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New Edge Networks Co-founder Stacey Waddell Rejoins Company

VANCOUVER, Wash. – (Aug. 5, 2004) – New Edge Networks co-founder Stacey Waddell has rejoined the national provider of multi-site data networks and Internet access for businesses and communications carriers as Vice President of Service Delivery. The appointment is effective immediately.

In her new role, Waddell will oversee service activations, customer care, and the company’s multi-site network installation team, as well as management of interdepartmental processes that relate to these service functions. She reports to Dan Moffat, president and CEO, who co-founded New Edge Networks.

“Stacey’s management and leadership skills previously helped New Edge Networks build a solid operational foundation for broadband services that enabled us to grow and thrive through troubled times in telecom,” Moffat said. “We are delighted to have her back as part of our executive team.

“Stacey’s organization skills and telecom knowledge will help us improve our service capabilities and better serve our customers in building complex multi-site networks at a historic time when literally every business needs a network,” Moffat said.

Under Waddell’s leadership in 2000, New Edge Networks installed the equivalent of one-and-one-half DSL switches a day as the company built out its national coverage footprint. Waddell left New Edge Networks in June 2002 and remains a private investor in the company.

“My passion for New Edge Networks is stronger than ever,” Waddell said. “With the largest network coverage, dedicated employees, strong business demand for multi-site networks, and committed investors, New Edge Networks is very well positioned to capitalize on growth opportunities.”

Prior to co-founding New Edge Networks in 1999, Waddell held operations and marketing positions with Winstar and Electric Lightwave. She has a bachelor’s degree in finance from the University of Central Florida.

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.

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