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Ronald Gaboury Elected CEO of York Telecom Corporation

Ronald Gaboury Elected CEO of York Telecom Corporation

EATONTOWN, NEW JERSEY—March 29th 2011— York Telecom Corporation, a leading global provider of visual communication services and solutions, announced today that its Board of Directors has elected Mr. Ronald J. Gaboury as Chief Executive Officer (CEO) of the company effective immediately. Ron has served as President and Chief Operating Officer (COO) since 1999. Mr. Gaboury will succeed Dr. York Wang who will remain as Chairman of the Board and majority shareholder of the Company.  Dr. Wang, who founded the company in 1985, will continue to consult on strategic product and service directions.

Having successfully managed the Company over the past decade, Ron led the recruitment of Mr. David Phillips who will be appointed the company’s new President and COO effective immediately. David will assume responsibility for the execution of the strategic plan of York Telecom as well running the day to day business.

“With unified communications and collaboration becoming a strategic organizational priority, it is clear that York Telecom must continue to transform itself in order to meet the increased demands of our customers,” says Dr. Wang, Chairman of York Telecom. “To do so we must pursue all potential avenues for technology, service and revenue growth with increased market coverage,” added Dr .Wang. “With Ron’s in depth experience of the industry and strong finance and operational background, he is ideally positioned to lead York Telecom in exceeding its objectives.”

“With such a talented group of executives, directors, management members, and employees who understand this market,” said Mr. Gaboury, “the time is right for us to strengthen our team and position our organization for the next phase of growth. It is a very exciting period in this industry and particularly for us here at York Telecom as we are moving our organization and our customers to the next level.”

Mr. Gaboury joined York Telecom in 1995 and has held the President and COO position since 1999.  Prior to these positions, he served as Chief Financial Officer (CFO), helping the company grow by more 300% within the first several years. During his tenure at York Telecom, Mr. Gaboury has led the company through successful acquisitions of Univision Crimson Group (UCG), Madge Networks ISDN Division, and several smaller acquisitions thus positioning the company to execute globally and move into new vertical markets.  Mr. Gaboury has directed the company to an industry-leading position in the visual communication arena, providing to clients cutting edge integration and managed conferencing solutions.

Under Mr. Gaboury’s leadership, York Telecom has been recognized in several industry publications as well as INC. Magazine’s Top 5000 Fastest Growing Companies. Prior to York Telecom, Ron Gaboury had a highly successful career as a Senior Consultant for Haag & Company.  Additionally, he was COO for a startup company that grew 400% in two years. Mr. Gaboury has more than 20 years’ experience consulting with fast-moving, high-growth companies on financial and management issues including business planning, accounting systems and formulating marketing plans. He holds a Bachelor degree from Ohio University in Finance and Accounting.

About York Telecom

York Telecom is a leading provider of visual communication services and solutions for Commercial, Education, Medical and Public Sector clients. Founded in 1985, the company is headquartered in Eatontown, New Jersey. The company offers total managed conferencing services, consulting, integration and operational services, professional video production and postproduction for visual communication solutions such as Videoconferencing, Streaming Media, Video on Demand, Custom Media Studio and Room Design and Multimedia Network Management. York Telecom has worldwide branch offices, a multi-lingual VNOC and help desk and a worldwide integration, production and support force. For more information, visit York Telecom online at www.yorktel.com or email at info@yorktel.com.

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