Verado Appoints Former Genuity and GlobalCenter Regional Sales Vice Presidents

Managed Services Provider Enhances Aggressive Sales Strategy

And Customer Focus With Seasoned Industry Experts



Apr 11, 2001, 01:00 ET from Verado Holdings, Inc.

    DENVER, DALLAS and IRVINE, Calif., April 11 /PRNewswire/ -- Verado
 (Nasdaq: VRDO), a provider of outsourced data center and managed service
 solutions for businesses, today announced that it has appointed industry
 executives John Carroll as vice president of sales for the company's Central
 region, based in Dallas, and Hal Kaplan as vice president of sales for the
 Western region, based in Irvine.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20010208/LATH084LOGO-a )
     The appointment of Carroll and Kaplan by Verado highlights the company's
 consultative sales approach and a commitment to making decisions as close as
 possible to the customer.  Carroll and Kaplan's experience is on the
 pioneering edge of the Web hosting and managed services evolution when
 industry demand created a movement toward outsourcing information technology
 services and infrastructures.
     Most recently, Carroll was Southwest regional vice president and general
 manager for Genuity (Nasdaq: GENU).  Prior to joining Verado, Kaplan was
 Southwest vice president for GlobalCenter, Inc., a Global Crossing company
 that in January was acquired by Exodus (Nasdaq: EXDS).  Both Carroll and
 Kaplan have a track record for developing and expanding customer relationships
 and sales revenues through strategic partnerships and by building aggressive
 and seasoned sales forces who are experienced in the complex Web hosting and
 managed services industry.
     Carroll and Kaplan will be responsible for the expansion of Verado's
 customer base in key markets including Dallas, Houston, Denver, Salt Lake
 City, Portland, Santa Clara, San Diego and Irvine.  Additionally, Carroll and
 Kaplan will continue to build on Verado's strategic sales efforts that focus
 on partner, channel and vendor relations, with an emphasis on businesses that
 understand the value of making investments in hosting environments including
 colocation and managed services.
     "We are extremely pleased to welcome these experienced executives to
 Verado.  I expect that the industry relationships and expertise that John and
 Hal bring to Verado will allow us to further execute our strategy in a manner
 similar to the way our managed hosting services help to accelerate our
 customers' business models.  Both John and Hal will be able to leverage our
 concierge level of service, our scalable and redundant network, and our
 state-of-the-art data centers to further position Verado in the marketplace,"
 says Tom McGrath, CEO and President of Verado.
     Prior to joining Verado, Carroll gained 20 years of telecommunications
 experience with Genuity and AT&T.  At Genuity, Carroll was responsible for
 $200 million in annual sales.  As national sales director for AT&T, he was
 responsible for significant annual revenue growth and for negotiating the
 largest sale in the history of the Network Commerce Services division.
 Carroll completed the Cambridge Institute's executive development program at
 the Massachusetts Institute of Technology.  He received a master's degree in
 business administration from Central Missouri State University and a bachelor
 of science degree in marketing from Rockhurst College.
     Prior to joining Verado, Kaplan was responsible for building an
 experienced sales force as well as vendor and partner programs for
 GlobalCenter's Southwest region.  From a non-existent base, Kaplan grew the
 region into part of an approximate $200 million annual business that included
 some of the world's largest enterprise and e-commerce businesses.  Kaplan
 received a master's degree in business administration and a bachelor's degree
 in business from the University of Michigan.
 
     About Verado
     Verado Holdings, Inc., headquartered in Denver, Colorado, is a provider of
 outsourced data center and managed service solutions for businesses.  Verado's
 state-of-the-art data centers host, monitor and maintain mission-critical Web
 sites, e-commerce platforms and business applications.  Verado currently
 operates data centers in Denver, Dallas, Houston, Portland, Santa Clara,
 Irvine, San Diego, Glendale and Salt Lake City.  The data centers comprise
 approximately 245,000 square feet of space.  For more information, visit
 Verado's Web site at www.verado.com.
 
     Statements included in this press release that are not historical in
 nature are "forward-looking statements."  For example, without limitation,
 projections regarding anticipated sales; market demand; impact of new
 executives; ability to develop the sales force and execute the business plan;
 business opportunities and competitive market position; and the successful
 launch, implementation, performance and sales of our products are forward
 looking.  Actual events or results may differ materially and are subject to
 risks and uncertainties, including our ability to successfully sell, grow and
 maintain demand for our products.  There can be no assurance that we will be
 able to successfully realize our expectations, and the occurrence of one or
 more of these risks, or the failure to achieve one or more of these forward
 looking objectives, may cause the prevailing value of any publicly traded debt
 and equity securities to decrease.  The companies have no obligation to update
 forward-looking statements.  Readers are encouraged to refer to Verado's
 reports from time to time filed with the Securities and Exchange Commission
 for a further discussion of Verado's business and risk factors that may affect
 operating and financial results and forward looking statements.
 
