D. Craig Young Appointed Chairman and CEO of Netifice Communications; Mr. Young to Lead Netifice's Aggressive Growth Strategy.ATLANTA -- Netifice Communications, Inc., a leading provider of flexible IP Virtual Private Network (VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. ) solutions to businesses worldwide, today announced that industry veteran D. Craig Young Craig Young (born 1957 in Wollongong, New South Wales) was a representative Australian rugby league player for the Australia national rugby league team, the New South Wales Blues and a stalwart player over 11 seasons from 1977 to 1988 with the St. , has been appointed as its Chairman and Chief Executive Officer. Having served as Vice Chairman and President of AT&T Canada, Chief Executive Officer of MetroNet and President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Brooks Fiber, Mr. Young has a distinguished track record within the telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. industry. In his role as Chairman 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. , Mr. Young will build on Netifice's success within the VPN market to establish the company as the leading provider of secure IP based data and voice solutions through strategic investments and growth initiatives. Mr. Young has built several highly successful companies that are known for their premium quality products and impeccable im·pec·ca·ble adj. 1. Having no flaws; perfect. See Synonyms at perfect. 2. Incapable of sin or wrongdoing. [Latin impecc customer service. Under his leadership, MetroNet and Brooks Fiber consistently exceeded their financial objectives and returned over $6 billion to the shareholders. "I am very excited about joining the Netifice team which has achieved impressive sales growth by delivering advanced IP VPN solutions with an unrelenting focus on customer satisfaction," said D. Craig Young, Chairman and CEO of Netifice Communications. "No other company in this space has the momentum and breadth of vision to deliver the quality and value to customers that Netifice can. Its technology is perfectly positioned to lead the next generation of secure data and voice telecommunications solutions." "We are extremely fortunate to recruit an industry veteran of Craig's caliber at such an important time in Netifice's history," said Stephen L. Schilling, President and Chief Operating Officer and the founder of Netifice. "With our unique IP service delivery platform and the proven demand for flexible, cost-effective cost-effective, n the minimal expenditure of dollars, time, and other elements necessary to achieve the health care result deemed necessary and appropriate. IP data and voice solutions, Netifice is well positioned to capture this growing market. And, Craig is an extremely qualified telecommunications executive with the experience and vision to guide Netifice to the next level in market dominance Market dominance is a measure of the strength of a brand, product, service, or firm, relative to competitive offerings. There is often a geographic element to the competitive landscape. ." "Netifice Communications has executed remarkably and is highly regarded throughout the industry for delivering robust IP VPN solutions to companies that demand mission-critical service and support," said John Siegel, Netifice board member and a partner with Columbia Capital, one of Netifice's lead investors. "With the addition of Craig, one of the most sought after executives in the telecom industry, Netifice will build on this success to create increased value for its customers and exciting growth opportunities for its employees and investors." D. Craig Young served as Vice Chairman and Director of AT&T Canada from 2000 to 2002 and previously served as President. Prior to his appointment as Vice Chairman and President, which occurred with the $3.5 billion merger of MetroNet Communications with AT&T Canada in 1999, Young was President and Chief Executive Officer of MetroNet Communications Corp., Canada's largest facilities-based competitive local exchange carrier (CLEC (Competitive Local Exchange Carrier) An organization offering local telephone service that is not one of the traditional telephone companies. The Telecommunications Act of 1996 allowed competition to the incumbent telcos (ILECs), enabling new companies (CLECs) ), a position he held since 1998. From 1995 to 1998 Young served as President and Chief Operating Officer of Brooks Fiber Properties Inc. While at Brooks, Young's team built facilities-based networks in 44 cities and grew annual revenue from $3 million to more than $200 million before Brooks was acquired by WorldCom The former name of MCI. Based in Jackson, MS, WorldCom, Inc. was a major, international telecommunications carrier. It was founded in 1983 by Bernard Ebbers as Long Distance Discount Service (LDDS), a reseller of AT&T WATS lines to small businesses. in the first quarter of 1998 for approximately $3 billion. Prior to Brooks Fiber Properties, Young held leadership positions at companies including Ameritech Custom Business Services and US West Communications. About Netifice Communications, Inc. Netifice Communications is a global provider of flexible IP VPN solutions that enable businesses to lower costs, increase scalability and expand the deployment of enterprise applications and communication systems. Netifice customizes its clients IP VPNs using the widest selection of access, security and communication options, combined with advanced systems for managing and monitoring their IP VPN. Customers can easily deploy expansive networks so that their corporate headquarters, regional offices, remote workers, and retail outlets retail outlet n → punto de venta retail outlet n → point m de vente retail outlet retail n → can communicate with each other as if they were in the same location. Netifice is recognized by customers for delivering the highest quality service and support with industry-leading Service Level Agreements that guarantee site-to-site performance and reliability. The Company's principal financial sponsors are Columbia Capital, Boston Millennia Partners, Dolphin dolphin, fish dolphin, large, swift game fish, Coryphaena hipparus, also called dorado. It is of nearly worldwide distribution in warm waters. Equity Partners, and H.I.G. Capital. For more information, go to www.netifice.com or call 1-877-NETIFICE. |
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