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21Vianet Group, Inc. Appoints Vice President Of Capital Markets And Business Development

BEIJING, April 8, 2014 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq:VNET) ("21Vianet" or the "Company"), the largest carrier-neutral internet data center services provider in China, today announced that it has appointed Mr. Eric Chu, a telecommunications and internet infrastructure analyst, as Vice President of Capital Markets and Business Development, effective immediately. Mr. Chu will lead the Company's investor relations team in communicating the Company's operating strategy, business initiatives and growth opportunities to the investment community. His responsibilities also include exploring strategic partnerships with industry participants. In this position Mr. Chu will be based in the United States and report to Mr. Shang Hsiao, the Company's CFO.

Mr. Chu joins 21Vianet Group after spending 5 years at Canaccord Genuity where he most recently served as Vice President of Telecom Services Equity Research. In addition to being the lead analyst on 21Vianet, he also co-covered more than 20 telecommunications and internet infrastructure companies including global data center operators, US wireless carriers, US wireless tower operators and US competitive local exchange carriers (CLECs). Prior to Canaccord Genuity, Mr. Chu worked as an equity research analyst at Principle Capital Management, W.R. Huff Asset Management and Bear Stearns and as a project manager at McCormick Taylor Inc. Mr. Chu received his MBA from New York University's Stern School of Business, M.S. from Case Western Reserve University and B.S. from Tsinghua University. He is also a CFA charter holder.

Mr. Shang Hsiao, Chief Financial Officer of the Company, stated, "We are excited to welcome Eric to our team. He is grounded with years of capital markets experience focusing on global telecommunications and internet infrastructure services that will help us tremendously as our expanding business necessitates increasingly sophisticated and robust investor relations and business development programs. As Eric will be based in the US, his addition will also allow us to increase our exposure to the investment community in the US and European markets. We look forward to working with him and benefitting from his invaluable skill-set and experience."

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