Names Senior VP for Sales and Marketing; Diane Gongaware
Joins Company's Senior Management Team [June
HAVEN, Conn., Jun 24, 2004 (BUSINESS WIRE) -- DSL.net,
Inc. (DSLN), a leading nationwide provider of broadband
communications services to businesses, said today that
it has named Diane B. Gongaware to the position of senior
vice president of sales and marketing.
Ms. Gongaware, an experienced high-tech
and telecommunications sales and marketing leader, formally
begins her duties on Monday, June 28, 2004. She comes
to DSL.net from Momentum Technology Partners, where
she was a principal for the consulting firm, which specializes
in interim executive management services for VC/private
equity firms, portfolio companies and corporate ventures.
Her clients in the communications industry have included
software companies in the Internet and VoIP (voice over
Internet protocol) sector.
"We are delighted to add Diane
to the DSL.net team in this key role," said Keith
Markley, president and chief operating officer of DSL.net.
"Diane brings over 20 years of sales, marketing
and management experience in the telecommunications
arena with a successful track record of leading teams,
increasing sales, developing new products and sales
channels, and helping position companies for sustained
A former senior vice president of sales
and the Northeast region president for 2nd Century Communications,
Ms. Gongaware also served as vice president of corporate
development, marketing and strategy at Velocita Corporation
and is a former vice president of the enterprise accounts
group at Verizon Corporation (then Bell Atlantic Corporation).
In addition, her background includes vice president
and general manager for the Penn Access Corporation
(now AT&T/Pittsburgh) and various senior positions
at U.S. Sprint Corporation.
Ms. Gongaware succeeds Ray Allieri,
who left DSL.net to become president of Waltham, Mass.-based
CTC Communications Corporation.
DSL.net, Inc. is a leading nationwide
provider of broadband communications services to businesses.
The Company combines its own facilities, nationwide
network infrastructure and Internet Service Provider
(ISP) capabilities to provide high-speed Internet access,
private network solutions and value-added services directly
to small- and medium-sized businesses or larger enterprises
looking to connect multiple locations. DSL.net product
offerings include T-1, DS-3 and business-class DSL services,
virtual private networks (VPNs), frame relay, Web hosting,
DNS management, enhanced e-mail, online data backup
and recovery services, firewalls and nationwide dial-up
services, as well as integrated voice and data offerings
in select markets. For more information, visit www.dsl.net,
e-mail firstname.lastname@example.org or call 1-877-DSL-NET1 (1-877-375-6381).
This press release contains forward-looking
statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E
of the Securities Exchange Act of 1934, as amended.
These forward-looking statements are subject to a variety
of risks and uncertainties, many of which are beyond
DSL.net's control, which could cause actual results
to differ materially from those contemplated in these
forward-looking statements. In particular, the risks
and uncertainties include, among other things, (i) DSL.net's
unproven business model, which may not be successful;
(ii) DSL.net's ability to execute its business plan
in a timely manner to generate sufficient revenue, contain
certain discretionary spending or achieve certain other
business plan objectives; (iii) regulatory, legislative
and judicial developments, which could adversely affect
the way DSL.net operates its business; (iv) competition;
and (v) DSL.net's dependence on wholesale providers
to provide it with local DSL and T-1 facilities in areas
where it has not deployed its own equipment. Existing
and prospective investors are cautioned not to place
undue reliance on these forward-looking statements,
which speak only as of the date hereof. DSL.net undertakes
no obligation, and disclaims any obligation, to update
or revise the information contained in this press release,
whether as a result of new information, future events
or circumstances or otherwise. For additional information
regarding these and other risks faced by DSL.net, see
the disclosure contained under "Risk Factors''
in DSL.net's Annual Report on Form 10-K for the year
ended December 31, 2003, which has been filed with the
Securities and Exchange Commission.
DSL.net is a trademark of DSL.net, Inc.
Other company names may be trademarks of their respective
SOURCE: DSL.net, Inc.
Joe Tomkowicz, 203-782-3885
Bob DeSantis, 203-782-3267