LOUISVILLE, KY, May 10, 2011 – Lightyear Network Solutions, Inc. (OTCBB:LYNS, news, filings) (www.lightyear.net), a provider of telecommunication services to large, medium and small businesses, as well as residential customers throughout North America, today announced the appointment of veteran industry sales manager Sean D. Lloyd, age 44, as its Vice President of Sales.
Mr. Lloyd has over 18 years of sales experience in the telecom industry, working in various leadership and sales management roles at carriers including Cingular, Nextel Communications and Cricket Communications. Throughout his career, Mr. Lloyd has been a successful leader of sales efforts for agent, direct and retail channels.
“We’re pleased to announce the addition of Sean Lloyd to our team, and look forward to working closely with him to increase Lightyear’s organic growth,” said Stephen Lochmueller, CEO of Lightyear Network Solutions. “Sean has an impressive track record of developing indirect and direct channels of distribution and leading them to exceeding sales goals.”
Mr. Lloyd stated, “Lightyear is in a unique position as it is one of the few companies that can offer wireline and wireless, data and voice products– virtually all communication services a customer may need, all on one bill. With Lightyear’s emphasis on customer focus, I look forward to leading its sales efforts, increasing business, and maintaining the high level of customer and indirect partners’ satisfaction.”
Prior to joining Lightyear, Mr. Lloyd had served as District Director for Cricket Communications in Louisville, Kentucky, since 2006. While at Cricket, he established both indirect and direct channels of distribution consistently exceeding sales expectations. From 2002-2005 Mr. Lloyd was with Nextel Communications as District Manager, where he demonstrated an ability not only to secure customers but also to retain them as he exceeded planned net customer growth each year.
About Lightyear Network Solutions, Inc.
Through its wholly owned subsidiaries, Lightyear provides telecommunication services to businesses and residential customers throughout North America. Lightyear’s product offerings include local PRI and digital T1, enhanced Internet services, MPLS, Ethernet, Voice over Internet Protocol (VoIP), local and long distance service, and conferencing. Lightyear also offers wireless services to customers in the U.S. through wholesale contracts with multiple wireless providers. Lightyear built its own VoIP network in 2004 to enhance its product offerings and has partnered with some of the most prominent names in telecom including: Sprint, Verizon, AT&T, Level 3, PAETEC, CenturyLink, XO Communications, Intelliverse, BroadSoft, Cisco and ADTRAN. Lightyear Network Solutions is headquartered in Louisville, Ky. Additional information can be found at: www.lightyear.net.
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 forward-looking statements in order to reflect events or circumstances that may arise after the date of this press release.