SOURCE: JAJAH Inc.

March 27, 2007 11:55 ET

JAJAH Appoints CEO

Internet and Telecommunication Exec Trevor Healy Takes the Helm as Company Continues Dramatic Growth

MOUNTAIN VIEW, CA -- (MARKET WIRE) -- March 27, 2007 -- JAJAH, a leading innovator in global telephony, has appointed Trevor Healy as CEO. Healy, an accomplished entrepreneur and NASDAQ 100 executive, will take the helm as the company continues its historic growth. In a companion press release today, JAJAH announced that it has reached its two million-customer milestone, in its first year of operation.

Healy is the company's first CEO. Co-founders Roman Scharf and Daniel Mattes shared that responsibility in the company's first year.

"We are thrilled to bring Trevor in at this critical stage of growth," said Scharf. "We are growing our network of customers and partners much faster than anyone anticipated. At the same time, we are expanding products and services to meet many opportunities that are emerging on the global market. Trevor has the right combination of early-stage skills and public company knowledge to help us meet those opportunities."

"The global telephony market is undergoing profound change, and this is an extraordinary time to join a company like JAJAH," said Healy. "No other company had forged the right blend of consumer service and partner value -- with telcos, technology partners, and businesses -- to realize this opportunity. I look forward to working with the team in the coming months as JAJAH's growth continues to surge."

Healy has participated in three M&A exits, completed an IPO and Secondary Offering, and ran business units of two large public entities. Prior, to joining JAJAH, he was a Vice President at PayPal Inc., a division of eBay Inc. There he was a general manager to an Internet eCommerce business, which processed in excess of $50 billion of eCommerce transactions annually. In addition, Mr. Healy had VP Sales responsibilities at PayPal. Formerly, Healy was a Vice President at VeriSign Inc. There he was the general manager of the Electronic Commerce group which processed mobile and eCommerce transactions for retailers, mobile operators and consumers. Mr. Healy led the growth of this business for three years, and its eventual sale to eBay Inc. in 2005, for $370 million. As part of this role, Mr. Healy helped launch the VeriSign seal, which is the number one brand of trust online, delivered to 44m consumers every day.

Healy has also served in senior roles at CelNX (co-founder) and Trintech Group PLC, where he started the company's U.S. operation, which completed an IPO on NASDAQ and subsequent secondary offering, enjoying very successful returns for investors.

"Trevor is a great fit for JAJAH at this stage of company and market development," said Venky Ganesan, Globespan Partner and early JAJAH investor. "The opportunity for JAJAH is great, and Trevor makes a great addition to an already superlative team."

About JAJAH

JAJAH, the world's most innovative global communications company, is dedicated to bringing users vastly improved telephony solutions at a fraction of the traditional price. JAJAH enables consumers to make free and low cost telephone calls, locally or globally, dialing from either their computers or mobile phones. By combining the best of the Internet with the best of the existing telephony infrastructure, JAJAH removes the barriers to communication and makes it easier for people everywhere to stay in touch. Unconstrained by technology, infrastructure, or geography, JAJAH is positioned to be the first true player in the new world of global communication. Roman Scharf and Daniel Mattes, driven by their vision of global communication without barriers in terms of devices, rates, location or functionality, founded JAJAH in 2005. JAJAH has offices in Mountain View, California and Luxembourg.

Contact Information