NEP Broadcasting Appoints Louis A. Borrelli, Jr. CEO

NEP Broadcasting Appoints Louis A. Borrelli, Jr. CEO

PITTSBURGH, Feb. 24 /PRNewswire/ -- NEP Broadcasting, LLC, the leading national provider of outsourced media services critical to the delivery of live sports and entertainment events, announced today that Louis A. Borrelli, Jr. has been named Chief Executive Officer effective immediately.

Mr. Borrelli joins NEP from America Online, Inc. where he was most recently Senior Vice President, Broadband Distribution and Local Promotion. He joined AOL's Broadband business unit in 2001, executing the commercial launch of AOL Broadband and developing distribution partnerships for AOL across the cable television and telecommunications industries.

A leader in the cable television industry for more than 26 years, Mr. Borrelli was a founding partner of Dallas, Texas-based Marcus Cable Company, L.P., serving as Executive Vice President and Chief Operating Officer. Under Mr. Borrelli's leadership, Marcus Cable grew to become the nation's largest privately held cable television operator serving nearly 1.3 million customers in 1998 when the company was sold to investor Paul G. Allen. Mr. Borrelli began his cable career with UA-Columbia Cablevision in 1978.

Mr. Borrelli is an active member of Cable & Telecommunications Association for Marketing (CTAM), twice serving on its Board of Directors as well as chairing the Annual CTAM Summit and the Digital and PPV Conferences. He is an executive member of Women In Cable & Telecommunications (WICT), and a past National Association Of Minorities In Cable (NAMIC) mentor. Mr. Borrelli was active in the formation of the Cable Television Advertising Bureau (CAB) and the National Academy of Cable Programming, its ACE Awards program and was a founding member of the New York Metro Cable Marketing Co-Op (1-800-OK-CABLE).

Mr. Borrelli is a two-time CTAM TAMI award winner (1996 & 2000), received the Pinnacle Award from CTAM Texas in 2001 and was elected to the Cable Pioneers in 2002.

"NEP has undergone exciting changes as we have grown and we are thrilled to have Lou Borrelli join our team as our new CEO. With his extensive experience, his network in our industry, commitment to exceptional client service and his ability to produce results quickly, Lou will be able to lead NEP into the future," stated Debra Honkus, President of NEP Supershooters.

Jacqueline Reses of Apax Partners affirmed, "After an extensive search, we are fortunate to have Lou Borrelli join us as our new CEO. NEP has grown dramatically over the last four years and with our recent domestic and international acquisitions, Lou was the ideal choice for CEO based upon his track record of building businesses." Kevin Maroni of Spectrum Equity Partners added, "NEP is a company that is poised to move to the next level in its industry. Under Lou's direction and leadership, we believe NEP will continue on its path of rapid development with significant increases in profit."

About NEP

Based in Pittsburgh, Pennsylvania, NEP Broadcasting provides a wide range of services to the sports and entertainment industries. NEP Supershooters provides remote broadcast facilities, management personnel, and engineering expertise for many of the high-profile television events presented by the sports and entertainment industry in both digital and high-definition formats. NEP also possesses the industry's deepest engineering staff in terms of expertise, creativity and technical savvy. NEP Screenworks, located in Corona, CA (near Los Angeles), is the leading provider of mobile video systems and indoor and outdoor LED screens and video production services. NEP Studios provides television production studio facilities in New York City. NEP Visions located in the UK provides remote broadcast facilities, management personnel and engineering expertise in both digital and high-definition formats for many high profile television events. NEP is majority owned by Apax Partners and Spectrum Equity Partners. Additional information on NEP is available at www.nepinc.com .

Michele James of James & Company of New York assisted with the executive search process.


Source: NEP Broadcasting, LLC

CONTACT: Terence M. Brady of NEP Broadcasting, LLC, +1-800-444-0054, or
terenceb@nepinc.com

Web site: http://www.nepinc.com/


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