April 25, 2006
Nortel sales and marketing veteran to lead revitalized Radiant to growth and profitability
April 25, 2006 (Vancouver, BC) – Radiant Communications Corp. (“Corporation”) (TSX Venture Exchange: RCN), Canada’s leading supplier of Internet-based data communications and Internet services to the business market, today announced the appointment of David A. Buffett to the position of President and CEO effective May 8th, 2006.
Mr. Buffett had a successful 25 year career at Nortel. He had a series of progressively more responsible positions in sales, marketing and general management culminating in significant leadership roles as a regional Vice-President for Western Canada and President of Nortel’s Wireline Networks for Europe, Middle East and Africa. Mr. Buffett has extensive experience in the telecommunications and data industry and has managed operations in both large multi-national and start-up situations.
Chris Worthy, Chairman of Radiant commented that “David and Radiant promise to make an extremely effective team. Over the past 9 months we have made some dramatic changes to the operation by increasing efficiency, focusing on high-growth products and markets and strengthening the speed and quality of service delivery that is Radiant’s competitive edge. After a rigorous and diligent search we are extremely pleased to have David on board to take the high quality core business proposition that Radiant is today, and lever those strengths and advantages into the high growth and lucrative business connectivity market. David has a wealth of experience in both the telecom and data-com markets and our belief is that he will hit the ground running and continue his record of excellence and success.”
Mr. Buffett is a University of Waterloo graduate who worked his way up through Bell Canada and Northern Telecom to Major Account Vice President for Western Canada followed by a promotion to President of the Nortel Wireline Group for Europe, Middle East and Africa (EMEA) headquartered in the United Kingdom. Mr. Buffett left Nortel Networks in 2005 and returned to Canada joining Bel Air Networks, a small privately held 80 person company with products in the 802.11 Wi Fi and Wi Max market as Vice President Strategic Accounts.
The combined experience of leading a large team in a global multinational as well as participating in a small entrepreneurial start up company, both in the telecom market, make him an ideal candidate to lead Radiant Communications’ growth strategy and initiatives moving forward. Mr. Buffett’s extensive experience in the telecommunications market as well as recent experience with new technologies and solutions in the IP and wireless arena will bring a wealth of experience to Radiant Communications as the company brings new products and services to the SME marketplace.
ABOUT RADIANT COMMUNICATIONS
Radiant Communications Corp. (www.radiant.net) provides a total, integrated solution for businesses requiring national IP data communications services including, broadband and managed network services, Internet access and web hosting.
The Company offers a complete range of coast-to-coast broadband services including DSL, T1, Fibre, and Cable. Radiant also provides specialized IP services for the Canadian retail industry, namely, RetailCONNECTä IP network services and TurboSwitch IP payment gateway services. Radiant has offices in Toronto, Montreal, Calgary, Edmonton and Vancouver.
For More Information:
Investors & Media: Chuck Leighton, CFO, 604-692-4531, cleighton@radiant.net
This press release may contain forward-looking statements, including statements regarding the business and anticipated financial performance of Radiant, which involve risks and uncertainties. These risks and uncertainties may cause Radiant's actual results to differ materially from those contemplated by the forward-looking statements. Factors that might cause or contribute to such differences include, among others, competitive pressures, the growth rate of the Internet and telecommunications concerns, constantly changing technology and market acceptance of the company's products and services. Investors are also directed to consider the other risks and uncertainties discussed in Radiant's required financial statements and filings. All other companies and products listed herein may be trademarks or registered trademarks of their respective holders.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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