IBM Exec Addanki Named CityReach CEO

CarrierHotels News Staff

Sept. 18, 2000 -- European internet infrastructure company CityReach International today announced the appointment of Dr. Sanjaya Addanki as chief executive officer.
Addanki, 43, joins CityReach from IBM, where he was Vice President responsible for IBM's e-Hosting services in Europe, the Middle East and Africa. At IBM, he was responsible for building a high-growth business, driving significant increases in market share and recognition for IBM in the e-Hosting arena.
"We are thrilled to be joined by such a high caliber executive," said Ralph O'Dell, CityReach COO and co-founder. "Sanjaya is joining at an exciting time for CityReach - we are well funded and have ambitious plans for the company. The skills he has in growing businesses, and in the Internet hosting technology and market spaces, will be invaluable to CityReach as we pursue our aggressive roll-out strategy over the next eighteen months."
"I am delighted to be joining CityReach, a company with a strong management team, an outstanding set of products and services targeting critical market needs and excellent prospects in a business area that will expand rapidly in importance with the growth of the internet," said Addanki.
Addanki spent 16 years at IBM. Early in his career, he was with the Thomas J. Watson Research Center in Yorktown Heights, New York, where he was responsible for many advanced technology projects in artificial intelligence, multimedia, and the Internet.
CityReach is one of the leading European firms providing connectivity, infrastructure and services to companies using the Internet. CityReach, whose U.S. headquarters is based in Ft. Lauderdale, Fla., will have eight Secure Internet eXchanges (SiXs) operational by year-end and 20 in total by the end of 2001.