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Vyyo Taps New CFO

Vyyo announced the selection of veteran cable and telecommunications executive Robert K. Mills as CFO

July 16, 2007

1 Min Read

NORCROSS, Ga. -- Vyyo Inc. (Nasdaq: VYYO - News), a supplier of broadband access equipment for cable system operators, announced today the selection of veteran cable and telecommunications executive Robert K. Mills as CFO.

Mills joins Vyyo after two years as CFO of Tri-S Security Corporation (Nasdaq: TRIS - News), where he was actively involved in building the company through acquisitions, raising capital, and optimizing return on investment by creating operational efficiencies. Previously, Mills spent six years as CFO of Knology, Inc., a broadband communications provider in the Southeastern United States.

Mills will assume the role on August 1, 2007 and will be based in Vyyo's corporate headquarters in Georgia. Arik Levi, who has been a key contributor in capital raising and shaping Vyyo's cable strategy during his four-year tenure as CFO, will continue to serve in an advisory capacity during the transition period.

"On behalf of the entire Vyyo team, I would like to thank Arik for his contributions to the company's growth over the past several years," said Wayne H. Davis, CEO. "His roles in strengthening our financial position and acquiring our UltraBand(TM) spectrum overlay platform have given the company a clear roadmap toward the future. The addition of Rob to our management team assures us of continued financial industry expertise and corporate capital structure experience that will be critical for the long-term success of the company."

Vyyo Inc. (Nasdaq: VYYO)

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