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THE WHITE HOUSE

                     Office of the Press Secretary
                         (Cartagena, Colombia)
________________________________________________________________________
For Immediate Release                                    August 30, 2000

PRESIDENT CLINTON NAMES FRANK SOARES TO THE NATIONAL VETERANS BUSINESS

DEVELOPMENT CORPORATION

The President today announced his intent to appoint Frank Soares to serve as a member of the National Veterans Business Development Corporation.

Mr. Frank Soares, of Freedom, Maine, has served since 1995 as the State Director of the Bureau of Veterans Services of the Maine Department of Defense, Veterans and Emergency Management. Recently, he was selected as the 1999 Maine Small Business Administration Veterans Advocate of the Year. As State Director of the Bureau of Veterans Services, Mr. Soares manages seven field offices and two central offices, the cemetery system, and serves as the ex-officio member of the Maine Veterans Homes Systems. He also advises the Commissioner and the Governor on matters relating to veterans. Mr. Soares has served in many command, leadership, and staff positions in the U.S. Army and in the Maine Army National Guard. He has received the Legion of Merit award and two awards for valor in combat in Vietnam. He has served on numerous boards and councils for veterans and retired service members and he has organized and run a successful private consulting firm specializing in organizational development of small local companies.

Mr. Soares received both B.S. and M.S. degrees in business from Husson College.

The members of the National Veterans Business Development Corporation are charged with the responsibility of expanding the provision of and improving access to technical assistance regarding entrepreneurship for the Nation's veterans. The Corporation will further assist veterans, including service-disabled veterans, with the information and expansion of small business concerns by working with and organizing public and private resources.

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