TelekomNet Appoints Veteran Telecom Executive Randall McComas to Strategic Advisory Board

Business Wire, Sept 13, 2000

Business/Technology Editors

BOSTON--(BUSINESS WIRE)--Sept. 13, 2000

Randall McComas has been appointed to the Strategic Advisory Board at TelekomNet(TM), the global business-to-business marketplace and interactive knowledge center for the networking and telecommunications industry. As a member of the advisory board, Mr. McComas will have broad responsibilities including examination of relationships, technology issues, markets, and strategies that affect TelekomNet.

"As TelekomNet expands and grows, we will rely on our strategic advisory board for expert advice," said S. Kaiser Bhuyan, president and CEO of TelekomNet. "Randall's industry expertise will be highly valuable as the board works to cultivate essential relationships, expand internationally, focus the direction of the company and analyze business effectiveness."

Mr. McComas currently serves as the vice president and general manager of Scient's (NASDAQ: SCNT) Telecommunications Business Unit. In this position, he consults telecommunications and utilities clients in establishing electronic business solutions to create market leadership, break-through position, and economic results through e-business strategy and execution.

Before joining Scient, Mr. McComas was vice president of telecommunications for IBM Global Telecom and Media Industries and was responsible for developing executive relationships with wireline and wireless carriers. He also developed and executed IBM's overall business strategy and go-to-market plans, developed and delivered products, solutions and services to the marketplace and managed IBM's global marketing and advertising campaigns.

Mr. McComas also held a number of other positions during his 16-year career at IBM, including Director of Emerging Markets for Telecommunications and Media Industries, and Global Director for Wireless Carriers for the Telecom and Media Industry. He also managed IBM's channel strategy to markets; advertising campaigns for the wireline carriers, wireless carriers and ISPs on a global basis.

Prior to IBM, MR. McComas was vice president for marketing and engineering at Kline Engineering. He also worked as a registered structural engineer in South Carolina and performed nuclear submarine duty for the United States Navy.

About TelekomNet, Inc.

TelekomNet, based in Boston, MA, is the first B2B vertical marketplace providing a full range of commerce, content and community for the telecommunications and networking market. In addition to direct e-commerce, TelekomNet also provides BuySellXchange.com, a global dynamic commerce marketplace specializing in refurbished, remanufactured, used, and end-of-life telecommunications and networking equipment; TelcoSearch.com, a bandwidth marketplace that allows customers to locate available bandwidth options based on geographic location and technology preference; TelekomNet Publishing that reports daily on the market and also furnishes a comprehensive library of in-depth product reviews and white papers; and MyEngineer.com, online engineering and consulting services for web-enabled network system analysis, design and configuration. For further information on TelekomNet, please visit www.telekomnet.com.