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XPEDITE NAMES ELECTRONIC COMMUNICATIONS VETERAN AS NEW PRESIDENT
Robert P. Mainor to Lead Global Operations For Multimedia Messaging Leader
Tinton Falls, N.J. (April 22, 2002) — Xpedite (www.xpedite.com), a global leader in multimedia messaging and a business unit of Ptek Holdings, Inc. (NASDAQ: PTEK; www.ptek.com), today announced that it has named 20-year electronic communications veteran Robert P. Mainor as President. In this position, Mainor will be responsible for Xpedite’s global operations, and he will report directly to Richard J. Buyens, President of Global Services for Ptek Holdings.
Prior to joining Xpedite, Mainor was president and managing director of London-based COLT Internet, Europe’s leading voice, data and Internet company. At COLT, Mainor established and managed the pan-European IP backbone network, upon which he led the launch of their successful Internet access and hosting businesses in 13 countries. He also directed the company’s outsourcing business, providing value-added Internet security and multimedia messaging services. His career also includes positions at Bell Atlantic’s Data Solutions Group, where as senior vice president, he directed Internet marketing and product management. Mainor also was founder, president and CEO of SEARA Information Strategy Corporation, which was acquired by CompuServe in 1991. While at CompuServe, he launched the Internet division and was responsible for business services, global electronic communications and online technology forums.
"We are pleased that someone with Rob’s experience and proven track record will lead Xpedite," said Richard J. Buyens, President of Global Services for Ptek. "We've established Xpedite as a leader in the multimedia messaging industry, and we're confident that Rob can continue the momentum in new services such as messageREACH and voiceREACH."
For a detailed discussion of these and other cautionary statements and factors that could cause actual results to differ from the Company's forward-looking statements, please refer to the Company's filings with the Securities and Exchange Commission, especially in the "Factors Affecting Future Performance" included in the Management's Discussion and Analysis section of the Company's Form 10-K for the fiscal year ended December 31, 2000 and in subsequent filings filed with the Securities and Exchange Commission.
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