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Epixtar Names New CEO
Wednesday, December 1, 2004
Cisco Veteran To Head Up Company's Aggressive Business Process Outsourcing Strategy
MIAMI - December 1, 2004 - Epixtar Corp. (OTC Bulletin Board:
EPXR - News) today announced that Ilene Kaminsky, formerly
with Cisco Systems, has been appointed Chief Executive Officer
(CEO) of the Company. She succeeds former CEO, David Srour,
who will retain his position as president and reassume his
position as COO.
Kaminsky's role at Epixtar will be to provide overall strategic
and operational direction for the Company as it develops and
manages the capacity to serve the rapidly growing opportunities
available in the contact center and business process outsourcing
arenas.
"Ilene's extensive strategic knowledge and experience in
the domain of rapid growth, IT-enabled services will be of
tremendous value to our organization in terms of our growth
plan and our operations," said David Srour chief operating
officer. "She brings the right balance of operational expertise
and business leadership to Epixtar and we are pleased that
she shares our vision for business process outsourcing in
the Philippines."
Kaminsky commented, "I am excited to join Epixtar and fully
embrace the opportunity before us; we're in the right markets
at the right time with some of the best people in the industry.
I look forward to leading such an experienced executive team."
As a Managing Director in Cisco Systems' Internet Business
Solutions Group, Ms. Kaminsky led business strategy and operations
engagements with key service provider customers. She also
led Field Operations and Strategy for Cisco's US Cable and
Emerging Provider sales organization. Prior to joining Cisco
Systems, Kaminsky held senior management positions with several
communications companies including a fixed wireless broadband
CLEC, a facilities-based long distance carrier and a prepaid
telecommunications company. She has also served as a consultant
to a number of service provider and datacom companies to help
develop corporate strategy through product development and
deployment.
An industry leader, Kaminsky founded the Telecom Business
Women's Association (now Women in Network Communications)
and is a past board member of the International Telecard Association.
She is currently active in Women in Cable and Telecommunications,
(WICT) and is a board member of its South Florida chapter.
Kaminsky is also a frequent speaker at telecommunications
and Internet industry events, most recently in USTA's Telecom
'04 conference.
Epixtar has been a leader in the trend to locate business
process outsourcing and call center operations to the Philippines,
where a highly educated, English-speaking workforce is available
at a fraction of the cost of their U.S. competitors. The historical
affinity of the United States and the Philippines assures
a familiarity with U.S. culture that equates to higher levels
of customer satisfaction when compared to other offshore locations
such as India or the Caribbean. Additionally, as a former
U.S. colony and staunch ally of the United States, the Philippines
are rarely the subject of public backlash to offshore outsourcing.
About Epixtar
Epixtar Corp. is the parent company of Epixtar International
Contact Center Group, Ltd (EICCG), Epixtar Communications
Corp. (ECC) and the NOL Group, Inc. (NOL). ECC is a wholesale
telecommunications provider. NOL provides Internet services
to small and medium sized businesses.
EICCG, Epixtar's most active subsidiary, is a business process
outsourcing (BPO) company - aggregating contact center capacity
and robust telephony infrastructure to deliver comprehensive,
turnkey services to the enterprise market. From campaign design
through ongoing management, Epixtar delivers value-driven,
creative outsourcing solutions for the customer relationship
management (CRM) and telesales initiatives of third-party
companies. Companies use Epixtar's marketing expertise and
well-trained personnel to acquire, support, and enhance the
customer experience, reduce costs and generate top-line revenue.
Epixtar's corporate headquarters is in Miami, Florida and
it currently maintains two contact centers in Manila, Philippines,
with developmental plans to expand to additional centers over
the next 24 months.
Forward-looking Statements
This Press Release may contain "forward-looking statements,"
regarding EPIXTAR'S business, customers, partners, future
products and services, estimates of future business prospects
or financial results, statements regarding EPIXTAR'S objectives,
expectations, intentions, beliefs or strategies, or statements
containing words such as "believe," "project,"
"expect," "intend," "may," "anticipate,"
"plans," "seeks," or similar expressions.
It is important to note that EPIXTAR'S actual results could
differ materially from those in such forward-looking statements,
and undue reliance should not be placed on such statements.
Among the important factors that could cause such actual results
to differ materially are (i) the timing of significant orders
for EPIXTAR'S products and services, (ii) variations in the
terms and the elements of services offered under EPIXTAR'S
standardized contract for future service offerings, (iii)
changes in applicable accounting principles, (iv) difficulties
or delays in implementing EPIXTAR'S service offerings, (v)
failure to achieve sales, marketing and other objectives,
(vi) construction delays of new call centers, (vii) delays
in EPIXTAR'S ability to develop new products and services
and market acceptance of new products and services, (viii)
rapid technological change, (ix) loss of significant customers,
(x) risks inherent in conducting business abroad, (xi) currency
fluctuations, (xii) fluctuations in business conditions and
the economy, (xiii) EPIXTAR'S ability to attract and retain
key management personnel, (xiv) the marketplace's continued
acceptance of EPIXTAR'S service offerings, (xv) EPIXTAR'S
ability to continue the growth of its support service revenues
through additional technical and customer service centers,
(xvi) EPIXTAR'S ability to further penetrate into vertically
integrated markets, (xvii) EPIXTAR'S ability to expand its
global presence through strategic alliances and selective
acquisitions, (xviii) EPIXTAR'S ability to continue to establish
a competitive advantage through sophisticated technological
capabilities, (xix) the ultimate outcome of certain regulatory
actions, (xx) EPIXTAR'S ability to recognize deferred revenue
through delivery of products or satisfactory performance of
services; and (xxi) EPIXTAR'S continued ability to attract
and obtain adequate financing (xxii) other risk factors listed
from time to time in EPIXTAR'S registration statements and
reports as filed with the Securities and Exchange Commission.
All forward-looking statements which may be contained in this
Press Release are made as of the date that such statements
are originally published or made, and EPIXTAR undertakes no
obligation to update any such forward-looking statements.
For those statements, we claim the protection of the safe
harbor for forward-looking statements contained in Section
27A of the Securities Act, Section 21E of the Exchange Act,
and the Private Securities Litigation Reform Act of 1995.
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Contact:
Peter Nasca pnasca@epixtar.com (305) 937-1711
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Source: Epixtar Corporation
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