MPOW - Mpower Holding Corporation (MPOW)

[jmhollen]

Mpower Adds Sales & Marketing Executive to Board of Directors

ROCHESTER, N.Y., May 6 /PRNewswire-FirstCall/ -- Mpower Holding Corporation (OTC Bulletin Board: MPOW), the parent company of Mpower Communications Corp., a provider of broadband high-speed Internet access and telephone services to business customers, announced today that telecommunications industry veteran Anthony J. Cassara has joined its Board of Directors.

Cassara has over 23 years of management experience in the telecommunications industry. He is currently the President of Cassara Management Group, Inc., a privately held business counseling practice focused on the telecommunications industry. Prior to founding this firm, Cassara was President of the Carrier Services division at Frontier Corporation and later at Global Crossing. During his 16 years with Frontier and Global Crossing, he held many executive positions in various domestic and international business units.

"We are extremely pleased to have Tony join our Board," stated Mpower Communications Chairman and Chief Executive Officer Rolla P. Huff. "His expertise in the areas of sales and marketing will be invaluable as Mpower looks ahead to the future and focuses on growth and profitability."

"I'm looking forward to joining the Board of Mpower," said Cassara. "With Mpower being free of long-term debt, having facilities-based product lines and an established management team, I believe it is a company uniquely positioned in the telecom industry."

Concurrent with this announcement, two members of Mpower's management team, Joe Wetzel, President and Chief Operating Officer and Gregg Clevenger, Executive Vice President and Chief Financial Officer, are stepping down from the company's Board of Directors, but will continue in their executive management roles.

With the exception of Huff, each member of Mpower's Board of Directors is now an outside director having no employment relationship with the company. This structure is intended to ensure that the Board is completely impartial in guiding the company's direction.

"We take good corporate governance very seriously. In the spirit of Sarbanes-Oxley and other initiatives which may be proposed by the SEC, we are taking a proactive approach and adopting the best corporate practices with respect to the composition of our Board of Directors," added Huff. "We are pleased with the well-rounded makeup of our new Board and are confident that it will provide exceptional guidance to the management team as we focus on value creation for our shareholders."

About Mpower Holding Corporation

Mpower Holding Corporation (OTC Bulletin Board: MPOW) is the parent company of Mpower Communications, a facilities-based broadband communications provider offering a full range of data, telephony, Internet access and Web hosting services for small and medium-size business customers. Further information about the company can be found at www.mpowercom.com.

SOURCE Mpower Holding Corporation

CONTACT: Investor Relations - Gregg Clevenger, Chief Financial Officer,
[phone], [e-mail]; Media Inquiries - Michele Sadwick, Vice
President, [phone], [e-mail], both of Mpower Holding
Corporation

Web site: http://www.mpowercom.com