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Arbinet Appoints Mashinsky To Board

Posted on: 07/07/2006

Arbinet-thexchange, Inc. a provider of solutions to simplify the exchange of digital communications, has announced that its stockholders elected Michael J. Donahue and Alex Mashinsky – the original founders who own around 6% of the company - to the Company's Board of Directors at the Company's Annual Meeting on June 15, 2006. The election follows a proxy battle. Arbinet shares have fallen more than 80 percent from their peak in December 2004, shortly after the company went public.

News story posted by: BroadGroup

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