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Knology Announces Organization Change

Posted on: Thursday, 11 August 2005, 09:00 CDT

Knology, Inc. (Nasdaq: KNOL) announced today that M. Todd Holt, the company's Vice President and Corporate Controller, has been appointed Chief Financial Officer. Mr. Holt will replace Robert K. Mills, who will be leaving Knology to pursue another career opportunity.

Rodger L. Johnson, Knology's President and Chief Executive Officer, stated, "We will miss Rob and the insights he has offered as we have grown our business. He has been a big contributor to our success thus far; however, we fully understand and appreciate his desire to move for family reasons and his interest in becoming involved with a smaller business venture. We wish him the best in his future endeavors.

"We are fortunate that we have a strong financial team within Knology," Johnson continued. "Todd is highly qualified to step immediately into the Chief Financial Officer role. He has been our Corporate Controller since 1998 and has developed significant industry and Knology specific expertise. His experience at Knology will make the transition seamless." Mr. Holt spent his early career at Ernst & Young and is a member of the American Institute of Certified Public Accountants. He has also held financial and accounting management positions in industry prior to joining Knology in 1998.

About Knology

Knology Inc., headquartered in West Point, Georgia, is a leading provider of interactive communications and entertainment services in the Southeast. Knology serves both residential and business customers with one of the most technologically advanced broadband networks in the country. Innovative offerings include over 200 channels of digital cable TV, local and long distance digital telephone service with the latest enhanced voice messaging features, and high-speed Internet access, which enables consumers to quickly download video, audio and graphic files using a cable modem.

Knology's fiber-based business products include Passive Optical Network (PON), which supplies IP architecture with segmented voice and data bandwidth, and Managed Integrated Network Solutions (MATRIX), an integrated IP-based technology which converges data and voice. For more information, please visit www.knology.com.


Source: Business Wire

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