NeoNova Adds John Carlson and David Walrod to Board of Directors

November 9, 2010

RESEARCH TRIANGLE PARK, N.C., Nov. 9, 2010 /PRNewswire/ — NeoNova Network Services, Inc., the industry leader in managed broadband services for Telcos today announced John Carlson and David Walrod have joined NeoNova’s Board of Directors.

Carlson previously served as CEO of NeoNova and is President of the consulting firm System Change. Located in Andover, MA, System Change supports executives, VC’s and private equity managers in improving performance and building high-valuation operating companies. He previously worked for Zend Technologies and was a key management contributor at Tessera Technologies. He began his career at General Instrument, and consulted for Genuity in the telecommunications industry. His extensive experience in the communications industry from the product, services and solutions vantage points will help NeoNova position itself for future growth.

“NeoNova is well positioned as an industry leader in ISP managed services,” said Carlson. “I’m very excited to be a part of the team that is driving the required innovation in the way Telcos will adapt in the quickly changing broadband market.”

Walrod, currently a Venture Partner with Bridgescale Partners, has been involved with investing in growth technology companies for most of his professional career. Walrod has led and managed equity investments in a range of communications/IT-focused products and services companies including NextG Networks, Lumasense Technologies, Presidio Network Solutions, Zayo Group, Wavestream and CoreTek (sold to Nortel). Previously, Walrod worked at McKinsey & Company where he served clients in the telecommunications, media and financial services industries. His primary focus was developing and implementing strategies for new product introduction, evaluating new market opportunities and joint ventures/alliances, as well as developing execution capabilities. This expertise will serve NeoNova well as a new set of products and services combine with the Google Apps Strategy launched in July of 2010.

“NeoNova’s value proposition, of integrating the best-of-breed services to increase revenue and reduce the cost and complexity of broadband services has great appeal to this market,” said Walrod. “I look forward to working with the company to help it execute on its tremendous industry opportunity.”

“The success of our programs and initiatives is due in no small part to the leadership and guidance of our board members,” said Ray Carey, CEO and Chairman of NeoNova’s board. “As we are entering a new period of growth, we are extremely fortunate to have such talented people join our board of directors and we look forward to their contributions as we work to not only attract and retain new customers, but to also build new product lines that address the rapidly changing Telco market.”

About NeoNova

NeoNova drives revenue growth and optimizes customer performance by delivering a wide array of subscriber, network management, and professional services leveraged by extensive industry experience and their powerful service delivery software platform. NeoNova’s cloud-based, flexible, and modular provisioning platform enables a comprehensive suite of applications and value-added services that allow service providers to become a best in class ISP in less time with a greater ROI. Recently NeoNova entered into a strategic relationship with Google(TM) and is now an authorized reseller of the Google Apps(TM) suite of communication and collaboration tools. For more information, please visit www.neonova.net.

SOURCE NeoNova Network Services, Inc.

Source: newswire

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