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ProfitLine Expands Executive Team

ProfitLine Expands Executive Team


Monday, October 07, 2002 — ProfitLine, Inc. today announced the expansion of its senior management team with the appointment of Doron Lurie as senior vice president of operations and Skip McDowell as senior vice president of sales. Both will report to Rick Valencia, ProfitLine's president and CEO.

Lurie brings 20 years experience in operations, marketing and leadership roles in the telecom, software and service industries. He most recently co-founded and led two startups: Conneq, a developer of Web personalization and email marketing software; and Carpe Diem Associates, a strategy consulting firm. Lurie previously served as Chief Operating Officer of CommNet Cellular, a wireless service provider; as managing director of MobiLink, a nationwide joint venture of telecom companies; and has held senior executive positions leading both domestic market operations and international initiatives for AirTouch/PacTel (now operating domestically as Verizon Wireless, and globally as Vodafone Group). Lurie received his bachelor degrees in accounting and language/communication from the Universities of Cape Town and Natal, and his MBA from Harvard Business School.

"Doron brings with him extensive experience in building successful service businesses, and he's also a great leader," said Rick Valencia, president and CEO of ProfitLine. "He'll be applying his skills toward scaling our operational processes to keep pace with our rapid growth while not sacrificing our reputation for world-class client service."

McDowell brings 20 years of enterprise sales and sales management experience to ProfitLine. Most recently, McDowell served as vice president of sales for QuantumShift, a provider of outsourced communications management services. Previously, McDowell was executive vice president at SupplyPro, Inc. an Internet-based supply chain management company, where he managed all sales and operations. McDowell also served as vice president of sales, marketing, and operations for Polycom, Inc., the world leader in teleconferencing products and services; as vice president of sales for Corsair, where he was responsible for sales of systems and services to wireless carriers and infrastructure equipment manufacturers around the world; and as general manager for Octel Communications responsible for managing U.S. sales of voice information systems. McDowell received both his BS in Accounting and MBA from San Diego State University.

"You don't get many chances in life to align with the best, but that's exactly what occurred when we brought on Skip McDowell," said Rick Valencia, president and CEO of ProfitLine. "Skip has a phenomenal track record of building highly effective national sales teams. He was a key player in Octel's domination of enterprise voicemail and Polycom's domination of enterprise conferencing systems. He will also be a key player in ProfitLine's drive toward industry leadership."

"The addition of Skip and Doron has really rounded out our team, which includes experienced business builders and telecommunications industry experts. This combination of talent positions ProfitLine well for future growth and increased profitability," Valencia concluded.

About ProfitLine
ProfitLine specializes in helping enterprise companies save valuable time and money by managing their telecom spend using its distinctive lifecycle approach, a comprehensive outsourced solution to managing the complete range of voice and data services. ProfitLine's solution includes service ordering, line and rate optimization, line inventory management, bill management and auditing, A/P processing and payment, telecom contract negotiations, and project management. The company delivers these services through its proprietary Web application, MyTelcoManager™. Founded in 1992, ProfitLine is currently ranked on the Inc. 500 list as one of America's fastest-growing private companies. For more information, www.profitline.com or contact Kara Kocal at 858.202.1229.

NOTE: ProfitLine is a registered trademark of ProfitLine, Inc. MyTelcoManager is a trademark of ProfitLine. All other trademarks or registered trademarks belong to their respective owners.





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