CableNet Appoints New Vice President of Global Market Development

CableNet announced today the appointment of a new VP Global Market Development. David Henson previously served as Business Unit Director with UK mobile operator One 2 One.

London, UK, and Hickory, NC, March 21, 2002 -- CableNet International Ltd., the leading provider of supply chain management software and services to the cable, wire and metals industries, announced today the appointment of a new VP Global Market Development to the CableNet Executive Management team. David Henson previously served as Business Unit Director with UK mobile operator One 2 One, where he grew a significant presence in the business to business sector, and has held many senior commercial roles in the IT, mobile and fixed telecoms solutions sectors.

Henson will be responsible for all aspects of customer relationships, including management of global sales efforts, generation and execution of campaigns, the positioning of CableNet products in international markets and customer service.

I look forward to working with the extraordinarily capable professionals in CableNets sales organisation to further enhance our global market presence," said Henson. "It is important for CableNet to continue its international outreach, bringing the benefits of business-to-business collaboration and increased overall efficiency to the cable, wire and metals industries."

David joins CableNet at an important time, as the need for business-to-business collaboration is becoming obvious to our cable, wire and metals industries customers," said Errol Damelin, CEO and founder of CableNet. Davids extensive experience in selling and executing high quality solutions and designing strategic marketing concepts will be invaluable to us as we expand our global marketing efforts. We are very pleased to welcome David to our growing team."

About CableNet International Ltd.
Headquartered in London, UK, with offices in Hickory, NC, CableNet International Ltd. provides private supply-chain visibility and collaboration solutions to the cable, wire and metals industries. CableNet products feature a web-based, many-to-many architecture that enables manufacturers, distributors and suppliers to collaborate with their business partners to reduce inventory and improve customer service levels and sales. CableNet can be found on the web at http://www.cablenet.com/.

Please address editorial queries to:
Mr Alex Freudmann
CableNet International Ltd.
Telephone: +44 (0)20 7947 3308
Email: alex.Freudmann@cablenet.com

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