HAWK HOLDINGS

Hawk Holdings, LLC ("Hawk") is a strategic alliance between Qwest Communications International Inc. ("Qwest") (NYSE: Q) and Baxter Investments, LLC designed to rapidly accelerate the growth and maturation of Internet businesses. Hawk’s strategic and operational experience, complemented by Qwest’s enhanced broadband services, uniquely positions Hawk as a powerful partner to assist in the execution of Internet-based business models. Hawk’s management expertise is drawn from a team of former ... senior executives of Comdisco, Credit Suisse First Boston, EDS, Geocapital Partners, and Qwest. As an operating company, Hawk is acquiring equity positions in organizations in exchange for operational assistance, strategic relationships and capital. Based on this operating-centric, holding company structure, Hawk believes it has developed a long term, sustainable business model and strategy. As the Internet market matures, Hawk will adapt to fluctuations in the market and expand its approach to include acquisition and consolidation. This operating philosophy is not unlike those of major holding companies such as General Electric.More