ACT Teleconferencing Celebrates 10-Year Anniversary;
Announces Global Management Structure
DENVER, Dec. 16 /PRNewswire/ -- ACT Teleconferencing, Inc. (Nasdaq: ACTT), a full-service global provider of audio, video, data and Internet conferencing products and services, today announced it is celebrating the Company's 10th year in business. In conjunction with the anniversary, ACT also announced its global management structure to address the Company's strong growth expectation for the 21st century.
Established on Dec. 15, 1989, ACT has become the leading independent global provider of fully attended audio, video, data and Internet conferencing products and services in the rapidly growing billion-dollar-plus teleconferencing industry. The Company's operations have grown from the original single location in Denver to 11 operations centers and 14 sales offices in 9 countries, serving multinational corporations around the world.
In making the announcement, Gerald D. Van Eeckhout, Chairman and co-founder, stated that a new regional management structure will enable the Company to closely manage the 70% annual core global business growth ACT has been experiencing. In addition, the new structure will assure that ACT's highly trained teleconferencing professionals provide the highest quality services and maintain close local relationships with ACT's global clients.
The organizational structure, which has been under development for the last year with extensive assistance from the Adizes Institute, Santa Barbara, Calif., has evolved into three regions headed by the following regional managing directors:
Gene Warren (age 47), North American Region, (50% of ACT's global revenues), based in Denver, was previously with MCI Telecommunications Group for over 16 years holding a wide variety of senior management positions, culminating in the role of Senior Director-Technical Services. In addition to MCI, Warren also served in executive management posts for Automated Communications, Inc., ConferTech International and Williams Conferencing (now Genesys Group), all of Denver.
Thierry Bignet (age 43), Europe/Middle-East/Africa Region, (40% of ACT's global revenues), based in Paris, was previously Chairman and CEO of Genesys Group. In addition to Genesys, Bignet was a senior consultant with Carta Corporate Advisors and founder of Carta France (now Carta Booz Allen & Hamilton), the leading independent business and strategy consulting company based in Scandinavia.
Peter Eeles (age 42), Asia-Pacific Region, (10% of ACT's global revenues), based in Sydney, was previously General Manager of VTEL's exclusive distributor of videoconferencing products and services for Australia and New Zealand. In addition to VTEL, Eeles also worked for blue-chip corporations including AMP Society, Australia's largest insurance company, and Lend Lease Group, a financial and construction group in the top ten Australian publicly listed companies.
This team of regional managing directors, along with Gavin Thomson, Chief Financial and Planning Officer, and Van Eeckhout, will comprise the Company's executive committee.
Within each global region, the Company will be supported by local country managing directors or general managers:
Bill Muller (age 47), based in New York City, has been named General Manager of ACT's video conferencing services business with operations in Dallas. Muller was previously teleconferencing manager for Ernst & Young and served two years as President of PictureTel Users Group.
Emily Magrish (age 46) formerly General Manager of the U.S. videoconferencing systems business based in Denver, has been named Vice President of Marketing for the North American Region. She previously worked for Williams Conferencing (now Genesys Group).
Rob Aubry (age 35), Managing Director of ACT Canada, based in Ottawa, has managed the Canadian company to a successful first year of operations. ACT Canada maintains operations centers in Ottawa and Toronto. Aubry previously served 10 years as Vice President of Sales with ConferTech Canada.
ACT-U.K., the Company's second largest local country business based in London, will continue under the direction of David Holden (age 38), Managing Director of ACT Teleconferencing Limited, a role he has held since the company was formed in 1992. Prior to 1992, David managed the teleconferencing business of British Telecom in London.
Peter Meijer (age 41), Managing Director of ACT Teleconferencing B.V., based in Amsterdam, has managed ACT's Netherlands business for over four years and previously was in the software business. He is also responsible for ACT's business in Germany, based in Frankfurt.
ACT's French and Belgian business is managed by Thierry Bignet, Regional Managing Director for Europe/Middle-East/Africa.
ACT's Hong Kong business is under the direction of Ron Barrett (age 59), who has been an international business development consultant for over 20 years with emphasis on Asian business expansion.
ACT's Australian operations are managed by Peter Eeles, Regional Managing Director for Asia-Pacific.
The Global headquarters will remain in Denver with Gerald Van Eeckhout as Chairman, and Gavin Thomson as Chief Financial and Planning Officer.
Gerald Van Eeckhout (age 59), has been in the teleconferencing industry for 18 years, first as CEO of ConferTech International before its sale to Frontier Commercial, and for the last 10 years as Chairman and CEO of ACT.
Gavin Thomson (age 42), previously served as CFO and CEO of TEK in South Africa and has been with ACT in Denver for three years.
Chuck Stout (age 52), serves as Director of Global Projects and has been with ACT full time for 3-1/2 years. He was previously the CFO of ConferTech.
Denise Heffelman (age 43), CPA, is Corporate Controller and has been with the Company for three years, originally as Finance Director of ACT's U.S. business.
Carolyn Van Eeckhout (age 61), co-founder, will continue to serve as Vice President of Human Resources.
Global Information Technology (IT) will be based in Ottawa, directed by Mark Kelly (age 36). Kelly was one of three founders of AMC Teleconferencing, acquired by ACT in 1998. Prior to AMC, he was Director of R&D for the Northern Telecom audio bridging systems business.
Global Technology and Innovation will be directed by Iain McKeracher (age 58), based in London, England. Prior to this assignment, McKeracher was Managing Director of ACT's European video conferencing systems business. Previously, McKeracher established PictureTel distribution in Europe and has been an international video conferencing expert for 20 years.
The following global functions will be managed initially from within the three operating regions:
Global Quality - David Holden, based in London. Global Audio Conferencing Products - Emily Magrish, based in Denver. Global Video Conferencing Products - Bill Muller, based in New York. Global Internet/Data Products - Sean Huber (age 37), based in Denver.
"This line-up gives ACT a globally dispersed, experienced and diverse top management team to lead the Company into the future. With this team in place, the Company is well equipped to manage the growth opportunity we foresee for the Company over the next three to five years," said Gerald D. Van Eeckhout.
To honor its 10-year anniversary, ACT held a celebration on Wednesday, Dec. 15 at the Company's headquarters in Denver to thank all its employees and clients. Special thanks and appreciation were extended to the three companies that have been clients of ACT since its inception - Ernst & Young, COBE Laboratories and the American Electronics Association.
ACT maintains sales and operations centers in New York, New Jersey, Dallas, Denver, Toronto, Ottawa, London, Paris, Brussels, Amsterdam, Frankfurt, Hong Kong, Sydney and Adelaide. The Company's Internet address is http://www.acttel.com.
Statements made in this news release that are not historical facts may be forward-looking statements. Actual results may differ materially from those projected in any forward-looking statement. Important factors that could cause actual results to differ materially from those anticipated by any forward-looking information include, but are not limited to, future economic conditions, competitive services and pricing, new competitor entry, the delivery of services under existing contracts and other factors.
SOURCE ACT Teleconferencing, Inc.
/CONTACT: Gavin Thomson, Chief Financial Officer of ACT Teleconferencing, Inc., 1-303-235-9000; or KC Ingraham or Jay Pfeiffer of Pfeiffer Public Relations, Inc., 1-303-393-7044, for ACT Teleconferencing, Inc./
/Web site: http://www.acttel.com/
CO: ACT Teleconferencing, Inc. ST: Colorado IN: TLS SU: -0- Dec/16/1999 13:27 EOS (PRN) Dec/16/1999 13:27 85 â -0- (PRN) Dec/16/1999 13:42