Speedus Corp. Names Stephen X. Graham to Board of Directors
November 11 2009 - 5:44PM
PR Newswire (US)
FREEHOLD, N.J., Nov. 11 /PRNewswire-FirstCall/ -- Speedus Corp.
(NASDAQ: SPDE) today announced that on November 11, 2009 Stephen X.
Graham was appointed to the Company's Board of Directors. Mr.
Graham is Managing Director of Crosshill Financial Group, Inc.,
which he founded in 1988, and has been a General Partner of
Crosshill Georgetown Capital, L.P. since November 2000 and
Crosshill Debt II, L.P. since 2004. Prior to these roles Mr. Graham
was a Principal with Kidder Peabody & Co. and held positions
with Merrill, Lynch & Co. and Arthur Young & Co. Mr. Graham
received a B.A. from Georgetown University and an MBA from the
University of Chicago Graduate School of Business. He is also a
board member of NYSE-traded TNS Inc. and several private companies.
In view of his extensive financial experience, the Company's Board
has invited Mr. Graham to serve on the audit committee of the Board
of Directors, and the Board anticipates that he will be invited to
serve on other committees as well. "We are proud to have Stephen
join our Board of Directors. We look forward to his insight as our
company continues to develop our exciting technologies," stated
Shant Hovnanian, Speedus' chairman, president and CEO." About
Speedus Corp. Additional information on Speedus Corp. may be
obtained at http://www.speedus.com/ or by contacting Peter Hodge at
888-773-3669 (ext. 23) or . Statements contained herein that are
not historical facts, including but not limited to statements about
the Company's product, corporate identity and focus, may be
forward-looking statements that are subject to a variety of risks
and uncertainties. There are a number of important factors that
could cause actual results to differ materially from those
expressed in any forward-looking statements made by the Company,
including, but not limited to, the continuing development of the
Company's sales, marketing and support efforts. DATASOURCE: Speedus
Corp. CONTACT: Peter Hodge, +1-888-773-3669 (ext. 23), Web Site:
http://www.speedus.com/
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