Dan O'Brien Appointed CEO of High Speed Access Corp.
DENVER, Feb 22, 2000 (BUSINESS WIRE) -- Dan O'Brien has been appointed Chief
Executive Officer (CEO) of High Speed Access Corp. (Nasdaq: HSAC), the company
announced today.
O'Brien, who joined the company as its Chief Operating Officer (COO) last fall
and was named its President in December, will serve as its President and CEO. He
will also serve as the company's acting COO until a replacement has been
appointed. High Speed Access Corp. (HSA) is the leading provider of high-speed
Internet access via cable modems to residential and commercial end-users in
exurban markets.
"Dan's leadership and tenacity have helped HSA distinguish itself as one of the
leaders in broadband connectivity," stated HSA Chairman David Jones, Jr. "His
commitment to quality service and world-class customer care has already yielded
clear results - both to our customers and our cable partners."
"I am deeply gratified by this appointment, and feel privileged that the board
has asked me to lead the world-class management team we are assembling here at
HSA," O'Brien said. "Together with the expertise and dedication of all our
employees, HSA will be the world's best provider of broadband Internet
services."
"We place high confidence in Dan and HSA's ability to deliver quality high speed
Internet access services to Charter Communications' (Nasdaq: CHTR) customers,"
said Jerald L. Kent, President and CEO of Charter Communications. "Charter was
one of the first major cable operators to sign on with HSA and we look forward
to continuing our close relationship with HSA under Dan's leadership."
Prior to joining HSA last fall, Mr. O'Brien served as President and COO of
PRIMESTAR, Inc. where he oversaw the company's growth to 2.2 million customers,
$1.5 billion in revenue and $300 million in operating cash flow. He previously
served as President of Time Warner Satellite Services. Beforehand, he was the
Vice President of Operations for Time Warner Cable's Cincinnati division and was
responsible for all customer contact, personnel, engineering, construction,
human resources, MIS and risk management. He formerly served as Vice President
of New Business for Warner Cable Communications, Inc. in Dublin, Ohio.
Mr. O'Brien is a member of Cable Television Administration and Marketing (CTAM)
and Women in Cable and Telecommunications (WICT) Foundation, and a former
trustee of the WICT Foundation. The 18-year broadband communications veteran is
a graduate of Muhlenberg College in Allentown, PA, where he earned a B.S. Degree
in Accounting.
About HSA
High Speed Access Corp. (Nasdaq: HSAC) is a leading provider of high-speed
Internet access via cable modem to residential and commercial end users in
exurban areas. The Company believes that it provides the most comprehensive
turnkey solution available to the cable operator. Its service enables
subscribers to receive Internet access at speeds substantially faster than
traditional Internet access at minimal cost to the cable operator. HSA is also
engaged in the deployment of IP telephony, video conferencing, high-quality
audio and distance learning, e-commerce applications, interactive television and
other broadband Internet services. HSA enters into long-term contracts with
cable operators to provide them with the Company's services. The Company pays
its cable partners a portion of the monthly fees it receives from the end users
in exchange for the opportunity to access and provide service to the cable
partners' subscribers.
This press release contains statements about future events and expectations,
which are "forward-looking statements." Any statement in this press release that
is not a statement of historical fact may be deemed to be a forward-looking
statement. Such forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the company's actual results,
performance or achievements to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking
statements. Specific factors that might cause such a difference include, but are
not limited to: the company's unproven business model; the company's history of
losses and anticipation of future losses; the potential fluctuations in the
company's operating results; the company's competition; the company's potential
inability to attract and retain end users; the company's potential inability to
establish or maintain relationships with cable operators, including Charter; the
possibility that our contract with Road Runner may not benefit us; and those
risks and uncertainties discussed in filings made by the Company with the
Securities and Exchange Commission, including those risks and uncertainties
contained under the heading "Risk Factors" in the Company's Registration
Statement on Form S-1 as filed with the Securities and Exchange Commission.
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