Able’s new hires fail to replace lost MFS officers.

The following MFS Network Technologies officers have resigned since the sale of the company to Able Telcom Holding Corp. (NASDAQ Trading Symbol: ABTE) (Price: $7.1875) was announced: Kevin P. Moersh, President & CEO; Robert Thurman, Senior Vice President of Estimating & Engineering; Rick Bonds, Vice President of Legal & Regulatory Affairs; Bill Thompson, President & COO of MFS Transportation Systems and Bob Eide, Senior Vice President of Network Sales. Able has not announced these resignations. None of the newly hires announced by Able yesterday disclosed any knowledge, training or experience in any of these highly essential areas.

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