VITAL NETWORK SERVICES ANNOUNCES
NEWLY FORMED BOARD OF DIRECTORS
Board Members Offer Breadth of
Experience and Knowledge in the Networking Arena
CLEARWATER, Florida --
May 6, 2002 -- VITAL
Network Services, Inc., a multi-vendor provider of
worldwide network lifecycle services, today announced
that Paul Ferri, John Koehler and Carl Russo will make-up
the company's newly formed Board of Directors.
"I am excited about the opportunities on the
horizon for VITAL and believe we have selected a very
strong group of individuals to serve on the Board," said
John Koehler, president and CEO of VITAL Network Services. "Having
served as a director for numerous public and private
companies in the telecommunications and networking
industry, Paul Ferri will contribute a wealth of knowledge
and experience to the Board. Additionally, Carl Russo's
real-world experience in building successful networking
companies coupled with his vision and understanding
of the market trends and direction will prove invaluable
as we position the company for future growth."
About Paul Ferri
Paul Ferri, a venture capitalist for more than 30 years,
is the founding partner of both Matrix Partners and
Hellman Ferri Investment Associates. In February
of 2001, Forbes magazine selected Ferri as one of
the Top 20 Venture Investors of all time and the "Best
VC in Boston." Additionally, the family of Matrix
Partnerships has achieved industry record-setting
returns over the last decade. Paul serves or previously
served as a director of Applix, Inc., ArrowPoint
Communications, Inc., Ascend Communications, Inc.,
Atria Software, Inc. Banctec, Inc., Bytex Corp.,
Cascade Communications Corporation, Codex Corporation,
Paradyne Corporation, Redstone Communications, Inc.,
Sonus Networks, Inc., Stratus Computer, Inc., Sycamore
Networks, Inc., VideoServer, Inc., Xyplex Inc., and
numerous other private companies.
He holds a Master of Business Administration degree
from Columbia University, a Master of Science in Electrical
Engineering degree from Polytechnic Institute of New
York, and a Bachelor of Science in Electrical Engineering
degree from Cornell University.
About John Koehler
John Koehler is President and Chief Executive Officer
of VITAL Network Services. Prior to joining VITAL
in January 2002, John led Paradyne Network's DSL
product and worldwide service teams as Senior Vice
President and General Manager - DSL Products and
Worldwide Service. From 1993 until 1999, Koehler
served as President, Chief Executive Officer and
Director for TechForce Corporation, a publicly-traded
data networking service company. During his tenure
at TechForce, John grew the company's customer base
from two primary customers to over 1000, producing
an increase in revenues from $9 million in 1993 to
annual revenues of over $90 million when it was sold
to Equant Integration Services in August of 1999.
During his 35 years in the networking industry, John
Koehler has also served in various mangement and executive
management positions with BT North America, Syncordia
Corporation, Paradyne Corporation, and IBM Corporation.
John received a Bachelor of Science degree in Business
Administration from the University of Missouri and
has attended the IBM Program for Executives at Colgate
University, IBM Systems Research Institute in New York
City, the Financial Management Program at The Wharton
School, the Harvard/MIT Executive Negotiations Program,
and the Crosby Quality College.
About Carl Russo
Carl Russo serves as the Vice President of the Optical
Networking Business Unit at Cisco Systems. Prior
to Cisco, Russo was the President and Chief Executive
Officer of Cerent Corporation, which was acquired
by Cisco Systems.
Carl has over 20 years of experience
in the data networking industry. Before joining Cerent,
he was the Chief Operating Officer at Xircom and
was responsible for the sales, marketing, development
and manufacturing of Xircom products. Russo also
worked with AT&T Paradyne,
Inc., where he was Vice President and General Manager,
Data Networking Products Division.
Additionally, Carl Russo held executive management
positions at Network Systems Corporation as Senior
Vice President and General Manager for the Channel
Networking Group. During that time, he was responsible
for four business units with total revenues of $165
million. Russo attended Swarthmore College.
About VITAL Network Services
VITAL Network Services, a global multi-vendor, multi-technology
support provider, delivers world-class network support
services to large enterprise customers, network equipment
manufacturers, integrators, value-added resellers,
distributors, and carriers around the world. VITAL's
comprehensive portfolio of data, voice, and video network
services helps customers realize the full value of
their network by addressing all facets of the network
lifecycle including network design and planning, integration,
training, maintenance, and proactive monitoring. With
its own technical staff and over 200 authorized service
partners located throughout the world, VITAL provides
on-site service in more than 60 countries across six
continents.
VITAL is headquartered in the United States and maintains
sales and support organizations throughout the world.
More information about VITAL and its services is available
at www.vital-ns.com,
or by calling 1-888-248-4825 (U.S. and Canada) or +1-813-818-5100
worldwide.
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