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Vonage Canada names Don OLeary vice president Finance

29 December 2004

Mr. O'Leary's mandate is to ensure Vonage Canada maintains the highest
possible levels of financial performance and operational efficiency. He will
oversee every aspect of Vonage Canada's financial management, business
planning, legal, human resources, facilities and office management.
"Vonage Canada has taken a commanding lead in providing phone service
over the Internet to Canadian consumers and small businesses. As competition
intensifies among providers of Voice over Internet Protocol (VoIP), Don's
financial expertise will help ensure that Vonage Canada can continue to
provide Canadians with an unbeatable service at the lowest possible price,"
said Bill Rainey.
Don was most recently Chief Financial Officer of a leading venture
capital funded software solutions provider, where he played a key role in
restructuring the company, re-shaping its financial business model, attracting
venture capital funding, and directing all aspects of its financial management
and operations.
Prior to that, Don held increasingly responsible financial management
positions at consulting firms Ernst & Young and Marsh & McLennan, technology
leader CAE Inc., and mining conglomerate Sherritt International Corporation.

About Vonage(R) Canada
Vonage Canada is redefining communications by offering consumers and
small businesses an affordable alternative to traditional telephone service.
The fastest growing telephony company in North America, Vonage's service area
encompasses more than 2000 active rate centers in over 150 North American
markets, including six Canadian provinces. With over 350,000 lines in service within North America, Vonage continues to add more than 30,000 lines per month to its network. Over
10 million calls per week are made using Vonage, the easy-to-use,
feature-rich, flat rate phone service. Vonage Canada is headquartered in
Mississauga, ON.

Source: CNW Telbec


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