Farmstead Telephone Group, Inc. Appoints Alfred Stein as Executive Vice President
January 06 2005 - 1:00PM
PR Newswire (US)
Farmstead Telephone Group, Inc. Appoints Alfred Stein as Executive
Vice President EAST HARTFORD, Conn., Jan. 6 /PRNewswire-FirstCall/
-- Farmstead Telephone Group, Inc. (AMEX:FTG) today announced the
hiring of Mr. Alfred G. Stein as Executive Vice President of the
Company, effective January 15th, 2005, succeeding Michael R.
Johnson who departed the Company December 31, 2004. Mr. Stein was
initially engaged by Farmstead in September 2004 as an outside
business consultant to assist management in the development of a
strategic re- direction of the Company's sales organization and
product offerings. Mr. Stein comes to Farmstead with extensive
experience in the telecommunications industry. Since 2002 he served
as founder and President of Matthews & Wolf, LLC, a small
business consulting firm. From 1998 to 2002 he served as Vice
President - Business Process Development for Exp@nets, Inc. a voice
and data solutions provider with over $1 billion in revenues. From
1983 to 1998, he was President of Eagle Intercommunications, Inc. a
New York based telecommunications solution provider selling
Toshiba, NYNEX and Avaya products and services. Eagle was acquired
by Exp@nets in May of 1998. Jean-Marc Stiegemeier, Farmstead's
President and CEO, said, "All of us at Farmstead are pleased that
Al has accepted this position. I worked closely with Al during the
acquisition of Eagle, and I know that Al's wealth of experience in
the telecommunication's industry, as evidenced by his prior
successes, will bring significant value to Farmstead as we begin
the execution of our re-defined strategic vision. The Farmstead
team is currently positioning the Company to reap the rewards of a
paradigm shift that is now occurring in the telecommunications
industry. We expect that this re-direction will bring a host of new
product offerings to our customers nationwide, and Al's skills will
provide great value in executing that plan." About Farmstead
Farmstead Telephone Group, Inc. is an Avaya Inc. Gold Business
Partner, selling, installing and maintaining both new and
refurbished Avaya business communications products nationwide.
Further information about Farmstead Telephone may be found at
http://www.farmstead.com/. We are interested in your feedback and
comments. To respond to questions from our management team, click
here:
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This release contains forward-looking statements that involve risks
and uncertainties. In addition to historical information, investors
should consider carefully the risks associated with an investment
in the Company's securities as previously outlined by the Company
in its prior filings with the Securities and Exchange Commission.
CONTACT: Robert G. LaVigne, CFO Farmstead Telephone Group, Inc.
Voice: 860-610-6002 Fax: 860-610-6001 DATASOURCE: Farmstead
Telephone Group, Inc. CONTACT: Robert G. LaVigne, CFO of Farmstead
Telephone Group, Inc., +1-860-610-6002 Web site:
http://www.farmstead.com/
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