Business Services Industry

NetSolve Names 3 Sales Veterans to Leadership Positions; Leading Provider of Remote IT Infrastructure Management Services Strengthens North American Sales Team

Business Wire, August 24, 2004

AUSTIN, Texas -- NetSolve, Incorporated (NASDAQ:NTSL), a leader in remote management and security of IT infrastructure, today announced a strengthening of its sales team and the following key appointments:

--David Dragonetti, former managing principal and solutions leader for advanced technologies at IBM, has joined NetSolve in the role of director and will manage NetSolve's Western Area sales team. Prior to his tenure at IBM, Dragonetti directed sales and professional services organizations at Unisys Corporation and Callisma.

--Donald Muto, NetSolve's regional sales manager for the north central region has been promoted to director, with responsibility for managing the company's Central Area sales team. Muto has over 20 years of sales management experience at industry leading companies such as Cisco Systems, Xerox, Octave Communications, Wang Laboratories and PictureTel.

--Allan Greenberg, a proven sales executive with over 20 years of experience managing sales and alliances at industry leading companies including Nortel, Compaq and Digital Equipment Corporation, has joined NetSolve in the role of director, and will manage NetSolve's Eastern Area sales team.

"David, Don and Allan bring a wealth of experience to NetSolve and will lead the next phase of development of the North American field sales team," said Greg Jones, NetSolve's vice president of sales. "We believe that, with these additions to our sales team, as the market for remote IT infrastructure management services continues to expand, we will be positioned to tap into that growth."

NetSolve sells its' services through a network of global systems integrators, OEM partners and networking VARS. David Hood, NetSolve's president and CEO commented: "Our sales team's primary responsibility is to support our channel partners. With past experience working for channel partners like IBM, Cisco Systems and Compaq, David, Don and Allen have a firm understanding of how to best support our key partner's sales and services teams."

About NetSolve, Incorporated

NetSolve is a leading provider of IT infrastructure management services for the enterprise. Using dynamic tools, an "own the problem" process and top-caliber engineers, NetSolve remotely monitors, diagnoses and solves a range of critical IT infrastructure issues. Offering proven remote management solutions since 1994, NetSolve provides remote operational management to over 800 companies in over 70 countries. NetSolve: www.netsolve.com or 800-NETSOLVE.

Forward-Looking Statements

This release includes "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. We sometimes identify forward-looking statements with such words as "intends," "believes," "expects," "views," "anticipates" or similar words indicating future events. Such statements include statements regarding or implying the ability of our sales team, and the individuals named in this release, to lead the next phase of our field sales team, allow us to tap into any growth in the market for remote IT infrastructure management services and support our channel partners, as well as the growth of the remote IT infrastructure management services market generally. Further, the results of the matters described in this release could differ materially from that discussed or implied. Factors that could contribute to such differences include, but are not limited to, general economic and business conditions, competition, factors affecting our industry, and other factors disclosed in our subsequent filings with the Securities and Exchange Commission, which are incorporated herein by this reference. Accordingly, although we believe that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Any forward-looking statement speaks only as of the date on which such statement was made, and we do not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement was made, or to reflect the occurrence of unanticipated events. New factors emerge from time to time and it is not possible for us to predict all such factors, nor can we assess the impact of each factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in, or implied by, any forward-looking statement.

COPYRIGHT 2004 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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