|[August 20, 2013]
MYCOM Names Industry Veteran Alfred Binford President and CEO of MYCOM's Advanced Engineering Services Division
ATLANTA & LONDON & SANTA MONICA, Calif. --(Business Wire)--
MYCOM Group, the leading independent provider of end-to-end services,
solutions and software for communications networks, and Clearlake
Capital, a private equity firm and strategic investor in MYCOM, today
announced several executive management appointments in response to
recent success and growth experienced across its Advanced Engineering
Services and Software divisions.
Alfred Binford is appointed President and CEO of MYCOM's Advanced
Engineering Services division, based in Atlanta, Georgia. The division
also recently appointed Richard Blanc as COO and David Winters as CFO.
Binford succeeds Richard Hessler, who is moving into a new role within
MYCOM Group after holding multiple senior executive roles in the
Siamak Sarbaz, Founder and CEO of MYCOM Group, said, "MYCOM's Advanced
Engineering Services continues to grow rapidly and is focused on
delivering excellent value to our customers. We believe Alfred's
background uniquely positions him to lead our services team in
delivering superior, advanced engineering services and technical
solutions that enable the world's leading wireless and convergent
communications companies to succeed in the face of tremendous
challenges. We believe his appointment as well as those of David Winters
and Richard Blanc, along with the rest of the high quality individuals
at MYCOM, will create an unparalleled team with which to go to market."
MYCOM Group has also promoted Dr. Payam Taaghol to lead its Software
division, based in London, as its President. Dr. Taaghol joined MYCOM in
2005 and was previously Managing Director and Head of Sales.
"MYCOM's Software division is seeing unprecedented growth given
carriers' ongoing needs to optimize and improve their network
performance, and we are excited to promote industry leader Payam Taaghol
to President of the division," Sarbaz continued. "The combination of our
multi-billion-dollar market opportunity, Clearlake's financial and
strategic backing, and our new leadership team across our group enhance
our ability to expand offerings while continuing to deliver best in
class service for customers."
Behdad Eghbali, a Founding Partner at Clearlake, said, "MYCOM is at the
forefront of the mobile broadband revolution, helping global carriers
successfully address the explosion of bandwidth consumption and
proliferation of mobile applications and services. The company is
well-positioned to benefit from growinginvestments in upgrading and
maintaining existing and Next Generation wireless networks. Clearlake is
pleased to back the excellent MYCOM management team and support the
Company as it pursues its aggressive growth trajectory."
About the new appointments:
Alfred Binford: Binford has more than 25 years of experience in
the communications industry and has worked across a broad range of
major markets. Prior to joining MYCOM North America, Binford led the
Amdocs (News - Alert) Consulting Division to significant growth on a worldwide basis,
joining the company in 2010. Before joining Amdocs, he was a senior
executive at Vodafone, leading its Global Enterprise business in the
Americas. Prior to working at Vodafone, Binford led the Managed
Services and Outsourcing businesses for Unisys (News - Alert) and, earlier, at EDS.
Binford began his career in telecommunications with AT&T where, over
the course of eleven years, he held assignments of increasing
responsibility across sales, marketing, network operations, and
product management. Binford went on to work at Verizon (News - Alert), where he was
initially Vice President of Corporate Marketing and Advertising, and
later the President and CEO of its long-distance subsidiary during the
Payam Taaghol: With more than 18 years of experience in
telecommunications, Dr. Taaghol has held executive positions with
Nortel, Bechtel, and Wireless Facilities International prior to
joining MYCOM in 2005 as the Managing Director of EMEA. In addition to
completing his Ph.D. at University of Surrey, Dr. Taaghol has also
held research and academic positions in the past and has published
extensively on various topics related to telecommunications technology.
Richard Blanc: Prior to joining MYCOM North America this year,
Blanc served as VP of Field Services for Ericsson since 2009. Prior to
Ericsson, Mr. Blanc spent 19 years in various senior management
positions in such areas as field services, network operations, special
operations, network integration management, and IT services
development, delivery and operations. Prior to Sprint (News - Alert), he spent 10
years in software development at such companies as BWAI, Telplus, and
David Winters: Winters is a deeply experienced finance
executive, who has previously held CFO, VP Finance, and other senior
finance and treasury positions at such companies as Mitel, IntelliOne,
Pure Med Spa, The Macauley Companies, Polycom, and BellSouth (News - Alert).
About MYCOM Group
MYCOM Group is a leading provider of innovative engineering services and
carrier grade software solutions to the global wireless communications
industry. MYCOM's Advanced Engineering Services division provides
value-added engineering and managed services for core network upgrades,
provisioning, maintenance, software and hardware upgrades, as well as
access networks design, deployment, and testing services for mobile
network operators. MYCOM's Software division develops, licenses, and
supports its NIMS-PrOptima™ solution - a converged (Fixed/IP/Mobile)
Network Performance and Service Assurance solution with the world's
largest out-of-the-box support for multiple technologies, domains, and
equipment vendors across access, backhaul, core and service networks.
MYCOM counts many leading CSPs globally as customers, was founded in
1997 and is privately-owned with 11 offices across Europe, Middle East,
Asia and the Americas. Further information about MYCOM can be found at www.mycom.com.
About Clearlake Capital Group
Clearlake Capital Group, L.P. is a private investment firm focused on
special situations and private equity investments such as corporate
divestitures, recapitalizations, buyouts, reorganizations, turnarounds
and other equity investments. Clearlake seeks to partner with
world-class management teams by providing patient, long-term capital and
operational expertise to invest in dynamic businesses. Clearlake
currently manages approximately $1.4 billion of equity capital, and
Clearlake's founding principals have led over 70 investments totaling
more than $3.0 billion of capital in sectors including business
services, communications, consumer products/retail, defense/public
safety, energy/power, healthcare, industrials, media, and technology.
For more information, please visit www.clearlakecapital.com.
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