| PRIMUS
Telecommunications Named Winner in First-Ever American
Business Awards [1st May 2003]
MCLEAN,
Va., May 1, 2003 (BUSINESS WIRE) -- PRIMUS Telecommunications
Group, Incorporated (PRTL) , a global telecommunications
services provider offering an integrated portfolio of
voice, data, Internet, and Web hosting services, today
announced that it was named a winner in the Best Business
Turnaround category for the first-ever American Business
Awards(SM).
Hailed
as "the business world's own Oscars" by the
New York Post (September 22, 2002), The American Business
Awards are the first national, all-encompassing business
awards program honoring great performances in the workplace.
"In
the course of two years, PRIMUS has come from the brink
of expected oblivion to being the honoree this evening.
For this, we need to recognize the vision and will of
my co-founder, K. Paul Singh, the support of a courageous
Board of Directors, a deeply talented management team
that flawlessly executed our strategy, the loyalty and
sacrifices of our employees worldwide, and those customers,
investors and analysts who never lost faith. On behalf
of all those constituencies, I most gratefully accept
this marvelous award," stated John F. DePodesta,
co-founder and Executive Vice President of PRIMUS, who
accepted the Stevies(TM)award on behalf of the Company
at last evening's awards ceremony.
Nicknamed
the Stevies(TM)for the Greek word "crowned,"
the award was presented at a nationally broadcast show
yesterday, April 30, at the Sheraton New York Hotel
& Towers in New York City. The ceremony was hosted
by Charles Osgood, host of CBS News Sunday Morning and
commentator for the CBS Radio Network, and was broadcast
nationwide on radio, and worldwide via the Internet,
by Business TalkRadio.
Almost
500 nominations from companies of all sizes and in virtually
every industry were submitted for consideration in more
than 40 categories. Members of the Awards' Board of
Distinguished Judges & Advisors and their staffs
will select Stevie winners from among the finalists.
The Board includes business luminaries such as Rich
Karlgaard, publisher of Forbes, Bruce Nelson, chairman
& CEO of Office Depot, marketing gurus Don Peppers
and Martha Rogers, Anthony Robbins, Chairman & CEO
of The Anthony Robbins Companies, Drew Schutte, publisher
of Wired Magazine, Jeffrey Tarr, chairman & CEO
of Hoover's Inc., and Donald Trump, chairman, president
and CEO of The Trump Organization.
About
PRIMUS Telecommunications Group, Incorporated
PRIMUS
Telecommunications Group, Incorporated (PRTL) is a global
telecommunications services provider offering bundled
voice, data, Internet, digital subscriber line (DSL),
Web hosting, enhanced application, virtual private network
(VPN), and other value-added services. PRIMUS owns and
operates an extensive global backbone network of owned
and leased transmission facilities, including approximately
250 points-of-presence (POPs) throughout the world,
ownership interests in over 23 undersea fiber optic
cable systems, 19 international gateway and domestic
switches, a satellite earth station and a variety of
operating relationships that allow it to deliver traffic
worldwide. PRIMUS also has deployed a global state-of-the-art
broadband fiber optic ATM+IP network and data centers
to offer customer Internet, data, hosting and e-commerce
services. Founded in 1994 and based in McLean, VA, PRIMUS
serves corporate, small- and medium-sized businesses,
residential and data, ISP and telecommunication carrier
customers primarily located in the North America, Europe
and Asia Pacific regions of the world. News and information
are available at PRIMUS's Web site at www.primustel.com.
About
The American Business Awards(SM)
A
celebration of great performances in the workplace,
The American Business Awards are the first national,
all-encompassing business awards program. Honoring companies
of all types and sizes and the people behind them, the
Awards recognize outstanding leadership, innovation,
perseverance, creativity, teamwork, and integrity through
more than 40 categories. The first American Business
Awards -- nicknamed The Stevies(TM) from the Greek word
for "crowned" - was presented at an awards
show in New York City on April 30, 2003. The program
is overseen by a Board of Distinguished Judges &
Advisors, which includes leading business executives,
authors, and academics. Sponsors of the 2003 American
Business Awards include Business TalkRadio, DHR International,
Empire Media, Forbes, Hoover's Online, Inc. Magazine,
Miller Heiman, Selling Power Magazine, and Wired Magazine.
SOURCE:
PRIMUS Telecommunications Group, Incorporated
PRIMUS
Telecommunications Group
Jordan Darrow, 212/703-0116
jdarrow@primustel.com
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