Regulatory News - Adds, Moves & Changes December 2000

Posted: 12/2000

Adds, Moves
& Changes

* Terremark Worldwide Inc. (www.terremark.com),
a Miami-based telecom infrastructure and value-added services provider, has
elected Jose Maria Figueres-Olsen, former president of Costa Rica, to its
board of directors.

Figueres-Olsen
was president of Costa Rica from 1994 to 1998. He led the country through
several IT programs, and is expected to give Terremark insight into Latin
America as the company expands its operations.

Figueres-Olsen is also a director of the Massachusetts Institute of
Technology’s Digital National Consortium, a group that develops technologies
that give people new ways to become active participants in developing areas.

He has a degree in industrial engineering from the U.S. Military Academy at
West Point, and a master’s degree in public administration from the John F.
Kennedy School of Government at Harvard University.

* Global TeleSystems Inc. (www.gtsgroup.com),
a provider of e-business and borderless broadband services across Europe, has
named Grier C. Raclin executive vice president and chief administrative
officer. Raclin will oversee the company’s administrative functions, including
legal, regulatory, human resources, administration and facilities. He has been
senior vice president, general counsel and corporate secretary since joining GTS
in 1997.

* Verizon Wireless (www.verizonwireless.com)
has named Harry Thomas vice president of marketing for the Northwest
area. Thomas, a 15-year veteran of the consumer products industry, will direct
marketing activities in Colorado, Idaho, Iowa, Kansas, Minnesota, Missouri,
Montana, Nebraska, North Dakota, Oregon, South Dakota, Utah, Washington and
Wyoming.

Most recently, Thomas was director of marketing for Verizon Wireless in
Northern California.

* Cannect Communications Inc. (www.cannect.com),
a Canadian-controlled integrated communications provider, has appointed Dan
Bobowski senior vice president of operations. His responsibilities will be
managing the company’s engineering, network architecture and deployment
strategies, operations and customer service.

Bobowski has more than 24 years of senior executive telecom and technology
experience. He is a former vice president of AT&T Canada (www.attcanada.com).

* Echopass Corp. (www.echopass.com), a
California-based service provider offering integrated Internet and telephone
contact communication services, has appointed Chris Hunt vice president
of sales and Chuck Franz executive vice president of operations.

Hunt has more than 15 years of sales and marketing experience, including 10
years in the computer network application and network business, and six years in
the dot-com, ISP and ASP communities.

Franz has more than 20 years of experience in the IT management arena. He is
the former vice president of information systems at Pacific Bell Directory (www.syp.com).

* Cognigen Networks Inc. (www.cognigen.com),
a Seattle-based ASP and Internet telecom marketing company, has announced that Jimmy
Boswell, David Lucas and Troy Carl have joined the company’s board of
directors, expanding the board to five members.

Boswell is Cognigen’s COO, and is president of Cognigen Switching
Technologies (www.cognigen.net).

Lucas is the company’s treasurer and CFO. He is also vice president of
finance for Cognigen Switching Technologies.

Carl is vice president of sales and marketing for Cognigen Networks.

* Davel Communications Inc. (www.davelgroup.com),
a payphone provider in the United States, has appointed Marc Bendesky as
CFO.

Bendesky has more than 30 years of business experience, including a 16-year
background at General Media International Inc., a consumer publishing company,
where he was responsible for financial and tax reporting, contract negotiations,
and commercial loan securing.

Most recently, Bendesky worked at Tatum CFO Partners LLP (www.tatumcfo.com),
an organization that provides CFO solutions to a broad range of companies and
industries.

* Santa Clara-based Covad Commu-nications (www.covad.com)
has announced the resignation of
Robert E. Knowling as chairman, CEO and president. The Board of Directors
has named Frank Marshall interim CEO and Charles McMinn, a Covad founder and
former CEO, as chairman of the board of directors.

Knowling’s resignation is a result of recent weak market performance. Covad
reported third quarter results that were significantly below analyst
expectations.

"While we are pleased with many aspects of Covad’s performance, the
Board agrees with Bob’s assessment of the current environment and has accepted
his resignation," Marshall says. "Our objective will be to execute
this change in leadership along with continuing focus on achieving cash flow
positive status as quickly as possible while maintaining our leadership position
as a national broadband service provider."

Minn, 48, served as the board chairman from 1997 to 1999 and as CEO from 1996
until Knowling’s appointment in 1998. Marshall, 53, will drive day-to-day
operations as well as lead the senior management team. He has served as director
of Covad since 1997. The board of directors will initiate an executive search
for a new CEO.