EXHIBIT 99
INFOCROSSING, INC. [LOGO]
Contacts:
Chairman/CEO Chief Financial Officer
Zach Lonstein William McHale
Infocrossing, Inc. Infocrossing, Inc.
201-840-4726 201-840-4732
zlonstein@infocrossing.com wmchale@infocrossing.com
Investor Relations
Matthew Hayden
Hayden Communications,Inc.
858-704-5065
matt@haydenir.com
INFOCROSSING, INC. ADDS SEASONED EXECUTIVE TO DRIVE ORGANIC EXPANSION
LEE FIELDS SELECTED TO FILL NEWLY CREATED POSITION
LEONIA, NEW JERSEY, AUGUST 8, 2005/PR NEWSWIRE/ -- INFOCROSSING, INC. (NASDAQ:
IFOX), a provider of selective IT and business process outsourcing solutions,
today announced that Mr. Lee C. Fields has joined the Company to fill the newly
created position of President - IT Outsourcing. Christian & Timbers assisted the
Company in identifying and selecting candidates for this new position.
Since 2004, Mr. Fields had been Managing Director of North American Sales &
Business Development for Mercer Management Consulting, a global leader in growth
strategies and operational excellence consulting. At Mercer, he was responsible
for supporting the firm in opening new client relationships, improving the
go-to-market approach and sales effectiveness of practices and directors, and
building overall broader business development capabilities with the firm. From
1997 until 2003, Mr. Fields was with AnswerThink, Inc., a provider of
technology-based business transformation solutions, at which he served in
various sales, business development, and consulting roles including Chief Sales
Officer from 2000 until 2003. Before joining AnswerThink in 1993, Mr. Fields was
Vice President for The Learning Alliance, a business consulting, sales training,
and sales force automation company. A graduate of Rutgers College with a degree
in economics, Mr. Fields began his career at IBM, where he had held various
sales marketing, training, and management positions from 1980 until 1993.
"We welcome Lee Fields as our first President, IT Outsourcing," said Zach
Lonstein, Chairman & CEO of the Company. "Since our Company has grown so
significantly in the past few years, we believe it is important to expand our
senior management team to leverage our growth. Lee brings a comprehensive
background in sales, marketing, business development, consulting, training, and
management developed during the past 25 years. His background, coupled with his
extensive experience in technology services, makes him an ideal executive to
drive revenue growth from new and within existing clients. He will report to Bob
Wallach, the Company's Vice-Chairman, President, & COO. Mr. Fields will be
responsible for the strategy, integration, and execution of the Company's
organic growth. In addition to marketing, pre-sales, sales operations, channel
development, and client management, Mr. Fields will direct our sales
organization, headed by John Lalli, the Company's Executive Vice President,
Business Development and Strategic Initiatives, to accelerate the reach of our
IT and business process outsourcing solutions to new clients and markets," Mr.
Lonstein concluded.
ABOUT INFOCROSSING, INC. (http://www.infocrossing.com)
---------------------------
Infocrossing, Inc. (IFOX) is a provider of selective IT outsourcing services,
delivering the computing platforms and proprietary systems that enable
companies, regardless of industry, to process data and share information within
their business, and between their customers, suppliers and distribution
channels. Leading companies leverage Infocrossing's robust computing
infrastructure, skilled technical team, and process-driven operations to reduce
costs and improve service delivery by outsourcing the operation of mainframes,
mid-range, open system servers, networks, and business processes to
Infocrossing.
Safe Harbor Statement
This release contains forward-looking statements within the meaning of Section
21E of the Securities Exchange Act of 1934, as amended. As such, final results
could differ from estimates or expectations due to risks and uncertainties,
including, but not limited to: incomplete or preliminary information; changes in
government regulations and policies; continued acceptance of the Company's
products and services in the marketplace; competitive factors; closing contracts
with new customers and renewing contracts with existing customers on favorable
terms; expanding services to existing customers; new products; technological
changes; the Company's dependence upon third-party suppliers; intellectual
property rights; difficulties with the identification, completion, and
integration of acquisitions, including the integration of Infocrossing
Healthcare Services, Inc., f/k/a Verizon Information Technologies Inc., and
other risks. For any of these factors, the Company claims the protection of the
safe harbor for forward-looking statements contained in the Private Securities
Litigation Reform Act of 1995, as amended.
# # #