Darwin Networks Appoints Jonathan Spector As CEO - Spector To Bring Distinct Vision for Growth in Burgeoning Broadband Market

"Darwin is well positioned to dominate the broadband markets it serves through its robust and reliable wireless and DSL solutions," said Jonathan Spector, CEO, Darwin Networks. "I'm excited to have the opportunity to continue to build a team-oriented culture focused on providing superior customer-centric solutions."

"Mr. Spector brings a wealth of experience as one of the leaders of McKinsey & Company's technology practice," said Robert Saunders, senior managing director of Chrysalis Ventures, LLC and the vice chairman of Darwin's Board of Directors. "Darwin will benefit from Mr. Spector's vision and expertise as it takes advantage of phenomenal opportunities for revenue growth."

Prior to joining Darwin, Spector served as senior partner in McKinsey & Company's Boston office and as a director of the firm's North American technology practice.

About Darwin Networks

Darwin Networks provides high-speed data communications solutions and Internet access to owners of small and medium-sized businesses, office buildings, apartment complexes, hotels, and telephone companies using wireless and Digital Subscriber Line (DSL) technologies. Darwin Networks offers a full complement of marketing and support services, including training to assist property and hotel managers as well as their staff to market and implement the new service.

Darwin Networks has corporate offices in Louisville, KY; Walnut Creek, CA; and Seattle, WA, and has agreements both in place, and in progress, to launch services in more than 400 locations in over 20 states. In August 1999, Darwin completed $28.5 million in venture financing. Investors include, Broadband Solutions, LLC (led by Chrysalis Ventures, LLC), Paul Allen's Vulcan Ventures, Richland Ventures, River Cities Capital and associates of Moore Capital. For more information about Darwin Networks, please visit www.darwin.net.