TMNG Global Appoints A. Reza Jafari to Board of Directors
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OVERLAND PARK, Kan., April 20, 2009 (GLOBE NEWSWIRE) -- TMNG Global
(Nasdaq:TMNG), a leading provider of management consulting services to the
communications, media and entertainment industries, today announced the
appointment of A. Reza Jafari, Chairman and CEO of e-Development International,
to the Company's Board of Directors. Mr. Jafari will serve on the Board's
Compensation Committee and Nominating & Corporate Governance Committee. This
appointment brings the number of independent directors on TMNG Global's Board to
five members on its seven-member Board.
"We are delighted to welcome Reza to the Board," said Richard P. Nespola,
Chairman & CEO of TMNG Global. "Reza's proven track record and experience,
especially in international markets, complements and reinforces TMNG's unique
positioning as the industry leader in the consulting arena with a focus on the
converging communications industry."
With more than 30 years experience in IT services, competitive telecoms, media
and entertainment and education industries, Mr. Jafari brings a wealth of
industry expertise to the TMNG Board. In his current leadership position at
e-Development International, Mr. Jafari manages a portfolio of business
relationships and interests which include advising established and start-up
companies and organizations across IT services and mobile communications
businesses.
Prior to his current role, Mr. Jafari served as the Chairman and Managing
Director of NeuStar International and the Chairman and CEO of The Omega
Partners. He has also held various senior executive positions at Electronic Data
Systems Corporation (EDS, an HP Company) including the President of Global
Industry Group for Communications, Media and Entertainment industries.
He also currently serves as the Vice Chairman of the Board of Gigafone, a mobile
advertising firm based in the Netherlands. On the industry association front,
Mr. Jafari is the Chairman of the Board of ITU TELECOM; a board member of the
India, China and America (ICA) Institute and a member of the Dean's Council,
Kelly School of business, Indiana University.
About TMNG Global
TMNG Global (Nasdaq:TMNG) is a leading provider of professional services to the
converging communications industry. Its companies, TMNG, CSMG, and Cartesian and
its base of over 600 consultants, have provided strategy, management, and
technical consulting, as well as products and services, to more than 1200
communications service providers, entertainment, media, and technology companies
and financial services firms worldwide. The company is headquartered in Overland
Park, Kansas, with offices in Boston, London, New Jersey, Shanghai and
Washington, D.C.
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CONTACT: The Management Network Group, Inc.
Debby Brannon
800.876.5329
debby.brannon@tmng.com
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