 

SOURCE Verado Holdings, Inc.
    DENVER, DALLAS and IRVINE, Calif., April 11 /PRNewswire/ -- Verado
 (Nasdaq: VRDO), a provider of outsourced data center and managed service
 solutions for businesses, today announced that it has appointed industry
 executives John Carroll as vice president of sales for the company's Central
 region, based in Dallas, and Hal Kaplan as vice president of sales for the
 Western region, based in Irvine.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20010208/LATH084LOGO-a )
     The appointment of Carroll and Kaplan by Verado highlights the company's
 consultative sales approach and a commitment to making decisions as close as
 possible to the customer.  Carroll and Kaplan's experience is on the
 pioneering edge of the Web hosting and managed services evolution when
 industry demand created a movement toward outsourcing information technology
 services and infrastructures.
     Most recently, Carroll was Southwest regional vice president and general
 manager for Genuity (Nasdaq: GENU).  Prior to joining Verado, Kaplan was
 Southwest vice president for GlobalCenter, Inc., a Global Crossing company
 that in January was acquired by Exodus (Nasdaq: EXDS).  Both Carroll and
 Kaplan have a track record for developing and expanding customer relationships
 and sales revenues through strategic partnerships and by building aggressive
 and seasoned sales forces who are experienced in the complex Web hosting and
 managed services industry.
     Carroll and Kaplan will be responsible for the expansion of Verado's
 customer base in key markets including Dallas, Houston, Denver, Salt Lake
 City, Portland, Santa Clara, San Diego and Irvine.  Additionally, Carroll and
 Kaplan will continue to build on Verado's strategic sales efforts that focus
 on partner, channel and vendor relations, with an emphasis on businesses that
 understand the value of making investments in hosting environments including
 colocation and managed services.
     "We are extremely pleased to welcome these experienced executives to
 Verado.  I expect that the industry relationships and expertise that John and
 Hal bring to Verado will allow us to further execute our strategy in a manner
 similar to the way our managed hosting services help to accelerate our
 customers' business models.  Both John and Hal will be able to leverage our
 concierge level of service, our scalable and redundant network, and our
 state-of-the-art data centers to further position Verado in the marketplace,"
 says Tom McGrath, CEO and President of Verado.
     Prior to joining Verado, Carroll gained 20 years of telecommunications
 experience with Genuity and AT&T.  At Genuity, Carroll was responsible for
 $200 million in annual sales.  As national sales director for AT&T, he was
 responsible for significant annual revenue growth and for negotiating the
 largest sale in the history of the Network Commerce Services division.
 Carroll completed the Cambridge Institute's executive development program at
 the Massachusetts Institute of Technology.  He received a master's degree in
 business administration from Central Missouri State University and a bachelor
 of science degree in marketing from Rockhurst College.
     Prior to joining Verado, Kaplan was responsible for building an
 experienced sales force as well as vendor and partner programs for
 GlobalCenter's Southwest region.  From a non-existent base, Kaplan grew the
 region into part of an approximate $200 million annual business that included
 some of the world's largest enterprise and e-commerce businesses.  Kaplan
 received a master's degree in business administration and a bachelor's degree
 in business from the University of Michigan.
 
     About Verado
     Verado Holdings, Inc., headquartered in Denver, Colorado, is a provider of
 outsourced data center and managed service solutions for businesses.  Verado's
 state-of-the-art data centers host, monitor and maintain mission-critical Web
 sites, e-commerce platforms and business applications.  Verado currently
 operates data centers in Denver, Dallas, Houston, Portland, Santa Clara,
 Irvine, San Diego, Glendale and Salt Lake City.  The data centers comprise
 approximately 245,000 square feet of space.  For more information, visit
 Verado's Web site at www.verado.com.
 
     Statements included in this press release that are not historical in
 nature are "forward-looking statements."  For example, without limitation,
 projections regarding anticipated sales; market demand; impact of new
 executives; ability to develop the sales force and execute the business plan;
 business opportunities and competitive market position; and the successful
 launch, implementation, performance and sales of our products are forward
 looking.  Actual events or results may differ materially and are subject to
 risks and uncertainties, including our ability to successfully sell, grow and
 maintain demand for our products.  There can be no assurance that we will be
 able to successfully realize our expectations, and the occurrence of one or
 more of these risks, or the failure to achieve one or more of these forward
 looking objectives, may cause the prevailing value of any publicly traded debt
 and equity securities to decrease.  The companies have no obligation to update
 forward-looking statements.  Readers are encouraged to refer to Verado's
 reports from time to time filed with the Securities and Exchange Commission
 for a further discussion of Verado's business and risk factors that may affect
 operating and financial results and forward looking statements.
 
 SOURCE  Verado Holdings, Inc.