TMNG Global Appoints A. Reza Jafari to Board of Directors
Overland Park, KS – April 20, 2009 – 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, Kelley 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.
CONTACT:
The Management Network Group, Inc.
Debby Brannon
debby.brannon@tmng.com
800.876.5329
Brainerd Communicators
Ray Yeung / Jo Anne Barrameda (Media)
yeung@braincomm.com
barrameda@braincomm.com
Corey Kinger (Investors)
kinger@braincomm.com
212.986.6667