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2Wire Names New CEO

SAN JOSE, Calif. -- 2Wire, Inc., a provider of broadband service delivery platforms, today announced the appointment of Pasquale "Pat" Romano as 2Wire's president and chief executive officer. Mr. Romano's appointment is the conclusion of an extensive executive search involving both internal and external candidates.

Pat Romano (41), succeeds Brian Hinman (45), as chief executive, with Mr. Hinman continuing his service on 2Wire's board of directors. Brian Hinman said: "2Wire is now stronger than ever, and growing rapidly. Having achieved the current state of stability and sustained growth, I feel the time is right to fully pass the reigns of the company to my very capable co-founder and friend, Pat Romano. I am confident in Pat's ability to assume the role of CEO and guide 2Wire to its next level of growth. Together, Pat and I built the foundation for 2Wire over eight years ago. At that time, we were just friends with a slide deck, some seed funding and a shared vision of a broadband world to come. Since then, we have established 2Wire as the standard-bearer for best practices in providing broadband products and services and helped improve the broadband experience for DSL subscribers around the world."

"We are grateful to Brian for his crucial role in establishing 2Wire's strategic direction and tireless promotion of the 2Wire vision at a time when the future of broadband was so uncertain." said Mr. Romano. "I am also personally honored by the faith placed in my abilities by Brian and the 2Wire Board of Directors in appointing me 2Wire's next CEO. This is a pivotal time for both 2Wire and for the broadband industry, as the triple play we have been visualizing and promoting for the past eight years finally becomes a reality. 2Wire is optimally positioned as a leading provider in this space and I intend to maximize our role in the industry growth ahead."

2Wire Inc.

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