History

.......Founded in 1986, Evans Hagen & Company began its corporate life as a rescue and reorganization expert for struggling organizations. Over its lifetime, the company has grown from two to over a dozen consultants, with offices in both New York City and Millington, New Jersey . Through the late 1980's and early 1990's, Evans Hagen & Company was hired by the Board of Directors of struggling organizations to provide hands-on management expertise and financial advisory services to turnaround their failing companies. Some of Evans Hagen & Company's more notable successes are the corporate turnaround and reorganization of the following list of companies:

Communication Corporation of America (CCA): Evans Hagen & Company led CCA to escape bankruptcy and turn a $3 million prior year loss to profitability within five months of the acquisition.

RCA Business Telephone Systems (RCA) : Mr. Evans and Evans Hagen & Company professionals designed and executed an operating and strategic plan which eliminated a monthly cash flow deficit of $1 million and created a net positive cash flow showing an EBIT profit within three months of taking on the assignment.

Nynex Meridian Systems (NMS) : Evans Hagen & Company analyzed NMS's financial and operating problems, and recommended an action plan to rapidly improve the performance of the venture.

        Evans Hagen & Company's scope of work is certainly not limited to corporate turnarounds and restructuring. In fact, although corporate turnarounds and associated restructuring work are still a part of Evans Hagen & Company's repertoire, throughout the mid-to-late 1990's and into today, the company's corporate focus has gradually been shifting. This shift has come as the fortunes of the telecommunications industry have grown and changed into a dynamic force the likes of which have never before been experienced. Although Evans Hagen & Company still provides assistance with corporate rescue and reorganization efforts, its main focus now includes highly focused competitive and market analyses for some of the largest telecommunications firms in the world, as well as litigation support services and capital formation transactions. Some of the firms that Evans Hagen & Company has worked with include the FCC, Bell Atlantic (now Verizon), Verison, AT&T, WorldCom, Sprint, Bell South, GTE, Petek Holdings, Inc., and Global Crossing, among others.

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