Cable Satisfaction International Inc. Announces Management Change.Business Editors LONGUEUIL, Canada--(BUSINESS WIRE)--March 26, 2002 Fernand Belisle, Chairman of the Board of Cable Satisfaction International Inc. ("Csii") (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CSQ CSQ Certificat de Sélection du Québec (Quebec selection certificate; immigration document) CSQ Carrier Squelch (radio, scanner) CSQ Customer Satisfaction Questionnaire .A.) announces the appointment, effective immediately, of Jean-Charles Dagenais as President and Chief Executive Officer of Csii. Mr. Dagenais succeeds founder Guy Laflamme who has led Csii through its critical network deployment phase to its current position as a rapidly-growing competitive provider of telecommunications services in Portugal. Mr. Laflamme resigned from his position as president and chief executive officer and as a director of the company during Csii's Board of Directors meeting held today. A telecommunications industry veteran recognized internationally for his expertise in broadband networks You can assist by [ editing it] now. , Mr. Dagenais has been a director of Csii since 1999 and served the Company most recently as Executive Advisor, Engineering and Technology. Until stepping down in 2001, he held positions of increasing responsibility during a 30-year career with Groupe Videotron, including executive vice-president of subsidiaries Videotron and Videotron Telecom. He will continue to be a member of Csii's Executive Committee, chaired by Mr. Belisle, and which also includes J.V. Raymond Cyr, a director of the Company and former senior executive of Bell Canada Bell Canada Enterprises (TSX: BCE, NYSE: BCE), legally BCE Inc., is a major Canadian telecommunications company. Through its subsidiaries including Bell Canada, Bell Aliant, Northwestel, Télébec, and NorthernTel, it is the incumbent local exchange carrier for and BCE BCE abbr. 1. Bachelor of Chemical Engineering 2. Bachelor of Civil Engineering BCE Abbreviation for before the Common Era. . "On behalf of the Board and all shareholders, I wish to acknowledge Guy's exceptional leadership in building Csii into a dynamic broadband communications company. Guy is an entrepreneur at heart, driven by a fierce determination and guided by a keen eye for creating value. He has been successful in Canada, Guadeloupe and Portugal - and we wish him well in his future ventures," said Mr. Belisle. Commenting on his departure, Mr. Laflamme stated: "Since the annual meeting of May 2001, I have gradually withdrawn from operations to focus on business development. The national fiber ring network in Portugal is built, subscriber growth is accelerating, we turned EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become positive in the third quarter last year, and our subsidiary is doing well. As an entrepreneur, I'm satisfied that my job at Csii is done and I can now move on to new challenges." About Csii Csii builds and operates large bandwidth (750 MHz (MegaHertZ) One million cycles per second. It is used to measure the transmission speed of electronic devices, including channels, buses and the computer's internal clock. A one-megahertz clock (1 MHz) means some number of bits (16, 32, 64, etc. ) hybrid fibre coaxial (HFC 1. (networking) HFC - Hybrid Fiber Coax. 2. (hardware) HFC - hydrofluorocarbon. ) networks and, through its subsidiary Cabovisao-Televisao Por Cabo. S.A., provides cable television, high-speed Internet access, telephony and high-speed data transmission services in Portugal. |
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