Tuesday August 7, 1:26 pm Eastern Time

Company Press Release

North American DataCom Announces Management Changes

IUKA, Miss. --(BUSINESS WIRE)--Aug. 7, 2001--North American DataCom, Inc. (OTCBB:NADA - news), the fiber optic and information technology company, announced the appointment of Jack Freeman as president and chief operating officer of the Company. Mr. Freeman will be responsible for daily operations of North American DataCom (NAD) and the installation of its broadband network. NAD also announced that Bryan T. Forman has resigned his position as NAD vice president and president of North American Infotech, the NAD broadband network subsidiary.

Robert R. Crawford will remain as chief executive officer and chairman of the board of directors, and will focus on the Company's long-term strategic development. ``While we will miss Bryan Forman's leadership and technical skills,'' said Mr. Crawford, ``the Company is excited that Jack Freeman has come on board. Mr. Freeman is well known throughout the fiber optic industry for his lengthy experience including the development of state-of-the-art fiber optic networks throughout the South as well as in Central and South America.'' NAD expects to announce its revised plan for its growing broadband network and data storage operations this month.

Mr. Freeman has provided 30 years of engineering and construction services to telecommunication companies. In 1980, Mr. Freeman accepted a position with a major telecommunications engineering and construction firm and was elected president four years later. In 1994 Mr. Freeman formed Lightwave Services, Inc., which provided turnkey solutions to the telecommunications industry. This company was a major contributing force in the receipt of a license to develop a carrier's carrier network in Mexico City, Mexico. Lightwave Services is now a business unit of Sun America Communications Corporation. Mr. Freeman remains as its President.

Mr. Freeman has aggressively built networks in the developing markets throughout the Southeastern United States. These southern and international networks provide bandwidth on demand to their clients. This is similar to the marketing plans NAD has for its broadband network.

Safe Harbor Statement

Statements in this release express management's beliefs and expectations regarding future performance. These statements are forward-looking and involve risk and uncertainties. These risks include, but not limited to, the ability to negotiate venture agreements, properly identify acquisition partners, manage and integrate acquired businesses, react to quarterly fluctuation in results, raise working capital and secure other financing, respond to competition and other rapidly expanding technology, deal with market and stock price fluctuation, and other risks. These risks are and will be detailed, from time to time, in North American DataCom, Inc. Securities and Exchange Commission filings. Actual results may differ materially from management's expectations.

North American DataCom's principal executive offices are located at 751 County Road 989, Building 1000, Iuka, MS 38852. For further information, contact Investor Relations, 662-424-5030, or by e-mail at investorrelations@nadata.com.

 


2003-05-02
North American DataCom, Inc. (NADA), announced today that has halted its operations due a lack of funding.

2003-01-03
North American DataCom Reports Unaudited Fiscal Year 2002 and First Quarter Results

2002-05-21
North American DataCom Reports Nine-Month Results: Debt and Losses Reduced

2002-04-30
North American DataCom Expands Its Operation in Greater China/Shangai

2002-04-25
North American DataCom Announces Bandwidth Agreement

2002-04-23
North American DataCom Expands Board and Announces Revised Business Plan

2002-02-21
North American DataCom Reports Six-Month Results: Revenues Up and Expenses Down

2001-12-04
North American DataCom Announces Expansion of Internet and Data Services Business

2001-11-08
North American DataCom Acknowledges Equity Investment Support

2001-10-31
North American DataCom Reports First Quarter Results: Revenues Up and Expenses Down

2001-10-24
North American DataCom Announces Revised Business Plan

2001-10-16
North American DataCom Reports Fiscal Year 2001 Results: Net Revenue and Development Expenses Up

2001-08-28
North American DataCom, Inc. and Infusion Software Group, LLC Launch GLOBAL PTX

2001-08-07
North American DataCom Announces Management Changes

2001-05-15
North American DataCom Announces Third Quarter Financials: Net Revenues Increased by 113% and Development Expenses Up

2001-03-15
North American DataCom Enters Into Agreement for Up to $50 Million of Equity Financing

2001-03-07
North American DataCom Announces New Lease with State of Mississippi

2001-02-19
North American DataCom Reports Second Quarter Results: Net Revenue and Development Expenses Up

2001-02-15
North American DataCom Announces Interim Business Plan

2000-11-07
North American DataCom Receives Enterprise Data Storage Contract

2000-09-07
North American DataCom Announces Deployment of Microwave Tower and Right of Way Agreement With Local Railroad

2000-09-01
North American DataCom Subsidiary Announces Appointment of Gordon Evans

2000-08-22
North American DataCom Announces Fiber Optic Conduit Agreement

2000-05-12
North American DataCom Receives Certification as a Competitive Local Exchange Carrier -CLEC-

2000-05-11
Broadband Pioneer Makes Tracks With EMC As Core Info Infrastructure

2000-04-07
North American DataCom Changes Trading Symbol

2000-03-24
Pierce International Changes Name To North American DataCom

2000-03-07
Pierce International Names Jerry Buuck to Head Sales for Its Newly Formed Subsidiary North American InfoTech, LLC

1999-12-21
Pierce International Acquires North American Software

1999-05-20
North American Software Acquires Freedom 2000 Internet Service