Cabletel Announces Appointment of John Discenza as VP and General Manager of Stirling Connectors.Business Editors/Technology Writers MARKHAM, Ontario--(BUSINESS WIRE)--June 24, 2002 Cabletel Communications Corp. (AMEX AMEX See: American Stock Exchange : TTV TTV Transfusion Transmitted Virus TTV Total Thickness Variation (semiconductor wafer planarity) TTV TechTV TTV Total Transaction Value TTV Tapping the Vein (band) TTV Target Test Vehicle ; TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : TTV), the leading distributor of broadband equipment to the Canadian television and telecommunications industries, today announced the appointment of John Discenza to the position of Vice President and General Manager of its Stirling Connectors subsidiary. Reporting to Greg Walling, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Cabletel, Mr. Discenza's guidance is expected to help accelerate Stirling's growth and profitability. Mr. Discenza has over 25 years of experience in the communications market and has held positions in research and development, sales, marketing and business development. Prior to joining Stirling Connectors, he was responsible for the management and business development at the Communications Group of Thomas & Betts, Canada. "John has developed an extensive network of contacts among end users and manufacturers of Telephony and CATV (Community Antenna TV) The original name for cable TV. It used a single antenna at the highest location in the community in order to deliver a quality signal to homes in areas with hilly terrain or other interference. products. His understanding of the technology and business drivers position him to become a key contributor to Stirling's growth," said Greg Walling. Cabletel Communications offers a wide variety of products to the Canadian television and telecommunications industries required to construct, build, maintain and upgrade systems. The Company's engineering division offers technical advice and integration support to customers. Stirling Connectors, Cabletel's manufacturing division supplies national and international clients with proprietary products for deployment in cable, DBS (Direct Broadcast Satellite) A one-way TV broadcast service from a communications satellite to a small round or oval dish antenna no larger than 20" in diameter. and other wireless distribution systems. More information about Cabletel can be found at www.cabletelgroup.com. This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of risks and uncertainties impacting the Company's business including increased competition; the ability of the Company to expand its operations through either acquisitions or internal growth, to attract and retain qualified professionals, and to expand commercial relationships; technological obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. ; general economic conditions; and other risks detailed time to time in the Company's filings with the Securities and Exchange Commission. --30--md/ny* csm
CONTACT: Cabletel Communications, Markham
Greg Walling, 905/475-1030
or
Ron Eilath, 905/475-1030
KEYWORD: CANADA
INDUSTRY KEYWORD: TELECOMMUNICATIONS TELEVISION/RADIO
MANAGEMENT CHANGES
SOURCE: Cabletel Communications
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