HOUSTON--(BUSINESS WIRE)--Sept. 14, 1999--
UBNetworks, a wholly owned subsidiary of IJNT.net has expanded its technical and management team. UBNetworks is building a state-of-the-art DSL facility with strategic allied partner, Nortel Networks.
Winston Johnson, CTO, UBN announced today that the initial installation of the integrated Nortel Networks voice and data system is on schedule to be completed next month at the Company's 7,000 sq. foot facility in downtown Los Angeles.
The Nortel DMS 500 switch will enable UBN to build remote nodes within a 650-mile radius, thus giving UBN the ability to serve California, Nevada, Arizona and parts of Utah and New Mexico. Johnson indicated that the second primary UBN switching facility will be in Dallas in order to serve the Southwest including Texas.
Johnson also indicated that several top-level engineers have been added to the UBN team, including Louis DiGregorio as Vice President of Network Architecture and Michael Phillips, Vice President of Network Operations. Both men bring impressive credentials to UBN's management team. DiGregorio's background includes all aspects of telecommunication network design and operations, as well as wireless operations. Prior to joining UBNetworks, DiGregorio worked in developing nationwide networks for Sprint PCS and Teligent.
Johnson also indicated that Phillips has built networks in the U.S., Ivory Coast, Tanzania and the Philippines for both wireless and cable-based telecommunication carriers.
Jon H. Marple, CEO of UBN, stated that the management team has also added Joseph A. Wheelock as CFO and a Director, and Brandon Powell as Vice President and General Counsel. Wheelock recently retired from the international law firm of Latham & Watkins, where he served for over 30 years. His most recent focus was on litigation involving complex accounting and other financial issues. Marple stated, "UBN is building a world-class group of officers and directors. The quality of people that the Company is attracting is extraordinary. We will have the best DSL deployment in the world, starting with the only plug-and-play DSL modem on the market that can deliver 1.3Mbps over copper wire. It is truly a revolutionary product that will give UBN a huge advantage over competitors whose DSL must be ordered from the phone company or other providers and requires physical installation. The wait for customer installation often takes weeks or months. UBN, on the other hand, will be able to ship a modem to a customer immediately, allowing the customer to have immediate 1.3Mbps speed by plugging the modem into the computer and phone line."
In a related announcement, Mary E. Blake, President of IJNT.net stated that long time Counsel, Jeffrey R. Matsen, will become a full-time Executive Vice-President, General Counsel, and Director for IJNT.net. Matsen also is a Director of UBN. Matsen has practiced law for 35 years. Also joining the Company's legal department is Julie Wahlstedt, an associate attorney of Matsen's former law firm.
IJNT.net provides high-speed, wireless Internet access, wired broadband solutions and telecommunication services. The Company's customer base is growing rapidly as the Company diversifies its offerings and expands its network across the U.S. and internationally. IJNT also provides website development, online advertising, and e-commerce services as well as dial-up Internet access throughout the U.S. and internationally. The Company's rapid growth is the result of aggressive marketing and sales, internal development, acquisitions, and strategic alliances.
This news release may contain forward-looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, subscriber growth, product demand, competition, and other risks and uncertainties detailed from time to time in the Company's periodic reports, including Quarterly Reports on Form 10-Q and Annual Reports on 10-K. This and additional information can be found on the Company's website at www.ijnt.net or can be obtained from the Company upon request.
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