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Technology Stocks : Viatel (VYTL)

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To: blankmind who wrote (22)1/20/1998 10:49:00 AM
From: Sanjay Jain  Read Replies (3) of 157
 
Viatel Expands Management Team; Names Mount SVP of Network Operations;
Piazza to Head Carrier Sales

PR Newswire, Tuesday, January 20, 1998 at 07:14

NEW YORK, Jan. 20 /PRNewswire/ -- Viatel, Inc. (NASDAQ:VYTL), a
facilities-based provider of national and international long-distance
telecommunications services, announced two new additions to its senior
management group today. Francis J. Mount has joined the company as Senior
Vice President, Network Operations and Jan S. Piazza has been named General
Manager, Carrier Sales.
Mount, a 30-year veteran of the international and domestic long distance
industry, served most recently as a Senior Vice President for Primus
Telecommunications Group. He joined Primus following its acquisition in 1997
of USFI, Inc., where he served as Executive Vice President and Chief Operating
Officer. Mount's previous experience includes positions at MCI as Executive
Director of Global Technical Services and AT&T International. In his new
position, Mount will oversee network operations for Viatel's growing global
network.
Piazza comes to Viatel from TelePassport, an international
telecommunications business unit of Primus, where she served as General
Manager. Previously, Piazza was Vice President of Sales and Marketing for
USFI and held a number of senior sales and marketing positions at LDDS
Worldcom and three precursor organizations that were acquired and absorbed by
Worldcom. Piazza will be responsible for all global carrier sales activities
for Viatel.
"Together, Frank and Jan represent almost 50 years of collective industry
experience that will be invaluable in facilitating Viatel's growth," said
Michael Mahoney, President & CEO of Viatel. "Frank's operational expertise
will allow me to focus on key strategic and marketing issues in Europe over
the coming year, while Jan's expertise in the carrier arena will allow us to
fully leverage our network infrastructure."
Headquartered in New York, NY, Viatel is a facilities-based international
and domestic long-distance telecommunications company with network points of
presence in 30 European cities, and operations in the United States, Latin
America and the Pacific Rim. The Company offers a broad array of competitively
priced, value-added international and domestic long-distance services. Its
customers are primarily small and medium-sized businesses. Viatel provides
long-distance service to more than 230 countries and territories worldwide
through its international network.

Except for the historical information contained herein, the matters
discussed in this release are forward-looking statements that involve risks
and uncertainties, including the continued deregulation of the European Union
member states in which the Company does business, the timely roll out of
additional points of presence and other risks detailed from time to time in
the Company's reports filed with the Securities and Exchange Commission,
including those contained in the Company's Annual Reports on Form 10K for the
year ended December 31, 1996. As a result, actual results, events or
conditions, financial or otherwise, could differ materially from those
statements, Viatel undertakes no duty to update such forward-looking
statements.
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