NEXAGENT BOOSTS LEADERSHIP TEAM WITH APPOINTMENT OF
EX- C&W and ENERGIS SALES DIRECTOR, PHIL BURCHELL AS VP SALES

  … to accelerate the development of enterprise engagements and Solution Provider partnerships

London, UK – May 26, 2004 – Nexagent, provider of MPLS IP-VPN Interconnect services, today announced the appointment of Phil Burchell as VP of Sales. He will report directly to Nexagent CEO, Royce Murphy.

Phil joins from Energis where he held senior management positions including MD of Strategic Solutions and Director of Systems Integrators, Outsourcers & Government divisions. He played a key leadership role during his time at Energis, which included a period during Energis’ restructuring. Under Phil’s leadership revenues in the Systems Integrator channel grew by over 50 per cent and Energis was awarded the Government Secure Intranet (GSI) network contract.

Prior to Energis, Phil spent several years at Cable and Wireless plc (C&W) in a variety of roles, including senior VP of EMEA and Acting President of Global Markets with responsibility for C&W’s top 250 multi-national customers. He had also been MD Corporate Markets & Business Sales Director UK & Europe when he held overall sales & service responsibility for both UK & European sales channels with a combined revenue responsibility of £1billion.

Phil’s appointment further boosts Nexagent’s sales and marketing push to meet the needs of the enterprise market through its solution partners. Nexagent is not a carrier, integrator or virtual network operator, but works with solution providers to rapidly and cost-effectively create seamless customised IP-VPN solutions by selecting and interconnecting the preferred national, regional or global MPLS carriers for each site.

Royce Murphy, CEO of Nexagent, commenting on Burchell’s appointment, said: “Phil joins Nexagent at a particularly exciting time. We have our production service in operation and demand for IP-VPN interconnection in Europe , the USA and Asia is accelerating. With a proven track record in business development and growing sales across many different sectors in the telecoms industry, Phil will be a great asset to the management team in helping to grow our customer base further.”

Phil Burchell, VP of sales at Nexagent, said: “I am delighted to be joining Nexagent. IP networks are now mission critical to all large enterprises and network traffic continues to grow as more applications are deployed and partners, suppliers and customers get connected. Nexagent solves the difficult problems in interconnecting IP-VPN’s from multiple service providers, including QoS mediation and end to end SLA monitoring, and that will be at the heart of enabling enterprises and their solution providers to realise significant cost benefits along with improved network reliability and agility.”

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About Nexagent
Nexagent’s On-Demand MPLS IP-VPN Interconnect Service enables rapid, cost effective delivery of seamless multi-carrier IP-VPNs with end-to-end quality of service. Nexagent’s Interconnect service is available today with Peering Points live and carriers connected across Europe . Based in Reading UK, the company has invested over 3 years and $50m in R&D, raised from leading Venture Capital firms, including APAX Partners, Atlas Venture and Benchmark Capital, who together manage over $5bn in funds. Nexagent’s leadership team brings over 150 man-years of experience from industry leading companies HP, Cisco, Citrix, IBM, C&W, Energis, Compaq and BT. For more information on Nexagent visit www.nexagent.com.

Contacts

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