Pac-West Telecomm Announces the Appointment of Tim Samples to Its Board of Directors
19 Januar 2005 - 10:05PM
PR Newswire (US)
Pac-West Telecomm Announces the Appointment of Tim Samples to Its
Board of Directors STOCKTON, Calif., Jan. 19 /PRNewswire-FirstCall/
-- Pac-West Telecomm, Inc. (NASDAQ:PACW), a provider of
communications services in the Western U.S., today announced the
appointment of Tim Samples to its Board of Directors. "Tim is an
excellent addition to Pac-West's Board," said Hank Carabelli,
Pac-West's President and CEO. "His wealth of experience leading
wireless and wireline companies, both domestically and
internationally, will prove extremely valuable as Pac-West
continues to pursue its growth strategy of providing the network,
transport, and support systems that enable communications providers
to serve their business and residential end-users." Samples said,
"I look forward to my involvement with Pac-West and its continued
leadership in the industry. They have a rich history of providing
communications providers with a competitive alternative to the
incumbents, which in turn is good for consumers." "We are very
excited about the opportunities that lie ahead for Pac-West, and
the renewed growth in our industry and the economy," said Wally
Griffin, Pac-West's Board Chairman. "Tim will bring valuable new
dimensions and skill sets to our Board, and we are delighted that
he has agreed to join us as we enter our 25th year in business and
begin the next phase in Pac-West's evolution." Samples has over 20
years experience in the communications industry. Since January of
2003, he has been the Principal in Sapience LLC, in Scottsdale,
Arizona, where he does consulting work and serves as a
non-executive Director for two telecommunications companies. From
February 2001 to June 2002, he served as CEO, President, and
Chairman of the Board of Management for Completel N.V. in London,
England and Paris, France. A Dutch registered CLEC, Completel is a
publicly traded company in Europe. From February 2000 to February
2001, Samples served as CEO and President of Firstmark
Communications, a Pan-European broadband company with operations in
seven Western European countries. From September 1997 to February
2000, he was CEO of One2One, a GSM service operator created through
a joint venture between MediaOne group and Cable and Wireless. From
July 1995 to May 1996, Samples served as Vice President and General
Manager for US West Cellular / Airtouch in Phoenix, Arizona. From
June 1984 to July 1995, he held various management, sales, and
marketing positions with US West / MediaOne Group. Samples holds a
bachelor's degree in psychology from the University of Toledo, and
an advanced management degree from the University of Pennsylvania
Wharton School of Business. About Pac-West Telecomm, Inc. Pac-West
is currently one of the largest competitive local exchange carriers
headquartered in California. Pac-West's network averages over 120
million minutes of voice and data traffic per day, and carries an
estimated 20% of the dial-up Internet traffic in California. In
addition to California, Pac-West has operations in Nevada,
Washington, Arizona, and Oregon. For more information, please visit
Pac-West's website at http://www.pacwest.com/. Pac-West
Forward-Looking Statements In this press release, our use of the
words "outlook," "expect," "anticipate," "estimate," "forecast,"
"project," "likely," "objective," "plan," "designed," "goal,"
"target," and similar expressions is intended to identify
forward-looking statements. While these statements represent our
current judgment on what the future may hold, and we believe these
judgments are reasonable, actual results may differ materially due
to numerous important risk factors that are described in our Annual
Report on Form 10-K for the period ended December 31, 2003, as
filed with the SEC on March 30, 2004, which may be revised or
supplemented in subsequent reports filed by us with the SEC. Such
risk factors include, but are not limited to: our substantial
indebtedness; an inability to generate sufficient cash to service
our indebtedness; regulatory and legal uncertainty with respect to
intercarrier compensation payments received by us; the declining
rate at which intercarrier compensation payments are determined;
the inability to expand our business as a result of the
unavailability of funds to do so; adverse affects on our operations
as a result of covenants in agreements related to our borrowings;
the loss of key executive officers could negatively impact our
business prospects; the possible delisting of our common shares
from the Nasdaq SmallCap Market; and our principal competitors for
local services and potential additional competitors have advantages
that may adversely affect our ability to compete with them.
DATASOURCE: Pac-West Telecomm, Inc. CONTACT: Reid Cox of Pac-West
Telecomm, Inc., +1-209-926-3417, or Web site:
http://www.pacwest.com/
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