NAPLES, FL -- March 28, 2017 -- InvestorsHub NewsWire -- FTE
Networks, Inc. (OTCQX:FTNW),
a leading network infrastructure solutions provider to the
technology and communications industries, today announced the
expansion of its leadership team with the appointment of industry
veteran William P. Leonard as Vice President of Sales, Central and
Eastern Regions. Leonard is the latest addition to a robust and
experienced sales force, reflecting FTEs strategy to hire top-tier
talent to build out the Companys national footprint. He will help
FTE expand its presence in the Central and Eastern U.S.
territories, with a focus on gaining deeper penetration within the
existing customer base, adding new customers, and expanding the
business pipeline.
Leonard joins FTE Networks with an outstanding track record as a
resourceful and diversified revenue producer in the
telecommunications industry. Previously, Leonard was Senior
Director of Sales at Level 3 Communications, where he was
responsible for setting and exceeding revenue growth targets and
managing a team of nine focused on improving sales of data, voice,
infrastructure, and transport products. During his time at Level 3,
Leonard proactively engaged with the existing customer base to gain
a more intimate understanding of customer needs and requirements
and directed development teams to ensure products aligned with
these evolving customer demands. This provided Level 3 with a
deeper understanding of its current diverse base, and also opened
the door to new vertical markets. In addition, Leonard spearheaded
a targeted customer strategy to drive demand and improve
cross-selling opportunities. Prior to joining Level 3, Leonard held
positions as VP Business Development at New World Networks and
Integration Engineer, Access Planner, and International Operations
Manager at GTE Internetworking.
We are excited to welcome Bill Leonard to the Company, and look
forward to benefitting from his expertise and leadership as we
expand operations in the Central and Eastern United States, said
Michael Palleschi, Chairman and Chief Executive Officer of FTE
Networks. William is an accomplished industry veteran and his
experience in targeted sales, business development, and
relationship management will provide valuable support to a deepened
sales team, which will continue to execute on the Companys growth
strategy.
About FTE Networks, Inc.
FTE Networks is on the leading edge of network transformation
helping communications service providers, government and enterprise
customers evolve their networks to meet advancing technology
requirements via network infrastructure, and edge computing
solutions to quickly enhance service innovation and deliver new
revenue streams. With a focus on smart design, open architectures,
and consistent standards, along with expertise in building,
operating, and maintaining networks, FTE solves complex network and
system challenges that reduce costs and deployment time to
accelerate delivery and optimize performance of network
infrastructure. Operating five (5) industry segments; Data Center
Infrastructure, Fiber Optics, Wireless Integration, Network
Engineering, and Compute to the Edge, FTE Networks is headquartered
in Naples, Florida, with offices throughout the United States and
Europe. For more information, please visit: www.ftenet.com.
Forward Looking Statements
This release may contain forward-looking statements relating to
the business of FTE. All statements other than historical facts are
forward-looking statements, which can be identified by the use of
forward-looking terminology such as "believes," "expects" or
similar expressions. These statements involve risks and
uncertainties that may cause actual results to differ materially
from those anticipated, believed, estimated or expected. These
risks and uncertainties are described in detail in our filings with
the Securities and Exchange Commission. Forward-looking statements
are based on FTE's current expectations and beliefs concerning
future developments and their potential effects on FTE. There is no
assurance that future developments affecting FTE will be those
anticipated by FTE. FTE undertakes no obligation to publicly update
or revise any forward-looking statements, whether as a result of
new information, future events or otherwise, except as required
under applicable securities laws.
FTE Networks, Inc.
999 Vanderbilt Beach Rd., Suite 601
Naples, FL 23108
(239) 220-5730
ir@ftenet.com
OTCQX:FTNW
Investor Relations:
Robert Goetze
MBS Value Partners
(212) 897-9667
Robert.goetze@mbsvalue.com
Media:
Jon Elsen
MBS Value Partners
(914) 305-6981
Jon.elsen@mbsvalue.com