Macquarie Singapore Telecom Appoints New Managing Director to Support Aggressive Growth Plans

Industry Veteran to Lead Voice and Data Expansion in Asia Pacific

June 12, 2007, Singapore: Macquarie Telecom, a leading supplier of Information and Communications Technology (ICT) solutions today announced the appointment of Larry Morgan as the new Managing Director.

Based out of Singapore, Larry will be responsible for spearheading the company’s overall operations and strategic direction. Larry comes with more than 25 years of experience in the global telecommunications services industry, where he took on executive positions within multinationals and led highly successful corporate expansion initiatives across the U.S., Asia-Pacific, Europe, the Middle East and Africa.

Larry is no stranger to Singapore as he was based here as Vice President and General Manager of BT Infonet’s Asia-Pacific region for more than four years, where he managed 14 countries and achieved more than 400% revenue growth over a four-year period.

Prior to joining Macquarie Telecom, Larry served as President/CEO and was also a member of the Board of Directors with Virtela Communications, an award-winning Global Virtual Network Operator recognised by Deloitte & Touche as one of the fastest growing technology companies in North America.

Speaking on Larry’s appointment, David Tudehope, Chief Executive Officer, Macquarie Telecom shared, “Larry is an accomplished veteran in our line of business and his vast global experience in sales and marketing management will be a significant benefit as we expand throughout the region over the next few years. I am confident that he will drive the company to the next level with his strong customer focus, outstanding leadership abilities and unrivalled passion for the business.”

Commenting on his new assignment, Larry said, “The demand for converged communications solutions has never been better, driven by an increasingly global market place and the demand for anytime, anywhere on any device services. Companies are looking for vendors who can manage all their communications and mobility requirements, without compromising on security. With an expected CAGR of 16% according to IDC, the outsourced managed services market is on the brink of tremendous growth in Asia Pacific; and Macquarie Telecom is well positioned to drive this growth, with its wide array of voice, data and hosting solutions for businesses and its unwavering customer focus. I am extremely excited about the Asia Pacific market and my priority will be to consolidate established customer and partner relationships, secure new ones, further expand product and services portfolio, build new revenue streams and grow the regional footprint of the company.”

Before joining Infonet, Larry held several senior management positions in Sprint and AT&T after forging a distinguished career in sales with IBM. Larry has also won many industry awards including the coveted “Best in Class” Telemark Award, the Datacomm “Hot Products” and Interop Achievement Awards.

About Macquarie Telecom

Macquarie Telecom is a leading supplier of Information and Communications Technology (ICT) solutions – including voice, data, mobile and hosting – specializing in the business and government markets. The world class Intellicentre facility offers state-of-the-art hosting and security solutions. The Intellicentre is certified to BS 7799 and DSD Gateway security standards.

Macquarie Telecom provides services to 3,000 of the top companies in the Asia Pacific region, supporting more than one million business users at work every day. Founded in July 1992, it is one of Asia Pacific’s first deregulated telecommunications companies and holds carrier licenses in Australia, Singapore and Hong Kong.

Macquarie Telecom is listed on the ASX (MAQ) and works with its carrier partners in offering Broadcast quality services in 190 countries worldwide using Juniper Networks (Nasdaq: JNPR) and Alcatel-Lucent (Euronext Paris and NYSE: ALU) equipments. For more information, please call +65 6580 7387 or visit www.macquarietelecom.com.sg

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