WHITE PLAINS, N.Y., August 1, 2011 – AboveNet, Inc. (NYSE:ABVT, news, filings), a leading provider of high bandwidth connectivity solutions, today announced the appointment of Nick Ridolfi as senior vice president of Sales. In his new position, Mr. Ridolfi will report to AboveNet Chief Operating Officer Rajiv Datta
“The addition of Nick to the AboveNet management team strengthens significantly our ability to provide industry leading high bandwidth connectivity solutions and the excellent customer experience that the market has come to expect from our company,” Datta said.
As senior vice president of Sales, Mr. Ridolfi will lead AboveNet’s U.S.-based sales teams. He will play a key role in continuing to deliver the high bandwidth, low latency connectivity solutions to AboveNet’s enterprise and carrier customers.
Mr. Ridolfi, who holds a BA degree in Economics from Brooklyn College in New York, brings more than 30 years of sales and business development experience in the telecommunications industry to this role.
Prior to joining AboveNet, Mr. Ridolfi held senior sales positions at MCI and Juniper Networks. Most recently he held a senior management position at Premiere Global Services (PGi) where he focused on delivering virtual collaboration solutions to the Fortune 500 client base.
Mr. Ridolfi will be based in AboveNet’s New York City office.
About AboveNet, Inc.
AboveNet, Inc. provides high bandwidth connectivity solutions for business and carriers. Its private optical network delivers key network and IP services in and among top U.S. and European markets. AboveNet's network is widely used in demanding markets such as financial services, media, health care, retail and government.
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Statements made in this press release that are not historical in nature constitute forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. We cannot assure you that the future results expressed or implied by the forward-looking statements will be achieved. Such statements are based on the current expectations and beliefs of the management of AboveNet, Inc. and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the future results expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, industry competition, pricing and macro-economic conditions and the Company's financial and operating prospects. The Company's business could be materially adversely affected and the trading price of the Company's common stock could decline if these risks and uncertainties develop into actual events. The Company cautions you not to place undue reliance on these forward-looking statements, which speak only as of their respective dates. The Company undertakes no obligation to publicly update or revise forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events. A more detailed discussion of factors that may affect the Company's business and future financial results is included in the Company’s SEC filings, including, but not limited to, those described in “Risk Factors” and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's Annual Report on Form 10-K for the year ended December 31, 2010 and in the Company's subsequently filed Quarterly Report(s) on Form 10-Q.