narrowstep inc (NRWS:OTC US)

Executive Profile*

Background*

Mr. David C. McCourt is the Founder of Granahan McCourt Capital, LLC and serves as its Chairman and Chief Executive Officer. Mr. McCourt is the Founder of Discovery Television. He formed Satellite Holdings, LLC. He serves as the Chief Executive Officer and Chairman at Satellite Holdings, LLC. He also serves as the Chairman and Chief Executive Officer at Narrowstep Inc. He served as the Chief Executive Officer of Skyware Global. For over 25 years he has been an innovator, ... entrepreneur, and business leader across the construction, communications, and media industries. He has founded or bought 14 companies in seven countries and is widely recognized as a transformational force in the telecommunications business. In the early 1980’s, he pioneered the ground-breaking technology that became the standard for building transatlantic fiber networks that initiated the globalization of the world’s markets. In 1982, he created his first company, McCourt Cable Systems, which quickly became the largest privately owned designer and builder of cable systems in the country. He also founded the Discovery TV. Beginning with his station in Grenada, he has maintained a long-time interest in film and television production. Over the past several years he has served as an Executive Producer, including on the ten-part documentary series “What's Going On?” In the mid 1980’s, he introduced the first competitive phone company in the U.S. and also brought the first independent TV station to the Caribbean in Grenada. In 1990, he served as the Chairman and Chief Executive Officer at C-TEC, where he recapitalized the company, monetized several non-strategic subsidiaries, and then split the balance into publicly traded companies: RCN Corporation, Cable Michigan, Inc., Mercom, Inc., and Commonwealth Telephone Enterprises, Inc. After backing the build of the first hybrid phone and cable network in the U.K., he was already anticipating the passage of the Telecommunications Act of 1996 in the U.S. He served as the Chief Executive Officer at RCN Corp. from September 1997 to December 21, 2004, at Avalon Cable of Michigan Inc. from September 1997 to November 1998, at Commonwealth Telephone Enterprises, Inc. from October 1993 to November 1998, and at Mercom, Inc. from October 1993 to November 1998. Mr. McCourt also served as the President and Director at Metropolitan Fiber Systems and McCourt Inc. from 1988 to 1997 and as the President at Level 3 Telecom Holdings, Inc. from 1992 to 1999. He served as the Chairman at RCN Corp. from September 1997 to December 28, 2004. He served as the Chairman of Skyware Global. He also served as the Chairman of Avalon Cable of Michigan Inc. from September 1997 to November 1998. He served as the Chairman of Commonwealth Telephone Enterprises, Inc. Additionally, he served as the Chairman of Mercom, Inc. from October 1993 to November 1998. He serves as a Member of The National Advisory Board at J.P. Morgan Chase & Co., Megacable, and Megacable Communications de Mexico, S.A. He served as a Director of Level 3 Communications Inc. formerly Kiewit Telecom Holdings, Inc. from March 31, 1998 to February 2005. Mr. McCourt also served as a Director of RCN Corp. from September 1997 to January 27, 2005. Additionally, he served as a Director of MFS/WorldCom from July 1990 to 1996 and WorldCom, Inc. from December 1996 to March 1998. He serves as a Member of Cable Satellite Public Affairs Network. He serves on the Boards of the North American Advisory Board of the Michael Smurfit Graduate School of Business at University College, Dublin; the Board of Overseers of the Robert Wood Johnson Medical School of the University of Medicine and Dentistry of New Jersey; American Irish Historical Society; and the Societe de Louvre, Paris. He was appointed as USC Annenberg School for Communication & Journalism's first resident economist. In 2005, he won an Emmy for the critically acclaimed children's series Reading Rainbow and produced Miracle's Boys on Nickelodeon's new teenage network, Miracles Boys is a six part mini-series directed by Spike Lee and other filmmakers such as LeVar Burton and Bill Duke. In December 1984, Mr. McCourt first-ever awarded from the White House recognizing extraordinary accomplishments by private sector businesses. He was among the first recipients of this C Flag award, recognizing his contribution to telecommunications, media, education, and humanitarian efforts. Mr. McCourt was also selected as the Entrepreneur of the Year by Ernst & Young LLP, as well as the top entrepreneur by the Harvard Business School Club of New York. He has been profiled in numerous publications, including USA Today, Forbes, Fortune, The Economist, The Boston Globe, The New York Times, and was one of New York Magazines' New Yorkers of the Year. He has had numerous opinion essays published in The Wall Street Journal, The Financial Times, and The New York Times. In November 2004 the American-Irish Historical Society presented him with its Gold Medal. Mr. McCourt graduated from Georgetown University.

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