Know this guy at all? Curious your opinion. The stock responded by moving +13.
Monday February 7, 8:38 am Eastern Time
Company Press Release
GRIC Names Joseph Troche Vice President of International Carrier Sales
Telecommunications Industry Veteran to Drive IP Telephony Expansion
MILPITAS, Calif.--(BUSINESS WIRE)--Feb. 7, 2000--GRIC Communications, Inc. (Nasdaq:GRIC - news), a leading provider of value-added Internet services for service providers, including global Internet roaming and VoIP, today announced that it has named Joseph M. Troche as vice president of international carrier sales.
In this capacity, Troche's responsibilities will include managing GRIC's worldwide IP telephony sales force, formalizing various aspects of the company's IP telephony business, and bolstering the company's strong business relationships with its global telecommunications partners.
Troche has 17 years of telecommunications industry experience in voice, data, billing and sales management. Prior to joining GRIC, Troche was vice president of carrier sales for World Access Inc. In less than two years, he built a global sales program that delivered revenues at an annualized rate exceeding $350 million. At World Access, he also secured major customer wins with carriers such as Bell South, Pacific Gateway Exchange (PGE) and Ameritech.
During Troche's telecommunications career, he has been involved in some of the industry's notable acquisitions and mergers including ACT and Microtel, Resurgens Communications Group and Metromedia, and the recent World Access acquisition of Facilicom.
``Joe brings a wide range of expertise, including managerial strength and sales success in the telecommunications and Internet markets, that will help GRIC during this period of rapid growth,' said Dr. Hong Chen, president and chief executive officer of GRIC. ``As the operator of the world's largest service provider alliance for multiple, enhanced IP services, we plan to accelerate the expansion of our VoIP business with Joe's leadership.'
About GRIC Communications, Inc.
GRIC Communications, Inc. empowers more than 300 ISPs, telecommunications companies and other emerging communications providers to deploy and manage multiple IP-based services on a global scale. Combining its Convergent Services Platform(TM), or CSP(TM), with its managed global GRIC Alliance Network(TM), GRIC delivers access and termination for IP telephony (voice, prepaid, fax), IP roaming, and corporate secure remote access around the world. Headquartered in Milpitas, GRIC has offices in the U.S., Asia and Europe, and is traded publicly (Nasdaq:GRIC - news). Visit GRIC at gric.com.
This news release contains ``forward-looking' statements, including projections about our business, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. For example, statements in the future tense are forward-looking statements. These forward-looking statements are based on information available to us at the time of the release and we assume no obligation to update any such forward-looking statements. The statements in this release are not guarantees of future performance and actual results could differ materially from our current expectations as a result of numerous factors, including our limited operating history, which makes it difficult to predict our performance, and the unproven nature of our market and customer acceptance of our products. These and other risks and uncertainties associated with our business are detailed in our registration statement on Form S-1 declared effective on December 14, 1999, which is on file with the SEC and available through www.sec.gov.
Note to Editors: GRIC, GRIC Convergent Services Platform, GRIC CSP, GRICtraveler, GRIC Alliance Network, and the GRIC logo are trademarks of GRIC Communications, Inc. All other trademarks mentioned in this document are the property of their respective owners. |
