James Costanzo Named President of Logical Net, Tush Nikollaj Remains CEO
CFO Brings Financial Management Experience to Top Post
February 9, 2005 - Albany, NY – Logical
Net Corporation, announced today that James Costanzo
has become president of the company – an Internet
service provider. Company founder Tush Nikollaj remains
Chairman/CEO and steps down as president.
“All of us at Logical Net are
delighted that Jim Costanzo will serve as the new president,” said
Tush Nikollaj, Logical Net’s CEO. “Jim
brings to the role top level financial management and
leadership skills essential to our growth and continued
success.”
“Jim has been instrumental in executing on several
acquisitions and has been very active in the day to day operation of this
company over the last several years,” said Nikollaj, “He continues to explore
new opportunities for us, has been instrumental in our financial stability
and an effective leader for our company,” Nikollaj continued to say.
Before joining Logical Net in 2000, Costanzo was CFO of Corporate
Health Dimensions, which provided health related services to Fortune 100 companies
in more than 30 states. Under his financial leadership, the company’s revenues grew
to $88 million annually. A certified public accountant, Costanzo had also previously
been a partner in an area accounting firm. As CFO at Logical Net, he oversaw accounting
and tax strategy, as well as mergers and acquisitions matters.
***
About Logical Net
Established in 1995, Logical Net
has grown to become one of the largest privately held
Internet Service Providers in the Northeast. Logical
Net provides Internet access solutions from dial-up
to DSL and T1 lines, managed hosting capabilities,
managed applications such as business class email and
e-commerce, and professional services ranging from
web development to application and software development.
As a Managed Service Provider, Logical Net works with
companies large and small to implement comprehensive,
scalable Internet solutions. www.logical.net
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