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Seasoned Finance Executive Joins Dex One

Dex One Corporation (NYSE: DEXO) today announced the appointment of Gregory Freiberg, a skilled finance executive with a strong technology background, to the position of executive vice president and chief financial officer.

"Greg’s solid accomplishments as a public company CFO, coupled with his extensive technology background make him an excellent addition to our new leadership team," said Alfred Mockett, chief executive officer of Dex One. “As we transform our operations to help local business leverage digital media, his proven track record of delivering shareholder value will be invaluable.”

Reporting directly to Mockett, Freiberg, 44, will be responsible for all aspects of Dex One’s finance operations and will play a key role in executing the company’s business strategy. He will join the company on Monday, Sept. 12.

Freiberg comes to Dex One with a strong career of senior finance positions at leading global technology companies, including Savvis, XO Holdings, Asia Netcom, Level 3 Communications and MCI.

As chief financial officer of Savvis, a global outsourcing data center provider, he led the company through a transformation which resulted in double digit year-over-year revenue and EBITDA growth. He was also a principle architect of the company’s merger with CenturyLink, Inc., completed in July 2011.

While serving as CFO at XO Holdings, Freiberg successfully crafted a series of initiatives to strengthen the company’s balance sheet, drive growth in new revenue streams and decrease debt.

“This is an excellent opportunity to join a like-minded, aggressive team that is transforming Dex One into a leader in digital marketing and local search for businesses,” said Freiberg. “I look forward to working with Alfred and the leadership team.”

Freiberg began his career in the United States National Guard and during his 9-year career he rose to the rank of Captain and Infantry Company Commander.

He is a graduate of The University of South Dakota where he earned a BS in business administration.

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