NewNet Communication Technologies LLC Names Ronald Pyles as CEO and President

Global sales and marketing senior executive to lead signaling and SMS solutions company

TRUMBULL, Conn., July 20, 2009 — NewNet Communication Technologies today announced that its Board of Managers has named Ron Pyles as President and Chief Executive Officer.

Pyles previously served as President of Continuous Computing Corporation, a developer of hardware and software building blocks used by leading telecommunications equipment manufacturers, application developers and global carriers. At Continuous Computing he led the company through a period of remarkable revenue growth and market expansion. Previously Pyles held a variety of sales leadership and executive positions during a twenty-year career at AT&T. While there, he played a major role in change management and business process reengineering efforts. At the time he left AT&T, Pyles was serving as Vice-President, General Manager for a multi-state region. Recently, Pyles has served as a consultant to multiple early stage wireless application companies, helping them develop go-to-market strategies and fine-tune business plans.

Alex Soltani, NewNet’s Chairman, stated, “NewNet’s board selected Ron based on his successful track record of leading complex organizations as well as his strong executive and personal qualities. Ron has outstanding expertise in sales, change management, and business planning. He is well-known within the telecommunications industry and will leverage existing relationships in his role with us. Building upon the accomplishments NewNet has achieved, I am confident that we will continue our string of successes with Ron at the helm. Together, we will collectively make this company an industry powerhouse.”

Pyles succeeds Tom Gudsnuk as President and Chief Executive Officer. “Tom played a central role in the formation of NewNet, including the acquisition of the signaling and messaging product lines in 2007 as well as the recruitment of the current organization,” said Soltani. “Under his leadership and hard work, the business produced increased revenue last year and strengthened relationships with key customers. We would not be involved in this business today if it were not for Tom’s vision, energy and drive.”

Pyles said, “NewNet Communication Technologies is a remarkable company with a proud history of innovation, outstanding talent and enviable market positions in each of its product lines. It’s a great honor to join NewNet’s leadership team and have the opportunity to drive the company’s future growth.”

About NewNet CT

With thousands of systems deployed in over 60 countries, NewNet CT is a recognized leader in signaling and messaging solutions for wireless, IP, and wireline networks. NewNet CT’s products are used by leading telecommunication equipment and service providers worldwide to deploy a wide variety of services. NewNet CT is headquartered in Trumbull, CT with additional offices in the United States and Europe. For more information, visit http://www.newnet.com

Media Contacts:

NewNet Communication Technologies, LLC
Sal Morlando
1 (203) 380-0537
sal.morlando@newnet.com

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