Century

E-Commerce at the Pump: Selling Services with Gasoline in the 21st Century

Outsourcing: The Only Constant is Change

Structuring Deals: Supplier/Customer Dynamics in the Auto Industry

Identifying and Protecting IP Rights in Vehicle Commerce Deals

David Brown will also co-deliver the closing keynote address, entitled “An Overview: The New Road Map,” which will cover the market opportunities, strategic goals, and potential partners and vendors with respect to alliances between the automotive and consumer electronics industries. David E. Brown, Jr. is a partner in Alston & Bird’s Technology, Financial Services, and Internet and E-Business Practice Groups in Washington, D.C. Mr. Brown's practice focuses on electronic commerce, strategic alliances, mergers and acquisitions, and capital formation transactions, with emphasis on the technology, telecommunications and financial services industries and emerging growth companies. Mr. Brown is a frequent speaker on topics related to electronic commerce, strategic alliances, securities regulation, and M&A, and is widely published on a wide variety of topics, including strategic alliances and M&A. Frederick M. Joyce, a partner in the Firm’s Technology and Internet and E-Business Practice Groups in Washington, has practiced communications law for more than 20 years and was a founding partner of Joyce & Jacobs. His practice focuses on telecommunications, and encompasses domestic and international telecommunication regulations and transactions; new technology; intellectual property; civil/appellate litigation; and federal legislation. He has represented numerous businesses and entrepreneurs in FCC rulemaking proceedings, judicial appeals, and FCC spectrum auctions for virtually all types of domestic and international telecommunication companies. Mr. Joyce has counseled some of the nation’s largest interexchange carriers (long distance telephone service providers), radio paging and cellular radiotelephone operators, and wireless “local loop” carriers. He has also represented the nation’s largest cellular radiotelephone trade association, as well as various telecommunications user group associations. In addition, Mr. Joyce has written extensively on telecommunications issues, and is a frequent speaker on communications law. W. Thomas Carter III, partner in the Firm’s Technology, Financial Services, and Internet and E-Business Practice Groups in the Atlanta office, concentrates his practice primarily on public and private capital raising transactions, mergers, acquisitions and joint ventures in the technology and financial services sectors. In such transactions, Mr. Carter has acted as company counsel as well as advised underwriters, venture capital firms, and other financial advisors. In addition, he provides counsel on e-commerce and related technology initiatives, and broker/dealer activities of financial services companies. Alston & Bird's Technology and Internet and E-Business Practice Groups consist of corporate, antitrust, intellectual property, regulatory and litigation lawyers who focus on the legal challenges and opportunities facing high-tech, telecommunications and new media businesses. The groups’ representations include developers and suppliers of computer software, hardware and services; cellular, paging and personal communications service providers; cable and broadcast interests; biotechnology enterprises; venture capitalists; and companies engaged in major acquisitions or outsourcings of technology-related systems and services. The Firm’s Financial Services Group provides the key strategic, corporate and regulatory services required by banks, insurance companies and securities firms in this complex legal area. Alston & Bird is consistently ranked near the top of all law firms in financial services mergers and acquisitions, having been involved in over 300 transactions since 1981 with an aggregate deal value of over $50 billion. Alston & Bird advises some of the largest and most sophisticated financial institutions on difficult regulatory, legislative and corporate matters. A key component of the group's expertise is the delivery of products and services over the Internet and through the use of new technologies.
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Nicholas Clarke
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Phone: 212.210.1222
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