Dick Lubic Joins RACE Communications

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RACE Communications selects Dick Lubic to join and lead its senior management team to develop and execute an accelerated global build-out of RACE’s Gigabit Fiber-To-The-Premise (FTTP) network.

Today Raul Alcaraz, President and CEO of the San Francisco Bay Area based RACE Communications, announced the appointment of international multimedia expert Richard G. Lubic to the company’s advisory board and senior management team.

Richard Lubic, a U.S. cable television pioneer and venture capitalist, will advise RACE Communications on its fast-tracked growth strategies of its Gigabit Fiber-To-The-Premise (FTTP) network, direct its capital market activities, and oversee the company’s global expansion.

As an early pioneer and entrepreneur in cable television systems, Mr. Lubic developed one of the first cable systems in the United States. Time-Life (now Time Warner) hired Lubic in the early sixties to help lead the publishing giant into the development of its first cable television holdings and expansion. Today Mr. Lubic serves on the board of directors of several companies and is President and CEO of DL Communications, a multimedia consultancy to U.S. and European media groups. Mr. Lubic was formerly President and CEO of Dick Clark International Cable Ventures, Ltd. and was a long time business partner and friend to the late entertainment icon Dick Clark.

“We have built our business on delivering an agile product lineup that is ahead of the market. Our Gigabit Fiber-To-The-Premise (FTTP) product is the fastest in the industry and provides a medium much more advanced than the present day cable systems can offer. Video, Phone, and Internet are evolving and the need of the FTTP network to support its evolution is in high demand,” said Mr. Alcaraz. “Having Mr. Lubic on our senior management team not only brings us that very rare extensive multimedia and business industry knowledge, but it’ll attract the quality of strategic marketing and financial partners we seek.”

RACE Communications is the market leader of Fiber-To-The-Premise (FTTP) networks. The company is enjoying significant growth in revenue as it continues on its accelerated global development. “Our growth opportunities and profitability potential will be huge for our investors and strategic partners in the US, Europe and World Wide. I am very excited to help RACE Communications expand its FTTP network, multimedia delivery, data, and voice services to untapped markets globally,” said Mr. Lubic while on a conference call from Europe.

About Race Communications
Race Communications is a licensed utility offering Fiber-To-The-Premise (FTTP) for residential and commercial customers throughout California. Race owns and operates a full-service voice, video, and Internet network that is capable of rapid scalability and deployment. The leadership team of Race has over 50 years of combined experience in systems integration and has become known as the go-to-company for solving complex network and system integration problems. Race provides complete fiber based services to real estate developers, government agencies, emergency response, and businesses of all sizes including Fortune 500 companies. For more information about Race Communications visit http://www.race.com.

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Domenic Pacini
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