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Press Release -- June 8th, 2010
Source: Lightyear Network Solutions
Tags: Exchange, MPLS, VoIP

Lightyear Network Solutions Appoints Former Sales Leader at Nextel Partners Kevin B. Parker as VP of Sales

-- Veteran Sales Manager and Human Resource Executive to Strengthen Lightyear’s Corporate Growth Initiatives --

LOUISVILLE, KY, June 8, 2010 - Lightyear Network Solutions, Inc. (OTCBB:LYNS, news, filings), a provider of telecommunication services to large, medium and small businesses, as well as residential consumers throughout North America, today announced the appointment of veteran industry sales manager Kevin B. Parker, as its new Vice President of Sales.

Mr. Parker, age 46, has over 15 years of sales experience in the telecom industry, working in various leadership and sales management roles at carriers including CellularOne, GTE Wireless, and Nextel Partners. Over the years, Mr. Parker has become a highly proactive leader with a strong track record of managing organization-wide telecom sales channels, whether direct, indirect, local or on a national consumer level.

“We’re pleased to announce Kevin Parker as the most recent addition to our team, and look forward to working closely with him as we continue to enhance our business operations and sales initiatives,” said Stephen Lochmueller, President of Lightyear Network Solutions. “Kevin has an outstanding reputation in the telecom industry, and we believe his open business perspective, background working with complex, customer-driven companies and his strong drive to inspire fellow employees will be a significant force in achieving Lightyear’s corporate growth initiatives.”

Mr. Parker stated, “I have always possessed a strong desire to lead individuals and motivate sales teams to achieve the highest levels of success in any organization. What attracted me to Lightyear is the company’s unwavering commitment to growth, its focus on quality care through customer support, and its dedication to employees and the local community. I believe the company has established a unique position in the marketplace, and I look forward to working with the team at Lightyear as it grows into a more dominant force in the telecom industry.”

Since 2008, Mr. Parker has served as a leadership consultant at Resources – Global Professionals, which was founded as a division of Deloitte and Touche LLP, later being spun-off into a consultancy firm providing a variety of professional services. From 1999 to 2007 Mr. Parker was at Nextel Partners, working his way up from the title of Indirect Distribution Manager, where he led national sales records and repeatedly received President’s Council recognition, to Director of Training and Development, where he was responsible for every aspect of training and development for more than 2,900 employees. Previously, Mr. Parker was Regional Manager at CellularOne where he attained the number one sales designation. From 1994 to 1998 he was with GTE Wireless, where he opened multiple point-of-sale locations and reached approximately 140% of sales targets. Mr. Parker graduated on the Dean’s List with a B.S. in Human Resource Management from Florida State University.

About Lightyear Network Solutions, Inc.

Through its wholly owned subsidiary, Lightyear Network Solutions, LLC, Lightyear provides telecommunication services to large, medium and small businesses and to residential consumers throughout North America utilizing its extensive network of independent agents and representatives. J. Sherman Henderson III, Lightyear’s Chief Executive Officer, has nearly 25 years experience in the telecommunications industry. Henderson was named one of the Top 25 Most Influential People in Telecommunications and was elected for six consecutive terms as Chairman of COMPTEL, the leading industry association representing more than 250 service providers. Lightyear’s product and service offerings include: local PRI and digital T1, enhanced internet services, frame relay, MPLS, Point-to-Point, Voice over Internet Protocol (VoIP), local and long distance, calling cards, and conferencing. Lightyear has also begun offering wireless services to customers in the U.S. through wholesale contracts with multiple wireless voice and data service providers. Lightyear built its own VoIP network in 2004 to enhance its product offerings to its customers and has partnered with some of the most prominent names in telecom including: Sprint, Verizon, AT&T, Qwest, Level 3, PAETEC, CenturyLink, Intelliverse, Globys  BroadSoft, Cisco and Adtran. Lightyear Network Solutions is headquartered in Louisville, KY. Additional information can be found at: www.lightyear.net.

Forward-Looking Statements

This press release contains "forward-looking statements" for purposes of the Securities and Exchange Commission's "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the Securities Exchange Act of 1934. These forward-looking statements are subject to various risks and uncertainties that could cause Lightyear’s actual results to differ materially from those currently anticipated. These forward-looking statements may include, without limitation, statements about our marketing and acquisition opportunities, business strategies, competition, expected activities and expenditures as we pursue our business plan. Although we believe that the expectations reflected in any forward looking statements are reasonable, the risks and uncertainties which could cause our actual results to differ materially from those currently anticipated includes changes in market conditions, our ability to integrate acquired operations, the ability to obtain additional financing on satisfactory terms, customer acceptance of products, regulatory issues, competitive factors, or other business circumstances and risk factors described in our filings with the Securities and Exchange Commission. Lightyear undertakes no obligation to revise or update any forwardlooking statements in order to reflect events or circumstances that may arise after the date of this press release.

Contact:
Steve Rush,
Marketing Manager
502-­‐410-­‐1397
steve.rush@lightyear.net

Porter, LeVay & Rose, Inc.
Marlon Nurse, V.P. – Investor Relations
212-­‐564-­‐4700
marlon@plrinvest.com

Trilogy Capital Partners
Darren Minton, President
800-­‐592-­‐6067
info@trilogy-­‐capital.com

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