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Con Edison Communications Appoints Telecom Industry Veteran Kathleen Perone to Board of Directors.


Business Editors, Technology Writers

NEW YORK--(BUSINESS WIRE)--Oct. 24, 2001

Con Edison Communications (CEC (Central Electronic Complex) The set of hardware that defines a mainframe, which includes the CPU(s), memory, channels, controllers and power supplies included in the box. Some CECs, such as IBM's Multiprise 2000 and 3000, include data storage devices as well. ), a provider of fiber optic services throughout the five boroughs and Westchester, has appointed telecommunications industry veteran Kathleen Perone to its Board of Directors.

In the past 23 years, Perone has held senior management positions at some of the world's best known telecommunications companies, including Level 3 Communications
Not to be confused with L-3 Communications, a communications system company.


Level 3 Communications NASDAQ: LVLT is a communications and information services company headquartered in Broomfield, Colorado, USA.
, MFS MFS Medicare fee schedule  International, Cable & Wireless Communications, N.A., Lightnet and American Satellite.

She is currently the founding partner and Managing Director of Accappella Ventures, LLC, which invests in early-stage telecom and technology infrastructure companies.

"Kathleen is an important and welcome addition to our Board," said Peter Rust, 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 Con Edison Communications. "Her extensive knowledge and industry contacts in the telecommunications industry are invaluable as we roll out our diverse, legacy-free fiber optic services in the New York metro For the region, see .

Metro New York is a free daily newspaper in New York City started in 2004. Its main competition is AM New York, with which it practices many of the same distribution and marketing strategies.
 area."

Perone also serves as Chairman of the Board of LighTrade, Inc. She serves on the Boards of FOCAL Communications (FCOM) and Infocrossing (IFOX), and is a member of the Board of Advisors of both Looking Glass Networks Looking Glass Networks, Inc. is an U.S. telecommunications company headquartered in Oak Brook, Illinois. The company provides rapid delivery of data transport services including SONET/SDH, Wavelength and Ethernet as well as IP connectivity, dark fiber and carrier-neutral colocation.  and Tellium, Inc. Perone remains a consultant for Level 3 Communications.

Perone graduated from Rutgers University in New Jersey with a B.A. in Business Administration.

About Con Edison Communications, Inc.

Con Edison Communications, Inc. (CEC) is a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Consolidated Edison, Inc. CEC, a carrier's carrier, offers a comprehensive range of value-added products and services designed to enhance the performance of its customers' networks. CEC provides managed data transport services, leased capacity services, and plans to offer in-building optical distribution to multiple classes of customers including long-distance carriers, competitive local exchange carriers and Internet, cable, wireless and video companies. CEC's NYC metro area network is expected to interconnect over 1,000 commercial buildings, POPs and Verizon Central Offices by the end of 2005. Additional information about CEC is available at http://www.electricfiber.com/.

About Consolidated Edison, Inc.

Consolidated Edison, Inc. (NYSE NYSE

See: New York Stock Exchange
:ED) is one of the nation's largest investor-owned energy companies, with approximately $10 billion in annual revenues and $17 billion in assets. The company provides a wide range of energy-related products and services to its customers through two regulated utility subsidiaries and four competitive energy and telecommunications businesses. For additional financial, operations and customer service information, visit the Consolidated Edison, Inc. web site at http://www.conedison.com./.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 24, 2001
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