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FOR IMMEDIATE RELEASE

Natural Convergence Announces Jim Meenan as Board Chairman

Leading telecom industry executive to guide strategic growth of company

OTTAWA, Canada – June 10, 2003 – Natural Convergence Inc., a pioneer of broadband communications software for Telecom Carriers, today announced the appointment of James (Jim) Meenan to the position of Chairman of the Board of Directors.

Meenan, the former AT&T Canada CEO, brings 30 years of experience in the telecommunications industry to his role as Chairman. As is his style, Meenan will play a very proactive role in the guidance, shaping and acceleration of the company’s maturity as we shift from Product development to intensified channel and mass market deployment. The company’s success to date has been built on strategic partnerships and Jim brings a strong reputation in developing alliances that deliver concrete bottom line results.

“Jim Meenan is an outstanding addition to the Natural Convergence board of directors, and we are privileged to welcome someone of his caliber to our team,” said David Cork, Chief Executive Officer of Natural Convergence. “This appointment is an important next step as we continue to grow in the VoIP market for small businesses and small branch offices of enterprises. Natural Convergence will benefit enormously not only from Jim’s deep understanding of the telecom industry, but also his ability to guide our strategic growth.”

From 1995 to 2000, Meenan served as CEO and President of AT&T Canada, during which he successfully established the company’s presence within the country. Prior to his tenure in Canada, Meenan held various executive, financial and operating roles at AT&T Corp. in the United States. Today, he continues to serve on the Board of Directors of AT&T Canada, and holds various additional board positions with technology companies throughout North America.

“Natural Convergence is an impressive, forward-thinking company that I am delighted to be joining in this exciting time of growth,” said Jim Meenan. “I look forward to further enhancing Natural Convergence’s presence in the market and contributing to the development of its ongoing business strategy.”

About Natural Convergence
Natural Convergence is an Ottawa-based software company that develops and markets Broadband communications software to Telecom carriers, enabling them to better serve their business customers. The company was founded in April 2001 and is financed by leading venture capital firms including Venture Investment Management Company, BDC, Primaxis, Jefferson Partners, Desjardins Venture Capital Group, and Purple Angel.

For more information, visit www.naturalconvergence.com or call 613-725-2030.

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For more information:

Media & Analyst Inquiries:
Cathy Palmen
Public Relations for Natural Convergence
Cathy.Palmen@interprosepr.com
+1 408-268-8112
   

 

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