INDIANAPOLIS, Feb. 27, 2007 (PRIME NEWSWIRE) -- Bell Industries, Inc. (AMEX:BI) today announced SkyTel's new leadership team. SkyTel is a leading nationwide provider of wireless services to Fortune 1000 and government customers.
James G. Myers has been named president of SkyTel. Prior to this appointment, Myers served in senior leadership positions at XM Satellite Radio and MCI. At MCI, Myers operated the SkyTel division shortly after its acquisition in 1999 by Worldcom.
"Jim Myers brings an extraordinary wealth of expertise and experience to SkyTel. Having successfully led the company in the past, he knows how to leverage the power behind the SkyTel brand. With Jim's leadership, we can expect crisp execution and a relentless focus on customers and innovation," said John Fellows, chief executive officer of Bell.
Bell also appointed Bradley K. Richards as executive vice president of sales and marketing for SkyTel. Richards has served in senior positions at MCI, Gateway, and Dex Media, and most recently founded and operated his own management and IT consulting firm, Willowleaf Partners LLC. Fellows continued, "Like Jim, Brad brings a unique blend of experience and expertise to SkyTel. His critical focus on execution, innovation and speed to market is essential to SkyTel's future successes."
Myers added, "I am very excited about the future for SkyTel and for our customers. We have an experienced leadership team that is properly positioned to capitalize on both new and emerging wireless technologies. We are now precisely focused on solidifying SkyTel's market leadership position."
SkyTel is a leading provider of wireless messaging services and support, including email, interactive two-way messaging, wireless telemetry services and traditional text and numeric paging to business and government customers throughout the United States. SkyTel employs approximately 375 people and generated revenues in excess of $100 million in 2006. SkyTel is headquartered in Clinton, Mississippi and was founded in 1988. Bell Industries completed its purchase of SkyTel last month.
About Bell Industries, Inc.
Bell Industries is comprised of three diversified operating units, Bell's Technology Solutions business, SkyTel and its Recreational Products Group. The company's Technology Solutions business offers a comprehensive portfolio of technology products and managed lifecycle services, including planning, product sourcing, deployment and disposal, and support services. SkyTel provides nationwide wireless services and support, including email, interactive two-way messaging, wireless telemetry services and traditional text and numeric paging. The Recreational Products Group distributes after-market parts and accessories primarily to the recreational vehicle and boating markets.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements, including, but not limited to, the successful integration of SkyTel with Bell Industries and management's ability to fuel growth for the new division, are based upon our current expectations and speak only as of the date hereof. Actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including uncertainties as to the nature of the industry, including changing customer demand, the impact of competitive products and pricing, dependence on existing management and general economic conditions. Bell Industries' Annual Report on Form 10-K, recent and forthcoming Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other SEC filings discuss some of the important risk factors that may affect the company's business, results of operations and financial condition. Management undertakes no obligation to revise or update publicly any forward-looking statements for any reason.