HIBERNIA NETWORKS ANNOUNCES OMAR ALTAJI AS CHIEF COMMERICAL OFFICER

Telecom industry veteran to lead the development and execution efforts of the company’s commercial strategy

Hibernia Networks, a leading provider of global telecommunications services, announces the appointment of Omar Altaji as Chief Commercial Officer (CCO) effective immediately. In this new role, Mr. Altaji will oversee marketing, product management, business development and sales, leading the company’s combined efforts to accelerate revenue growth and ensuring the integrated commercial success of Hibernia Networks.

Mr. Altaji brings over 28 years of telecommunications industry experience to the Hibernia Networks team. He is a recognized business and technology leader with a proven track record of building and leading large global organizations and high performance teams throughout his career. His past experience includes leadership roles with Global Crossing, Lucent Technologies and AT&T in executive management, technology planning, sales and business development, product management and marketing, as well as research and development earlier in his career.

In 2012, Mr. Altaji founded Pangaea Technology Advisors, LLC., an advisory firm working with select PE firms and focusing on technology and telecommunications companies. Prior to that, he was EVP & Managing Director of the Carrier Services Business at Global Crossing, where he provided overall leadership and strategic direction for the voice, data, and infrastructure services business globally, and was an integral part of the senior leadership team, managing the company’s very successful quarter over quarter growth journey.

“Hibernia Networks is ecstatic to welcome Omar to its executive suite,” says Bjarni Thorvardarson, CEO of Hibernia Networks. “With Hibernia’s new Express trans-Atlantic cable going into service this summer, Omar’s industry insight and knowledge of the telecom landscape will very much come into play to further enhance the company’s market position. I am looking forward to accelerating Hibernia’s current momentum with Omar in the role of CCO leading our global commercial efforts.”

“Over the years, I’ve come to know Hibernia as a reliable provider, a valued customer and a formidable competitor,” says Omar Altaji, CCO of Hibernia Networks. “I am delighted to be a part of the Hibernia team at this stage of the company’s journey and look forward to taking Hibernia to new heights as we look to enhance our value proposition in support of our customers evolving needs, as well as accelerate profitable growth and long-term value creation for our shareholders.”

For more information on Hibernia’s cutting-edge network and to view its global network map, please visit www.hibernianetworks.com.