ITC Global Appoints Industry Veteran David Kagan as President

HOUSTON, Aug. 12, 2014 /PRNewswire/ -- ITC Global, a leading provider of satellite communications to the global energy, mining and maritime markets, announced today that it has appointed David Kagan, a long-time satellite industry veteran, to the position of President.  The addition of Mr. Kagan to the already strong ITC Global management team in Europe, Australia, Africa and the U.S. is part of the company's strategic initiatives to drive growth, global integration, operational best practices and industry leading customer service.  ITC Global continues to set the pace as the fastest growing top-tier satellite service provider to customers with operations in remote and harsh environments.

"Over the past year, ITC Global's success in the market has been nothing short of phenomenal," said founder and CEO Joe Spytek.  "Through both organic growth and strategic acquisitions, we have become the third largest satellite communications provider to the oil & gas industry, in addition to our established leadership position in the mining market.  While certainly proud of this growth, we are committed to ensuring that we continue to meet and exceed the customer service expectations of our clients.  This organizational change is part of an ongoing investment in our global capabilities and a drive to hire the best talent in the industry."

Prior to joining ITC Global, David Kagan built a reputation as an operationally savvy executive, enabling fast growing companies to provide exceptional customer service.  Most recently, Mr. Kagan served as President and CEO of Globe Wireless.  Over a three year period Mr. Kagan drove substantial growth, efficiencies and profitability improvements through an operational infrastructure that supported over 6,000 ships and vessels worldwide.  The company was sold to industry leader Inmarsat in January 2014.

Prior to Globe Wireless, Mr. Kagan spent 12 years as President and CEO, of MTN (Maritime Telecommunications Network), a leading provider of satellite communications to the cruise, oil and gas, super yacht, and military markets.  Mr. Kagan also spent 10 years with Norwegian Cruise Line in a variety of senior level financial and operations roles.

"We are delighted to have David join the ITC Global team," continued Mr. Spytek.  "I have actually been trying to bring him to ITC Global for over 6 years.  His wealth of industry knowledge and operational expertise will help us continue to take ITC Global to the next level, and deliver on our promise of being the satellite communications provider that is built on premier customer service."

About ITC Global
ITC Global is the world's largest privately-owned satellite communications provider exclusively focused on mission critical operations in the energy, mining, and maritime markets.  Companies in remote and harsh environments require communications with both global coverage and unwavering customer service.  ITC Global enables improved real-time decision making and enhanced health, safety and environmental management through a unified communications solution, tailored to the requirements of each client. Solutions include custom network design, hardware implementation, field engineering, technical support and enterprise-grade satellite bandwidth.  ITC Global operates 24 x 7 carrier-class networks across the Americas, Europe, Asia, Africa and Australia.  ITC Global is a portfolio company of Boston based private equity firm Riverside Partners.  For more information, please visit www.itcglobal.com.

For More Information Contact:

Lori Hawk, Senior Marketing Manager, ITC Global

lhawk@itcglobal.com

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SOURCE ITC Global



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