@Home Solutions Announces Executive Team
March 16, 1999 01:54 PM
REDWOOD CITY, Calif., March 16 /PRNewswire/ -- @Home Network ATHM , the leading provider of high-speed Internet services via the cable infrastructure, today announced the appointment of the core management team for @Home Solutions, the recently formed venture offering turnkey, fully-managed and comprehensive broadband cable Internet services for small and medium-sized cable operators and systems.
Executives have been gathered from major telecommunications, Internet and cable companies to deliver strong and relevant strategic management and marketing skills to lead @Home Solutions. The team includes Mark Mangiola, Vice President and General Manager, @Home Solutions Business Unit, who joins from @Home Network; Dan Donnelly, Director of Sales Development, previously at ISP Channel; Mariann Belmonte, Director of National Accounts, who joins from MediaOne. Together they bring more than 40 years of cable marketing experience to the venture.
"I am thrilled to have such a strong team leading our small to mid-size efforts," said Dean A. Gilbert, senior vice president and general manager, @Home Network. "With their combined experience in the industry, we are well poised to successfully grow this business and bring high-speed Internet access to all communities regardless of size or location."
Mark Mangiola, Vice President and General Manager, joins from @Home Network where he was Vice President Operations. Before joining @Home Network, Mangiola was President and CEO of Positive Communications. Prior to that he was Executive Vice President, Operations for KBLCOM/Time Warner in California. He has an MBA from the University of Southern California and a BA from California State University, Long Beach.
Dan Donnelly, Director of Sales Development will be responsible for the addition of cable affiliates to @Home Solutions. He will also support @Home Network's set-top distribution sales initiative. Prior to joining @Home, Donnelly served as Senior Vice President, Affiliate Sales for the ISP Channel. He has also held key positions with Starsight Telecast, Showtime Networks and the Military Channel. He received an MBA from Oklahoma City Universtiy and a BA from Frostberg State Universtiy.
Mariann Belmonte, Director of National Accounts, will be responsible for the launch and management of the cable affiliates. Belmonte was most recently Western Region Director of Video Products and Services for MediaOne. Prior to that she was Vice President, Sales and Marketing for Time Warner Communications. She has also held positions at Comcast Cable, Choice Television, Showtime/The Movie Channel. She has a BS from St. John's University and has 19 years of cable experience.
@Home Solutions is designed for small and mid-sized cable operators who want to maintain their individual market presence and yet realize the benefits of a nationwide consortium. @Home Solutions will enable affiliated cable operators to benefit from the scale and leverage afforded by @Home Network's nationwide backbone, compelling content and strategic technology partnerships.
@Home Network
Based in Redwood City, California, @Home Network distributes high-speed, openly accessible Internet and Web services to residences and businesses using its own network architecture and a variety of transport options including the cable industry's hybrid-fiber coaxial infrastructure. The cable connection provides users significant increases in speed over conventional Internet services. Leveraging the "always on" attributes of cable, @Home allows for unique multimedia applications that go beyond current Web experiences. Individuals seeking additional information about availability and subscription can refer to the @Home Network Web site (www.home.net). Since its founding in 1995, @Home Network has reached affiliate agreements with eighteen leading cable companies worldwide, including Bresnan Communications Company, Cablevision Systems Corp., CasTel, Century Communications, Charter Communications, Cogeco Cable Inc., Comcast Corporation, Cox Communications, Garden State Cable, Insight Communications, InterMedia Partners, Jones Intercable, Lenfest Communications, Midcontinent Cable Co., Palet Kabelcom, Rogers Cablesystems Limited, Shaw Communications, and AT&T Broadband & Internet Services.
NOTE: @Home, @Home Network and the "@" logo are trademarks of At Home Corporation. Such trademarks may be registered in certain jurisdictions. All other brands and product names are trademarks of their respective owners.
This press release contains forward-looking information within the meaning of Section 27A of the Securities Exchange Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbors created by those sections. These forward-looking statements include statements related to @Home Solutions' plans to partner with cable operators, technology suppliers and systems integrators in offering its services; @Home Solution's ability to extend @Home's existing business model by providing additional services to cable operators such as Equipment financing; and the financial, operational and strategic benefits that small and mid-sized cable operators will realize by working with @Home Solutions. Actual results may differ materially due to a number of factors, including: numerous technological, operational and financial challenges associated with providing cable modem services to small and mid-sized markets; @Home's ability to recruit the partners required to deploy such services; the rate at which the cable operators serving such small and mid-sized markets will upgrade their cable infrastructures; the degree of customer acceptance for the services; and competition from other broadband providers that have targeted small and mid-sized cable markets. The matters discussed in this press release also involve risks and uncertainties described from time to time in @Home Network's filings with the Securities and Exchange Commission. In particular, see the risk factors described in @Home Network's Form S-3 Registration Statement filed on August 12, 1998 and in its Form 10-Q for the quarter ended December 31, 1998. @Home Network assumes no obligation to update the forward-looking information contained in this press release.
SOURCE @Home Network |
