Sunbay AG Announces the Appointment of Juan Villalonga Navarro as Chairman of Its Board of Directors

RÜSCHLIKON, Switzerland, Friday, December 3rd 2010 [ME NewsWire]:

(BUSINESS WIRE)-- Sunbay AG (www.sunbay.com) today announced the appointment of Juan Villalonga Navarro as Chairman of its Board of Directors. In this role, Mr Villalonga will draw from his extensive experience to help the Sunbay Group of companies exploit growth opportunities and create value.


“Juan Villalonga’s leadership and extensive market experience will be a valuable asset to the continuing success and growth of the Sunbay group of companies,” said Andre Wattenhofer, CEO, Sunbay. “He will add a wealth of industry-specific experience to Sunbay’s management team, and will support the company to globally establish its Netsnapper platform as the leading solution for broadband data optimization and conversion.”


Juan Villalonga has held a number of high profile positions including chief executive officer (CEO) of Telefónica (1996-2000), partner at McKinsey & Company (1980-1989), CEO for Credit Suisse First Boston (1993-1994), and CEO of Bankers’ Trust in Spain (1995-1996). Today, Mr Villalonga is a business advisor and accelerator for companies and management teams worldwide. He currently serves as a board member of Espirito Santo Financial Group (www.esfg.com), Axiata (www.axiata.com) and is a director of Idea (www.idea.com). He uses instinct, market vision and sharp analytical skills to help companies identify new growth opportunities, increase revenues, and create cultures that encourage risk taking and value clients. In 2010, Harvard Business Review named Villalonga one of the world's top 100 CEOs.


About Sunbay

Sunbay AG is an international group of companies concentrating on mobility infrastructure software for telecom network operators. The company’s software solutions are designed and written using the latest development tools and processes, delivering best-of-class technology. The Sunbay Group of Companies is headquartered in Rüschlikon, Switzerland and has more than 100 employees. Sunbay places a strong focus on its flagship product “Netsnapper” which is currently being rolled out to telecom network operators around the globe. Sunbay’s Group of Companies has a worldwide presence with sales and service centres in Europe and Asia. Sunbay’s research centre for mobility and wireless, and the software development centre are located in Eastern Europe. For more information visit: www.sunbay.com

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Sunbay AG
JM Arimany, +1 646 431 5536
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