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Routing technology vendor names Patricia L. Higgins, former president and CEO of Switch and Data, to its Board of Directors
December 22, 2004
ATLANTA -- Internap Network Services Corporation (AMEX: IIP - News), the leading provider of performance-based routing technology over the Internet, said today that Patricia L. Higgins, former president and chief executive officer of Tampa, FL-based Switch and Data, has joined the Board of Directors for Internap.
"Patricia Higgins embodies a wealth of industry knowledge and experience, having served in senior executive roles at major U.S. companies," said Gregory A. Peters, president and chief executive officer for Internap. "The timing of today's announcement is also important, as Patricia joins our Board at a period when Internap is seeing significant growth in excess of 30 percent year over year in data center and collocation services, a business she knows extremely well. We're excited to have Patricia on the Internap team, and look forward to the vigor and energy that she brings."
During Higgins' four-year tenure at Switch and Data (2000-2004), the company experienced significant revenue success, growing from $12 million in annualized revenue to $95 million. The company also successfully acquired and integrated two key businesses during the period, positioning itself as an industry leader in the Internet peering space. Switch and Data exceeded its 2003 growth plan, with a 100 percent increase in revenues over 2002, and a 1,800 percent increase in EBITDA for 2003.
Internap Network Services Corp.
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