ITC Global, Inc. Appoints Steven M. Barto Executive Vice President and Chief Financial Officer

ST PETERSBURG, Fla., Jan. 30, 2012 /PRNewswire/ -- ITC Global, Inc. ("ITC Global" or the "Company"), a leading provider of enterprise grade satellite communications on a global basis to mining, energy and maritime businesses, announced today the appointment of Steven M. Barto as Executive Vice President, Chief Financial Officer of the Company.  This appointment is effective immediately.

Barto comes to ITC Global from Vocollect, a leading provider of voice recognition enabled computing systems used to manage mobile workforces, where he joined as Chief Financial Officer and most recently served as Senior Vice President, General Manager.  His career spans 25 years of working with both public and privately-held technology companies to accelerate global growth as well as merger and acquisition strategies.  Mr. Barto previously held senior leadership positions at BPL Global Ltd., Ericsson, Marconi, RELTEC and Price Waterhouse.  Mr. Barto is a Certified Public Accountant and has a Bachelor's degree from Kent State University.

"We are delighted to have Steve join the ITC Global team," said Joseph Spytek, co-founder and Chief Executive Officer of ITC Global.  "His industry background and extensive experience managing financial matters for rapidly expanding global technology businesses will be a great asset as we continue to focus on aggressive organic growth as well as acquisition driven expansion.  In the past year, ITC Global has expanded its operations in the oil and gas sector with the completion of the acquisition of Broadpoint from Cellular One and more recently completed the equity investment by Riverside Partners to further fuel our growth.  I am confident Steve will further strengthen our management team as we continue to pursue our growth initiatives."

ITC Global, headquartered in St. Petersburg, Florida, is a portfolio company of Riverside Partners, a Boston-based private equity firm. Steven F. Kaplan, general partner at Riverside Partners, said, "We are excited to have Steve join the management team at ITC Global after seeing firsthand what he was able to accomplish at Vocollect, a Riverside Partners portfolio company, until its sale to Intermec in 2011."

About ITC Global
ITC Global is one of an elite group of companies that is able to deliver enterprise grade satellite communications on a global basis, with facilities across Americas, Europe, Asia and Australia, and trained engineering and technical staff in key strategic locations.  Providing satellite communications systems and ongoing support to some of the world's largest and most successful mining companies in some of the most difficult and remote locations, ITC Global is also using its people, processes and technologies to deliver innovative solutions to oil and gas clients operating in developing markets and emerging gas fields.  For more information, please visit www.itcglobal.com

About Riverside Partners
Founded in 1989, Riverside Partners is a middle market private equity firm focusing on growth-oriented companies in the healthcare and technology industries. Riverside is particularly experienced at partnering with founders, owners and management teams and it brings substantial domain expertise and operating experience to its portfolio companies. The partners at Riverside have managed more than $500 million in investments in over 50 companies. The firm is currently focused on companies with revenues between $20 - $200 million and with $5 - $25 million of EBITDA. For more information, please visit  www.riversidepartners.com.

SOURCE ITC Global, Inc.