NEW YORK, Aug. 25, 2008 –- Arcadian Networks, Inc., a wireless communications carrier serving energy companies with dispersed assets (electric, gas and water utilities, and oil and gas companies), announced the promotion of David Levine to Chief Financial Officer. Levine moved to this role from his position of Vice President of Finance.
"I am excited about the strategic direction of Arcadian Networks,” said Levine. “As we partner with energy companies across the United States, we will continue to deliver our value proposition to help customers reduce operational costs and increase reliability and efficiency.”
With more than 20 years in the telecommunications and utility industries, Levine's management and finance experience ranges from small start-ups to publicly held companies. Prior to joining Arcadian Networks in 2006, Levine served as Controller of Con Edison Communications (now RCN Metro). The former telecommunications subsidiary of Consolidated Edison Inc. built and operated a fiber optic network that delivered managed data transport services and custom networks.
"Since joining Arcadian, Dave has been instrumental in building the financial organization and has effectively taken on increased responsibilities,” said Ed Solar, President and CEO of Arcadian Networks. “Dave's extensive, hands-on industry experience and keen understanding of operations and financial strategies make him uniquely qualified to help expand our leadership role in the marketplace. I am confident he will be a tremendous asset as we continue to develop a robust business with long-term prospects.”
Levine began his career at PriceWaterhouse and he is a Certified Public Accountant. He attended Brown University and received an MBA and BBA from the Zicklin School of Business at Baruch College.
About Arcadian Networks
Arcadian Networks provides “last mile” wireless carrier services to the energy sector (electric, water, and gas utilities and oil and gas companies). The company's 700 MHz licensed spectrum delivers a converged IP network with voice and data communications for fixed and mobile applications. The real-time broadband communications platform reduces operational costs, improves resiliency, and transforms electric grids into efficient “smart grids” and oil fields into optimized “smart fields”. For more information, please visit www.arcadiannetworks.com
The McDonnell Group, Inc.