February 26, 2006
Intelligent Compression Technologies, Inc. (ICT) announced today that Mark Bankes has been selected to serve as VP Sales and Business Development.
Mark has over 18 years of experience in market & sales development, business development, international & channel sales for innovative solutions to service provider and enterprise customers. He most recently worked at Caspian Networks as Director of North American Sales where he developed sales & partnerships with ISPs and service provider vendors.
Mark has previously served in a number influential sales and business development positions including Director of Strategic Alliances at Procket Networks where he secured strategic partnerships for marketing and distribution of terabit routers, Vice President of Sales for All Optical Networks, a leading innovator in WDM transport, Senior Director of Business Development for Calient Networks, an industry leader in photonic switching and Vice President of Strategic Sales for Marconi Communications (FORE Systems acquisition).
“We are very excited to have Mark join our team.” stated Michael Slygh, President of ICT, “Mark’s proven track record in Sales and Business Development will greatly assist our company in the next phase of business expansion. Mark will be instrumental to the introduction of AcceleNet 3.0 for Enterprise, scheduled for March release, which includes support for WAN, file shares and a number of other mission critical features for the enterprise market. Additionally, Mark will be a major asset in expanding our existing product lines serving the ISP, Satellite and Carrier markets and building new partnerships and sales channels.”
About Intelligent Compression Technologies Inc.
Intelligent Compression Technologies, Inc., a privately held company located in Quincy, MA, provides patented software compression and network optimization products for the Communications, Internet, Networking and WAN industries. For more information on ICT and AcceleNet, visit www.accelenet.com.

Media contact: pr@accelenet.com