New CEO announced:
Monday December 13, 9:49 am Eastern Time
Company Press Release
E-Sync Networks Appoints Jonathan Rubin Chief Executive Officer Former Telechoice Strategist to Lead Company in the New Millennium
TRUMBULL, Conn.--(BUSINESS WIRE)--Dec. 13, 1999--E-Sync Networks, Inc. (OTC BB: ESNI; www. e-syncnet.com), a leading global provider of managed e-business-to-business applications and services, today announced the appointment of Jonathan Rubin to the position of Chief Executive Officer, effective January 4, 2000. Mr. Rubin will succeed John C. Maxwell, who has been serving as CEO on an interim basis during the recent repositioning of the company. Mr. Maxwell will continue as Chairman of E-Sync Networks' board of directors and Managing Director of CE Capital Partnership, and will resume his role as a full-time venture capitalist.
''Over the last nine months, we have repositioned E-Sync Networks as a world leader in online web-based supply chain management. We also have opened a new data center, entered into a number of significant business partnerships, and received millions of dollars to expand our business in the United States and Europe,'' says John C. Maxwell, E-Sync Networks' Chairman and current CEO. ''Now it is time to pass the reins to a new leader. We are pleased to have Jonathan come on board and lead the company in the new millennium. His expertise in business and marketing strategy, coupled with his knowledge of the telecommunications and e-commerce industries, will play a pivotal role as we execute our e-business-to-business Internet strategy.''
''I am excited to be joining E-Sync Networks just as the e-commerce market is transforming the world economy. E-Sync Networks is poised to take a leadership position and will have a major impact on the online business-to-business market,'' says Mr. Rubin. ''John Maxwell has assembled a great team, and I look forward to using my e-commerce and broad business experience to guide the company's growth and success.''
Mr. Rubin, who has been active in the telecommunications industry for more than ten years, joins E-Sync Networks from TeleChoice, a leading business services provider to the telecommunications industry, where he was Chief Operating Officer. As COO, he managed the company's day-to-day operations and helped develop its e-commerce venture.
Before that, Mr. Rubin worked as President of Greenwich, CT-based InfoCom, a division of NFO Worldwide, which provides marketing research and analysis to the telecommunications industry. In that capacity, he launched InfoCom and grew its revenues by more than 500 percent in one year. InfoCom's clients included equipment manufacturers, service providers, and associations. Under Mr. Rubin's guidance, InfoCom also was selected to manage the first subscriber trials for the leading global satellite telecommunications provider.
Previously, Mr. Rubin held management positions with Southern New England Telephone and Trans National Communications and consulting positions with Mercer Management Consulting and Bain & Company. He also worked for the investment-banking firm Morgan Stanley.
Mr. Rubin earned his MBA and undergraduate degrees from Yale University.
About E-Sync Networks, Inc.
Headquartered in Trumbull, CT with offices in New York and the UK, E-Sync Networks, Inc. (OTC BB: ESNI) is a Managed E-business Service Provider that offers leading web-based e-business applications, web supply-chain expertise, IT support and high-performance hosting capabilities to link business partners on the Internet. E-Sync Networks has an extensive Fortune 1000 client base, including Ford(TM), Traveler' s Insurance, IBM(TM), Pepsi(TM), and ESPN. The Company is majority owned by Commercial Electronics Capital Partnership, LP (www.cellc.com) a New York-based venture fund focused on Internet technologies, an exclusive partner of TRW, Inc. (NYSE: TRW - news) established solely to create independent businesses founded on TRW technologies in markets outside of TRW's strategic interests. More information can be found on the Internet at www.e-syncnet.com.
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Contact:
E-Sync Networks
Karen Olenski, 203/601-3285,
kolenski@e-syncnet.com
or
Environics Communications
Wendy Hodgson
203/325-8772, x27
whodgson@environics-usa.com |
