Network Hardware Resale Bolsters International Leadership to Fuel Continued Global Growth and Expansion

July 28, 2010

Company Veteran Now Spearheads International Operations while Experienced Sales Director Relocates to Singapore to Accelerate Market Momentum

Santa Barbara, Calif. ─ July 28, 2010 ─ Network Hardware Resale (NHR), the leading provider of pre-owned and new networking equipment, today announced a corporate management team expansion to accommodate continued growth throughout its global markets. To that end, Glenn Fassett, a long-time NHR executive, has been promoted to general manager of international operations with responsibility for the company’s EMEA and Asia-Pacific regions. Additionally, Jason Ogden, a seven-year company veteran, has relocated to Singapore as sales director for the Asia-Pacific region.

These latest moves reflect NHR’s sustained, fast-track growth in international markets, which are on course to exceed 2009’s results by 20 percent. Both Fassett and Ogden will play pivotal roles in helping NHR achieve the company’s 2010 financial projections for EMEA and APAC, which are projected to represent approximately one third of the company’s total forecasted revenues for the year.

Previously, Fassett served as general manager of NHR’s Asia-Pacific region where he oversaw both sales and operations while achieving 200 percent revenue growth in the first two years. Prior to that, he led the company’s initial foray into the international market by opening NHR’s EMEA regional headquarters in Amsterdam. In his newly expanded role, Fassett will blend his previous experience and proven operational expertise to keep pace with ever-increasing global demand for quality pre-owned network equipment and alternative maintenance solutions. Ogden, who previously served as a sales director for the Americas region at NHR’s worldwide headquarters, will leverage his leadership and sales development experience to drive business in APAC, which is the company’s fastest growing market.

According to Mike Sheldon, NHR’s president and CEO, these appointments are instrumental in the company’s continued global business expansion. “Glenn has played important roles in NHR’s impressive international growth over the past eight years, so no one is more qualified to oversee our operations abroad,” he said. “Jason also has been a top performer and we’re confident he will accelerate sales throughout the Asia-Pacific region. Together, these company veterans are well positioned to assist NHR in sustaining aggressive market momentum around the world.”