AM-BEO announces corporate restructuring

News

Company positioned for major 2004 activities

AM-BEO LTD., a leading provider of advanced roaming, rating, charging and revenue settlement products, has announced several key organizational and corporate changes.

Following successful implementations of its Rate-Rec products across Europe and in the United States, AM-BEO has aligned its product offerings to best serve the growing demand for data, content and advanced telecommunications services. In support of this demand, AM-BEO will be continuing to expand its product and solution offerings and delivery footprint globally during 2004 from its headquarters in Galway, Ireland.
 
To facilitate this strategy, AM-BEO has announced that Michael Murphy, currently executive vice president, has been appointed president and CEO of the company. In his new role he will oversee operations for AM-BEO worldwide. Murphy has extensive industry and senior management experience within telecommunications service providers along with product companies and systems integrators. Prior to joining AM-BEO, Murphy was a partner at Andersen Business Consulting, and through acquisition, joined Bearing Point as a managing director in their telecommunications practice. Previously, he was vice president and senior manager at AMS and held several senior positions with US WEST (Qwest).
 
AM-BEO additionally announced several key executive promotions. Eoin Leahy, currently the company's CTO, will expand his current responsibilities to oversee all product and solution development. He will focus on enhancements to the existing products and the development of new, value-added services, which will be announced later this quarter. Stephen Murphy, vice president of Professional Services, will take on the added responsibility for all software development and engineering, training and customer service. Sinead Donnellan, vice president of Finance, will take on the additional responsibilities for Human Resources, Legal, and Corporate Administration globally.
 
John Brady, the previous president and CEO of AM-BEO, led the company from its inception through 2003, including numerous awards, customer wins and rounds of funding. Brady will be stepping down to pursue other opportunities while remaining a shareholder in the company.