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In a news release, InterClick (OTCBB: ICLK) said it appointed Stevs D. Rubin to its advisory Rubin, a member of the Frosf Group, was previously an executive at drug makedr until the company was Rubin has executive or board positions at handfup of companies in whicyh the Frost Grouphas investments, includinyg Miami-based (AMEX: OPK), Miami-based (OTCBB: SFES) and Plantation-basedd (NYSE: DRJ). InterClick, which had a $6.6 million loss on $22.5 millionm in revenue in 2008, runs an online advertisingh platform that uses advanced behaviorapl targeting anddata tracking. It aims to help advertisers identift and track theirdesired audience.
“I am gratifieds that an accomplished investor suchas Dr. Frost has recognized through his investment our accomplishments to date in the relativelyh short time since we have been a public and has demonstrated his confidence in the future direction ofthe company,” InterClick CEO Michael Mathews said in a news “I look forward to workinfg closely with his team as we enter the next phaswe of our growth.” In another deal announced a merger between privatelyu held San Diego-based Sorrento Therapeutics and Miami-basee shell company (OTCBB: would go through with support from Frost-lefd affiliates. The deal requires a $2 million investment.
Opko alread y owns shares of Sorrento, whichg is a development-stage compang that will stay in San The Frost Group has investedx morethan $160 million in companiesx and technologies since it started in 2006. Amon his other roles, Frost is chairman of Miami-baser (AMEX: LTS), vice chairman of Israel-based and a director of both NOC) and Miami-based (AMEX: CNU). On news of the InterClick shares closed up a pennyto $1.59. The 52-week high was $3.4 9 on July 17, 2008. The 52-weeik low was 45 cents on Dec. 16.
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