Optasite Names Michael Boychuk to Board of Directors



    
    Bell Canada and BCE executive brings industry expertise to rapidly growing
    tower company
    

    WESTBOROUGH, Mass., Oct. 9 /CNW/ -- Optasite, Inc., a fast-growing
developer, owner and operator of telecommunications tower sites, today
announced that Michael Boychuk, Senior Vice-President and Treasurer of BCE
Inc. and Bell Canada, has joined the Company's Board of Directors. In this
role, Boychuk will leverage his experience to help define corporate direction
and strategies to expand Optasite's market leadership.
    As a Senior Vice-President and Treasurer of BCE Inc. and Bell Canada,
Boychuk has been involved in financings for the BCE group of companies in
excess of $20 billion. In addition to his Treasury responsibilities, he is
also responsible for Corporate Finance and is the senior officer responsible
for the BCE / Bell pension plan.  Boychuk has a strong background in mergers
and acquisitions and is a member of the advisory Board of Centennial Ventures,
a billion dollar plus private equity fund based in Denver, Colorado as well as
Chair of the Audit Committee of Yellow Pages Income Fund.
    "There are a number of changes taking place right now in the wireless
industry," said Boychuk. "Optasite has shown it can deliver what the tower
market needs and that it has an executive team in place to ensure the Company
is a major player in the industry. I'm looking forward to being a part of the
team that continues to grow this organization."
    "Optasite has quickly grown to be the fifth largest  player in the tower
industry and we need strategic thinking corporate directors who can help guide
us in building a successful company," said Jim Eisenstein, Chairman and CEO of
Optasite. "Mike will provide key direction to our Company as we continue to
expand our business and we are excited to have him join our Board."
    With the addition of Boychuk, Optasite's board now consists of  seven
members, including: Jim Eisenstein, chairman and CEO; Jon Auerbach, Highland
Capital Partners; Tripp Peake, Long River Ventures; Matt Newton, Columbia
Capital; Ted Mocarski, Key Venture Partners and Rand Lewis, Centennial
Ventures.
    
    About Optasite
    
    Headquartered in Westborough, Massachusetts, Optasite is one of the
fastest growing tower companies in the United States. Giving effect to pending
transactions, Optasite has 511 towers in its portfolio and focuses on a
strategy of disciplined tower acquisition and development. The Company
currently owns towers in 29 states, as well as the U.S. Virgin Islands.
Optasite is funded by leading financial investors, including Centennial
Ventures, Citi, Columbia Capital, Highland Capital Partners, Key Venture
Partners and Babson Capital Management. For more information, please visit
http://www.optasite.com.




For further information:

For further information: Samantha Smith of Emerge PR, +1-617-729-3178, 
ssmith@emergepr.com Web Site: http://www.optasite.com

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OPTASITE

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