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Pacnet Appoints Nigel Stitt CEO of Its Australia and New Zealand Business

SYDNEY, AUSTRALIA — (Marketwire) — 05/08/12 — today announced the appointment of Nigel Stitt as Chief Executive Officer of its Australia and New Zealand business.

With more than 21 years of IT and telecommunications experience, Mr Stitt has served in a number of senior positions with Pacnet over the past 8 years, most recently National Sales Director for Pacnet Australia. Since the launch of Pacnet in 2008, following the operational merger of Pacific Internet and Asia Netcom, Mr Stitt has been instrumental in delivering double-digit growth for the company-s business across Australia. His successful track record has earned him a number of recognitions within the company including the prestigious Pacnet Hall of Fame award in 2010.

“We are pleased to appoint Nigel to the helm of Pacnet-s Australia and New Zealand operations where he can fully utilize his industry expertise and business savvy in moving our local business into its next generation,” said Bill Barney, CEO of Pacnet.

Prior to joining Pacnet Mr Stitt was General Manager of Techcel/CNN Internet where he became a top revenue contributor after developing a business model integrating ISP offerings with its IT integration business. Mr Stitt has also held consultant and management positions with Forsythes Information Technology, Spear Technologies and Osborne Computers.

Mr Stitt received his Bachelor of Arts degree from the University of Tasmania. He also has a Master of Business Administration (MBA) from Charles Sturt University, specializing in information technology and data communications.

The appointment of Mr Stitt to the position follows former Pacnet Australia and New Zealand CEO, Deborah Homewood-s decision to pursue new professional endeavors outside of the telecommunications and technology sector. Under Ms. Homewood-s leadership, Pacnet Australia and New Zealand has been a significant contributor to the company-s overall achievements over the past 10 years.

Pacnet is Asia-s leading communications provider delivering integrated high-performance data delivery and hosting services on a unified platform. Pacnet owns and operates EAC-C2C, Asia-s largest privately-owned submarine cable network at 36,800 km, as well as EAC Pacific, which spans 9,620 km across the Pacific Ocean. Together with its connected data centers and global IP network, Pacnet simplifies and accelerates communications for carriers and businesses, enabling them to connect with their customers and partners seamlessly in the cloud. Pacnet is headquartered in Hong Kong and Singapore, with offices in all key markets in Asia and North America. For more information, please visit: .

Lorain Wong
Pacnet
Tel: +852 2121 2973
Email:

Roland Lim
Pacnet
Tel: +852 2121 2975
Email:

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