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News Releases
New Edge Networks Expands Board; Appoints Bob Gregg Independent Director
VANCOUVER, Wash. – (Feb 17, 2004) – New Edge Networks, a national multi-site managed network services provider for business and carriers, today announced it has expanded its board of directors and appointed Bob Gregg as its first independent member.
Gregg is an accomplished financial management executive with more than 18 years experience as CFO and CEO in large and small technology companies. He is currently CFO and executive vice president of FEI Company, (NASDQ: FEIC), a nanotechnology company based in Hillsboro, Ore.
Attention photo editors: you can download a high-resolution picture of Bob Gregg from www.newedgenetworks.com
“Expanding our board to include independent directors is an important next step in growing New Edge Networks,” said Dan Moffat, president and CEO of New Edge Networks. “Bob’s wealth of financial experience is an invaluable, objective resource as our company grows and seeks to leverage its financial strength. We look forward to Bob’s contributions as an independent director of our company.”
Prior to joining FEI Company, Gregg, 50, was CFO at Sequent Computer Systems, a global computer company based in Beaverton, Ore. After Sequent sold to IBM in 1999, Gregg became president and CEO of Unicru Inc., a provider of hiring management software systems. He also was a founding member of a semiconductor start-up company in Portland, Ore.
Gregg was formerly with accounting firm PricewaterhouseCoopers. He is a CPA and graduate of the University of Oregon.
Gregg serves as president of the board of directors of the Oregon Historical Society and the board of the Oregon Sports Authority. He and wife, Cherie, have three children and reside in Portland.
In addition to Moffat, other members of the board of directors include representatives of principal investors in New Edge Networks. They include: Peter Wagner, Accel Partners; Rich Shapero, Crosspoint Ventures; David Castelblanco and Rob Gheewalla, both of Goldman, Sachs & Co., and; David Sze, Greylock.
About New Edge Networks
New Edge Networks is a single-source national provider of secure multi-site managed data networks and dedicated Internet access for businesses and communications carriers. New Edge Networks seamlessly integrates a wide variety of last-mile broadband access services available through multiple carriers, technologies, and geographic regions worldwide. Its customers include telecom carriers, small to midsize businesses, large corporations, and their telecommuters anywhere. New Edge Networks owns a nationwide multi-services network with more than 850 carrier-class switches and Internet routers. It has one of the country’s largest coverage footprints with a strong presence in small and midsize markets. Frost and Sullivan selected New Edge Networks as its 2004 Telecom Company of the Year. The company’s Web site is www.newedgenetworks.com. Telephone: 1-360-693-9009.
Contact:
Sal Cinquegrani
(360) 906-9723
ATTN: New Edge Networks news releases contain information that is accurate as of the date they are issued. Information contained in past news releases may become out of date and the company does not assume responsibility for updating information contained in past news releases.