CommcoTec Names Michael Heil President and Chief Executive Officer.

STAMFORD, Conn.--(BUSINESS WIRE)--April 29, 1999--

Brings Outstanding Track Record as Former Head of Worldwide Sales

and Marketing at Compaq and President of LA Cellular

Company to Create IP-based Network Providing Businesses

End-to-End Broadband Connectivity Platform For E-Business

The Board of Directors of CommcoTec Corporation, a newly formed data-oriented Competitive Local Exchange Carrier (CLEC) communications company that provides end-to-end, broadband data services to businesses, today announced that Michael D. Heil has been named President and Chief Executive Officer.

Utilizing its nationwide set of FCC licenses to provide wireless "first-mile" connectivity, CommcoTec is building a nationwide Internet Protocol data network which will offer high speed data services to the 95% of U.S. businesses not currently connectable to fiber optic networks. CommcoTec's bandwidth-on-demand data speeds, Internet access, long distance and local voice, data security and web-based services are targeted to make these Internet Protocol (IP) features easily available to these mainstream U.S. businesses.

Heil, 51, brings a strong sales and marketing performance and high-growth business management experience. Heil previously served as Senior Vice President and General Manager of Worldwide Sales and Marketing for Compaq Computer. In this position, Heil was responsible for Compaq's worldwide sales and marketing service and support.

"Mike possesses an intimate working knowledge of advanced data networking applications and a proven ability to employ innovative marketing and sales efforts to achieve significant and sustained growth," said CommcoTec founder and Chairman Scott Reardon. "Mike is an outstanding choice to lead CommcoTec as we move to implement an innovative end-to-end, high-capacity network which will provide businesses nationwide a previously unavailable solution to their broadband and e-commerce needs. We are extremely pleased to welcome Mike to the CommcoTec team."

"CommcoTec is an exciting and highly innovative Company because its combination of an IP network and high-capacity "first-mile" connectivity is unique," said Heil. "CommcoTec is solidly positioned for growth in the dynamic `last mile' communications sector. As e-commerce and web-based applications accelerate, driving increased demand for broadband connectivity, CommcoTec will be positioned to offer businesses flexible, secure bandwidth and a variety of complimentary services. I look forward to working with Scott and the entire CommcoTec team to help the Company achieve its extraordinary potential in the years ahead."

CommcoTec's nationwide set of FCC licenses use spectrum in the 38GHz microwave band over a footprint that covers the major U.S. markets, reaching 189 million of the total U.S. population. Small-to-medium size businesses represent CommcoTec's primary target customer-base for their integrated data and voice services.

Heil joined Compaq in 1995 as Senior Vice President and General Manager of Compaq's Consumer Products Division, which included the worldwide development and marketing of all products and services for the consumer marketplace and the expansion of Compaq's worldwide retail distribution network. Under his 2-1/2 year leadership, this business nearly doubled in revenue, achieved significant profitability and attained the leading marketshare position worldwide. In January 1998, Heil was named Senior Vice President and General Manager of Worldwide Sales, Marketing , Service and Support.

Prior to working at Compaq, Heil held positions at a wide range of companies engaged in highly advanced technologies. After joining LA Cellular in 1989 as President and General Manager, Heil led the company through over five years of accelerated growth, increasing revenues and net income more than five times and improving customer satisfaction levels significantly.

Prior to joining LA Cellular, Heil spent four years with Sony Corporation where he initially served as Vice President of National Accounts for all Sony consumer products, increasing sales threefold under his leadership. Heil was later promoted to Vice President of Marketing for Sony's Display Products Division where he was responsible for designing and executing product line marketing strategies for all television products. He was subsequently promoted to President of the Division. Earlier in his career, Heil held various sales and marketing positions at Polaroid, Atari, and Lever Brothers.

Heil earned a B.A. from the University of Texas in Austin.

About CommcoTec Corporation

CommcoTec is a newly formed data oriented Competitive Local Exchange Carrier (CLEC) communications company that will provide businesses throughout the U.S. with IP-based, end-to-end broadband data services. Utilizing its nationwide set of FCC licenses to provide wireless "first-mile" connectivity, and leveraging existing long-haul fiber networks, CommcoTec will offer a wide range of advanced, bandwidth-on-demand IP-based services in an integrated package that will include high-speed data connectivity, Internet access, virtual private networks, local and long distance telephone services, and other IP-based value added services. CommcoTec's "first-mile" footprint covers 189 million people and the major U.S. cities. The network's ability to provide an individual customer with up to 52 mbps capacity in both directions, with increasing speeds available with further network enhancements, is nearly equal to one thousand phone lines each connecting with a standard 56 kbps modem, and greatly enhances businesses' e-business application capabilities.