Aepona expands North American operations, appoints Al Snyder as new CEO

March 27, 2008

1 Min Read

DENVER -- Aepona, the leading supplier of software products and solutions to telecommunications operators globally, today announced its further expansion into the North American market, and also the appointment of Al Snyder as its new CEO. The expansion capitalises on recent successes for its Telecom Web Services solution with Tier 1 operators in the US and Canada, and includes the establishment of a US subsidiary, Aepona Inc., based in Denver, Colorado.

Al Snyder brings 30 years of management experience in the high tech sector to his new role. A telecoms and IT industry veteran, his previous positions include CEO at Carrier Access, COO at Openwave, and other senior executive positions at Oracle and Digital Equipment Corporation, with responsibilities for product development, sales, customer service, software support, and professional services.

Al Snyder is already well acquainted with Aepona’s business, having been a non-executive director of the company since May 2006. He succeeds Brian Caulfield, who has been serving as interim Aepona CEO following the death of Isaac Olasoko in 2007.

“I’m very excited to be joining Aepona at this stage of the company’s growth,” said Mr. Snyder. “It is already well established as a leader in the Service Layer market in Europe, and has started to build a strong footprint for its Telecom Web Services offering in North America with Tier 1 carriers such as Sprint, TELUS and Bell Canada. With North America leading the way in the convergence of IT, Web 2.0 and Telecoms, and the concept of open networks rapidly becoming a reality that Telcos are having to adapt to, the timing is right for Aepona to establish a North American base to underpin the next phase of its growth.”

Aepona Ltd.

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