CHICAGO, Feb. 2, 2015 (GLOBE NEWSWIRE) — Inteliquent, Inc. (NASDAQ:IQNT, news, filings) a leading provider of voice services, announced today the appointment of John Schoder as the Company’s Executive Vice President of Sales, Product & Marketing. Mr. Schoder previously served as the Company’s Senior Vice President for Voice Product.
Mr. Schoder joined Inteliquent in 2013 and has approximately 20 years of telecommunications experience. Prior to joining Inteliquent, Mr. Schoder held various positions at Level 3 Communications, including serving as a Vice President of Wholesale Long Distance Services and as Senior Director, Voice Product Management. Mr. Schoder holds a Bachelor of Science degree in History from Georgetown University’s School of Foreign Service and a Master of Arts degree in International Economics from The Johns Hopkins University.
Inteliquent also announced today that it anticipates that David Lopez, its Senior Vice President of Sales, plans to assume a reduced role with the Company due to health considerations.
“We are delighted to promote John to serve as our Executive Vice President of Sales, Product & Marketing. John will be instrumental in executing our voice services strategy,” said Ed Evans, Chief Executive Officer of Inteliquent. “As an experienced telecommunications executive, his extensive experience will aid Inteliquent in developing and implementing our plans. We are also very pleased that, despite his health challenges, Dave will continue to support the sale of our voice services. Dave will continue to work very closely with our customers to ensure that there will be no change to the high level of customer support they have experienced during Dave’s tenure.”
“Inteliquent presents an exciting opportunity for me as we navigate the changing telecommunications landscape,” added Mr. Schoder. “I look forward to working together with the executive team to bring Inteliquent to the next level.”
Cautionary Statement Regarding Forward-Looking Statements
This press release contains “forward-looking statements” that involve substantial risks and uncertainties. All statements, other than statements of historical fact, included in this press release are forward-looking statements. The words “anticipates,” “believes,” “efforts,” “expects,” “estimates,” “projects,” “proposed,” “plans,” “intends,” “may,” “will,” “would,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements we make. Factors that might cause such differences include, but are not limited to: the effects of competition, including direct connects, and downward pricing pressure resulting from such competition; our regular review of strategic alternatives; the impact of current and future regulation, including intercarrier compensation reform enacted by the Federal Communications Commission; the risks associated with our ability to successfully develop and market new voice services, many of which are beyond our control and all of which could delay or negatively affect our ability to offer or market new services; the ability to develop and provide other new services; technological developments; the ability to obtain and protect intellectual property rights; the impact of current or future litigation; the potential impact of any future acquisitions, mergers or divestitures; natural or man-made disasters; the ability to attract, develop and retain executives and other qualified employees; the ability to identify and successfully attract a highly qualified successor to the Chief Executive Officer and his or her future performance; the length of time required to complete an executive search; cooperation by key parties during the Chief Executive Officer transition process;changes in general economic or market conditions; matters arising out of or related to the impairment charge and financial forecasting practices that were the subject of an investigation by the Company’s Audit Committee; the possibility that the Securities and Exchange Commission may disagree with the Audit Committee’s findings and may require a restatement of financial statements or additional or different remediation; the possibility of litigation or other actions related to the impairment charge and financial forecasting practices that were subject to investigation by the Audit Committee and related matters; and other important factors included in our reports filed with the Securities and Exchange Commission, particularly in the “Risk Factors” section of our Annual Report on Form 10-K for the period ended December 31, 2013, as such Risk Factors may be updated from time to time in subsequent reports. Furthermore, such forward-looking statements speak only as of the date of this press release. We undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements.
About Inteliquent
Inteliquent is a leading provider of wholesale voice services for carriers and service providers. Inteliquent is used by nearly all national and regional wireless carriers, cable companies and CLECs in the markets it serves, and its network carries over eleven billion minutes of traffic per month. Please visit Inteliquent’s website at www.inteliquent.com and follow us on Twitter @Inteliquent.
CONTACT: Investor Contact:
Kurt Abkemeier
investorrelations@inteliquent.com
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