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CacheLogic Announces Appointment of New CEO


Pat Chapman-Pincher, Previously a Top Executive at UUNET and a Respected Leader in the Global Communications Sector, To Lead CacheLogic Expansion and Growth Into New Markets

CacheLogic™ the telecommunication industry's acknowledged leader in P2P traffic management solutions - today announced the appointment of Pat Chapman-Pincher as Chief Executive Officer. Previously a member of the CacheLogic Board of Directors, Pat brings more than 30 years of senior management expertise in the global telecommunications sector to the company.

An immediate task for Pat is to oversee CacheLogic's rapid worldwide expansion and growth into new business sectors, catalyzed by major business and partnership deals to be announced throughout 2006. CacheLogic's founder, Adam Twiss, will now focus on the development and implementation of the company's new product range and will work closely with her as a member of the senior executive staff and a member of the Board of Directors.

Pat was previously the President of UUNET® International (the company responsible for the development of the major worldwide Internet backbone, later acquired by WorldCom®), with executive management responsibilities for all operations in Europe, Asia and Latin America. In this position, she was responsible for profitably growing UUNET's international business ten-fold to more than 1 billion US dollars as well as increasing UUNET's presence from four to 22 countries in three years.

She was also a Senior Vice President at WorldCom and Director of Commercial Operations at MFS International. Pat has been involved in senior business development roles with IBM® UK, Logica® and BT®. She has most recently been instrumental in advising technology startups through her consulting firm, The Cavell Group.


'As a member of CacheLogic's Board, Pat has already been instrumental in helping us define our aggressive business goals and strategy for 2006. Having her directly involved in an operational, hands-on fashion as CEO allows us to fully leverage her outstanding corporate experience and business acumen - we are very excited to have her in this new role,' said Geoffrey Finlay, Chairman of CacheLogic.

'CacheLogic is preparing to enter new markets that leverage our market dominance of P2P infrastructure while continuing to innovate and serve our existing ISP customers.' said Pat Chapman-Pincher, CEO of CacheLogic. 'I have an outstanding team that will be instrumental in working with me to ensure that CacheLogic technology continues to be mission-critical for ISPs and content providers worldwide - we will provide them with ways to not only manage P2P, but to improve on it in a legal and enjoyable fashion.'

About CacheLogic
CacheLogic provides a suite of complementary products that deliver traffic management and network intelligence solutions to the Internet Service Provider and telecommunications sectors. CacheLogic's core products provide carrier-grade solutions that enable ISPs to achieve significant cost savings through the intelligent management of Peer-to-Peer traffic across their networks, without affecting the end-user experience. In January 2004 CacheLogic set up its analysis network to provide traffic analysis from within the ISP networks across the Globe. The network ensures CacheLogic maintains leadership in understanding the changing nature of traffic across the Internet and, in particular, its impact upon Service Provider networks.

Today through its proven track record, market-leading P2P management solution and its commitment to research and development, CacheLogic is considered the leading authority in its field. CacheLogic is currently working with a number of Digital Rights Holders and Broadcasters on their strategies for the distribution of legitimate video content using P2P technologies.

Further information can be found at www.cachelogic.com


Publisher Contact Information:

CacheLogic
+44 1223 395915
nfarka@cachelogic.com

Company profile of Velocix (formerly CacheLogic) - acquired by Alcatel-Lucent
Past press releases of Velocix (formerly CacheLogic) - acquired by Alcatel-Lucent.

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