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The Planet Announces Appointment of Chief Accounting Officer

06:13:10 - 10 April 2007

HOUSTON – The Planet, the world’s largest privately held dedicated hosting company, today announced the appointment of Johnny K. Vincent to the newly created role of chief accounting officer.  He reports to Chief Financial Officer Kevin Klausmeyer.

In this newly created management role, Vincent is responsible for traditional accounting functions, internal and external financial reporting, and financial planning and analysis.

“Johnny Vincent brings to The Planet diverse financial and business experience across a number of industries, as well as Sarbanes-Oxley compliance and the IPO process,” said Klausmeyer.  “In addition, his technology industry experience with Dell, Inc. will enable our company to strengthen its processes, drive more value and operate more efficiently.”

Vincent joins The Planet from Hercules Offshore, where he served as vice president and corporate controller.  With Hercules, he was responsible for accounting controls, SEC reporting, compliance and information technology.  Vincent also spent seven years with Dell, Inc. in a series of increasingly responsible financial roles.  He served as controller for Dell’s state and local government business; senior manager for corporate internal audit; and as a senior consultant for the company’s U.S. consumer group.

Prior experience also includes a six-year tenure with Cooper Industries, Inc., and additional financial roles with Cardinal Health and Tenneco, Inc.

Vincent earned a B.B.A. in finance and international business from The University of Texas.  He is licensed as a Certified Public Accountant in the State of Texas.

About The Planet

The Planet is the leading provider of On Demand IT Infrastructure solutions, hosting more than 22,000 small- and medium-size businesses and 2.8 million Web sites worldwide.  By offering the best choice of servers, software tools and world-class support, backed by state-of-the-art facilities and unmatched network connectivity, The Planet helps turn information technology into a powerful competitive advantage that enables customers to successfully grow their businesses.  For additional information, visit www.theplanet.com.

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