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By ron • October 15, 2019

Infrastructure Networks Names New CFO

John Colwell joins iNet from VanZandt Controls to serve as Chief Financial Officer

HOUSTON, TX (Oct. 15, 2019) — Infrastructure Networks, Inc. (“iNet”), the leading wireless LTEsolutions provider to the U.S. onshore energy industry, announced today that John Colwell, former CFO at VanZandt Controls, is joining iNet as CFO.  Greg Smith, who has served as iNet’s CFO for the past three years, will move into a special advisory role through the end of the year.

“We are pleased to welcome John to the management team,” said Mark Slaughter, iNet’s CEO.  “His experience and extensive knowledge will support the continued growth and strategic direction of the Company.  I also want to thank Greg for his commitment and leadership during the time he served as CFO.”

“I am pleased to be joining iNet as its next CFO”, said Colwell, adding “I look forward to working alongside iNet’s existing management team and helping the Company achieve its strategic goals.”

Prior to his role at VanZandt, Colwell held positions at OFS Energy Fund, LLC, Alvarez & Marsal and Ernst & Young.  Colwell brings consulting experience as well as experience in private equity, working with and within portfolio companies to achieve strategic and operating objectives.

Colwell holds bachelor and master’s degrees in accounting from The University of Texas at Austin.  In addition, he is a Certified Public Accountant and is a CFA Charterholder.

 

About Infrastructure Networks

iNet is a fully-integrated technology and telecommunications company that enables the ‘Industrial Internet of Things’ (“IIoT”).  The Company provides an end-to-end, standards-based and dedicated wireless solution platform capable of supporting the full spectrum of IIoT solutions.  iNet also owns or controls the 4G/ 5G LTE spectrum covering the majority of energy-producing assets in the Continental U.S.  By providing wireless LTE connectivity and “plug and play” solutions to oil and gas and other industrial companies, iNet has become the leader in providing innovative products and services to the industry.  iNet manages critical communications through its CloudCore Wireless-Infrastructure-as-a-Service Platform.  As such, the Company enables existing SCADA, Mobile Data, Video, Workforce Automation, and other machine-to-machine applications with IIoT functionality.  iNet is based in Houston, Texas.  Strategic investors include Altira Group LLC and Apollo Global Management, LLC.  For more information, please go to the Company’s website:  www.InetLTE.com.

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