euNetworks Appoints Neil Hobbs to Board of Directors

London, UNITED KINGDOM 2 January 2014 – euNetworks Group Limited, today announced the appointment of a new Director to the Board. This appointment was effective 1 January 2014. Neil Hobbs joins as an Independent, Non-Executive Director. He brings over 25 years of experience in the technology and telecommunications industry, holding Chief Executive, Chairman and senior executive positions. Mr. Hobbs is Chief Executive Officer (CEO) of Terrepact Inc, taking up this position in June 2013. He holds a position on the Board of Directors of Cologix and is also Chairman of Teliris, having joined that business in 2010 as CEO. Prior to Teliris, Mr. Hobbs served as President and CEO for Atlantix Global Systems. He also held a number of senior positions at Level 3 Communications, where he guided the company to positive cash flow for the first time in its history. As Executive Vice President of Operations at Level 3, Mr. Hobbs was responsible for $4.2B revenue, $1B EBITDA and a $500M capital budget operating in 22 countries around the world. Prior to Level 3, he led global sales, marketing and customer service, operating in 65 countries for Concert, a joint venture between AT&T and British Telecom.

“We are delighted to welcome Neil to the euNetworks Board,” said Brady Rafuse, Chief Executive Officer of euNetworks. “With his wealth of industry experience, Neil is a strong addition to the team as we continue to grow our business through 2014. His extensive and global Board and management experience is valuable to our continued development in Europe.”
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About euNetworks

euNetworks is a bandwidth infrastructure company, owning and operating 18 fibre based metropolitan networks connected with a high capacity intercity backbone covering 53 cities in 17 countries. The company leads the market in data centre connectivity, directly connecting over 545 today. euNetworks is also a leading cloud connectivity provider, directly connecting to all key cloud platforms with access to additional platforms. The company offers a targeted portfolio of metropolitan and long haul services including Dark Fibre, Wavelengths, and Ethernet. Wholesale, finance, content, media, data centre and enterprise customers benefit from euNetworks’ unique inventory of fibre and duct based assets that are tailored to fulfil their high bandwidth needs.

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