CALAMOS Appoints Goldman as New Regional Sales Director


NAPERVILLE, Ill., June 6, 2000 (PRIMEZONE) -- John P. Calamos, President and Chief Investment Officer of CALAMOS ASSET MANAGEMENT, INC., has announced the addition of Herb Goldman as Vice President, Regional Sales Director on the West Coast for the firm.

Herb has a BBA degree in business from City University of New York and most recently was a regional vice president with Dreyfus Investments in the Los Angeles area. He has additional career experience with Alliance Capital and Merrill Lynch and a total of 15 years of experience in the investment industry. He holds Series 7 and 63 securities licenses and a life/disability license.

Commenting on the hiring, Calamos said, "We are excited that Herb has joined us. In the current market environment of moderate inflation and high volatility, advisors are finding convertibles to be an attractive alternative for their clients' fixed income portfolios, while allowing them to participate in potential equity-like returns. Herb's experience as a financial consultant is an asset to the firm, giving him a true insider's understanding of the challenges faced by today's investment professionals. We look forward to Herb sharing his enthusiasm for the CALAMOS convertible story with West Coast financial consultants."

About CALAMOS ASSET MANAGEMENT, INC.

CALAMOS ASSET MANAGEMENT, INC. is an independent asset management firm specializing in convertible bond research and management. Headquartered in Naperville, Illinois, CALAMOS provides professional money management services to clients that include major corporations, public and private institutions, pension funds, insurance companies and individuals. The firm has experience in convertible bonds since 1977 and currently manages approximately $5.5 billion in assets. The firm also is investment advisor to a family of six mutual funds.

RE: CALAMOS Convertible Fund (CCVIX) CALAMOS Growth and Income Fund (CVTRX) CALAMOS Market Neutral Fund (CVSIX) CALAMOS Growth Fund (CVGRX) CALAMOS Global Growth and Income Fund (CVLOX)



            

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