To: jon zachary who wrote (17023 ) 2/22/2000 12:35:00 PM From: freedog Respond to of 28311
Thought the GNET thread may be interested to see this item on HSAC and CHTR. Any thoughts ? Dan O'Brien Appointed CEO of High Speed Access Corp. DENVER--(BUSINESS WIRE)--Feb. 22, 2000--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. -------------------------------------------------------------------------------- Contact: High Speed Access Corp. Investor Contact: Stephen Calk, 303/256-2091 scalk@hsacorp.net or Media Contact: Katina Vlahadamis, Director of Media Relations 303/256-2018 kvlahadamis@hsacorp.net