AirBand Names CEO

AirBand Communications appoints Mark Spagnolo, former CEO of Broadwing, as its CEO

August 31, 2005

1 Min Read

DALLAS -- airBand Communications, Inc., the largest fixed wireless company for business customers in the United States, today named industry veteran Mark F. Spagnolo the company's new president and chief executive officer. He will also serve on the company's Board of Directors.

Spagnolo has a successful track record of growing market share, revenue, and market value of communications companies. He recently led Austin, Texas-based Broadwing Communications, which provides integrated broadband communications services to enterprises, carriers and government entities. He also served as CEO of UUNET, an industry-leading Internet communications company, where he designed and executed a growth strategy that increased annualized revenues tenfold, while also significantly increasing EBITDA.

"Mark Spagnolo has considerable experience doing battle and winning in this marketplace, and the board is confident that Mark will take airBand to the next level," said Jackie Kimzey, airBand Chairman and Sevin Rosen Funds General Partner. "Mark has the experience, credibility and industry stature airBand needs to execute on an aggressive growth strategy and gain access to additional growth capital."

"airBand's strong commitment to quality and putting customer needs first resonates with small and mid-sized businesses," said Mark F. Spagnolo, president and CEO of airBand. "The company is firmly positioned to take advantage of the changing regulatory environment and advances in VoIP and wireless technologies. The resulting convergence of voice and data services over fixed wireless broadband presents an explosive growth opportunity for airBand, its employees, customers, and investors."

Airband Communications Inc.

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