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Aricent Names David Freedman Chief Financial Officer

Senior Executive Brings Over 30 Years of Experience in High Growth Companies Focused on Telecommunications

PALO ALTO, CA -- (Marketwire) -- 11/10/09 -- Aricent, a global innovation, technology and services company focused exclusively on communications, today named David Freedman Chief Financial Officer. Previously, Mr. Freedman was Chief Financial Officer of KGB, a privately held, New York-based company and the world's largest independent provider of directory assistance and enhanced information services.

"David brings a great track record of managing telecom-focused companies through periods of high growth," said Sudip Nandy, chief executive officer at Aricent. "His background is well aligned with his new duties at Aricent as we continue on our mission of market leadership in addressing the surging global demand for communications domain expertise, innovation and R&D services. We are thrilled to have David join the Aricent team."

Mr. Freedman joins Aricent from KGB Inc., formerly Infonxx, where he has held various positions since 2000. He spearheaded multiple acquisitions in KGB to expand the delivery footprint of services to Asia and Europe including a $110 million acquisition of a major European competitor.

Prior to KGB Inc. David was CFO of Iowa Wireless, a joint venture between Iowa Network Services and T-Mobile. Between 1994 and 1998 he was VP & CFO of Jotan Inc. in Florida where he took the company public, handled all SEC filings and oversaw the acquisition of a company six times larger than Jotan.

Mr. Freedman has an MBA from Nova University and an undergraduate degree from City College of New York.

"The communications industry is experiencing fundamental disruption, creating an enormous demand for the innovation, products and services Aricent uniquely offers," said Mr. Freedman. "I am very pleased to be joining the management team and contributing to the next phase of the company's growth."

To learn more about Aricent, refer to http://www.aricent.com/about_aricent

Keywords & tags: communications, private company, siliconvalley, kkr, sequoia, the family office

About Aricent

Aricent is a global innovation, technology and services company focused exclusively on communications. Aricent combines the leading innovation capabilities of frog design with unparalleled domain expertise in communications as a strategic supplier to the world's foremost infrastructure, application and service providers. The company's investors include Kohlberg Kravis Roberts & Co., Sequoia Capital, The Family Office and The Canadian Pension Plan Investment Board. For more information, visit http://www.aricent.com

Aricent and Celltop are trademarks of Aricent Inc. in the United States and other jurisdictions. All other trademarks are the property of their respective owners.

For further information, contact

Steven Manuel
Sr. Director, Corporate Marketing
Aricent
Tel: +1 650 391 1621
Email: Email Contact

Varun Dubey
Marketing Manager: APAC
Aricent
Tel: +91 9711360391
Email: Email Contact

Jay Nichols
Americas: Sterling Communications
Tel: +1 415 992 3210
Email: Email Contact

Paula Muezerie
Europe: AxiCom
Tel: +44 208 392 4081
Email: Email Contact

Shikha Singh Sehrawat
India: Text 100
Tel: +91 989 107 1999
Email: Email Contact

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