ATLANTA, Oct. 6 /PRNewswire/ -- Preferred Networks, Inc. (Nasdaq: PFNT)
(PNI), a leading outsourcing services provider to the wireless industry, today
announced the appointment of Michael C. Ward as President and Chief Operating
Officer of its wholly owned subsidiary, EPS Wireless, Inc. (EPS). Mr. Ward
replaces David Lopez, Jr., former CEO of EPS, effective September 16, 1998.
Mr. Ward has over 20 years of experience in the wireless industry and is a
former Board member of EPS. Prior to his appointment at EPS, Mr. Ward has
been serving as a senior consultant to a number of companies, including Sprint
PCS, ALLTEL Information Services, and Cellular One. From 1995 to 1997, Mr.
Ward was vice president of operations for Wireless One Network, a 3.2 million
pop (point of presence) cellular company, and from 1987 to 1995, he was
executive vice president of operations with Dial Page. Prior to that, Mr.
Ward held a variety of positions in operations, engineering and marketing with
AT&T and with Pactel Paging (now Airtouch). Mr. Ward is a graduate of the
U.S. Naval Academy and holds an MBA in finance.
Mark H. Dunaway, CEO of PNI said, "We are extremely excited about Mike
joining the team. He is a seasoned veteran of wireless and has run
high-growth, profitable companies in both paging and cellular. As a former
Board member of EPS, Mike is intimate with our business and has long-standing
relationships with many of our customers and employees."
Dunaway added, "A number of EPS's customers are currently centralizing and
consolidating their pager inventories and it is very important that EPS
position itself quickly to meet these and other emerging industry conditions.
Mike has a proactive approach to such opportunities and to achieving positive
bottom-line results during and after periods of organizational change. We are
confident that he will provide outstanding leadership for EPS."
Preferred Networks, Inc., headquartered in metropolitan Atlanta, provides
outsourcing solutions to the wireless industry which allow companies to offer
branded wireless services directly to subscribers, while relying on PNI to
provide high-quality network, technical, and product services. PNI offers its
services through its Access Services Division, a provider Of Wholesale paging
network services and information services technical support, and through its
wholly owned subsidiaries: Preferred Technical Services, Inc., a provider of
paging network equipment installation, maintenance and engineering services;
and EPS Wireless, Inc., a national provider of paging and cellular product
repair services, sales of new, used and refurbished paging and cellular
products and inventory management services. PNI's address on the World Wide
Web is http://www.pni.net.
Safe Harbor Statement Under the Private Securities Litigation Reform Act
of 1995: The statements contained in this release which are not historical
facts, such as those concerning future financial performance and growth, are
forward looking statements that are subject to risks and uncertainties,
including those identified in the Company's 1997 Annual Report on Form 1O-K
and in its June 30, 1998 1O-Q, and actual results could differ materially from
those anticipated in the forward-looking statements.
SOURCE Preferred Networks, Inc.
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Related links:
http://www.pni.net
Company News On-Call: http://www.prnewswire.com or
fax, 800-758-5804, ext. 109794
CONTACT:
David Sullivan, Director of Corporate
Relations, Preferred Networks, Inc., 770-582-3507
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