August 7, 2002

To Whom It May Concern:

I am writing on behalf of Alejandro Sucre. Mr. Sucre and I were acquainted when, as a senior manager of the fledgling Caracas Teleport, Mr. Sucre and the Otassca company became a member of our trade association for the purpose of examining ways to convert his property into a unique, value-driven entity.

The challenges were formidable, given the location of the property and the marketing effort required to attract the technology-based firms that were being sought. In addition, Mr. Sucre and his team, which included myself, had identified and selected a business concept that was – and remains – rather unique in Latin America to this very day. However, despite these obstacles, he was successful, and the real estate development was named Caracas Teleport. The development was selected as one of WTA’s intelligent buildings of the year in 2000. Mr. Sucre and his family received the award at an Intelligent Communities and Building conference (Smart 2000) in Calgary, Canada.

From a professional perspective, Alex’s ability to execute on a strategy is highly impressive, to say the least. Again, in the case of our mutual project, it was extremely impressive, not the least reason being that he had effectively been tossed into the development as a result of his father’s death shortly before the property came onto the general real estate market. At that time, the building appeared to be simply another commoditized commercial space.

Mr. Sucre’s skills as a turnaround executive who understands sound business practice, as well as his ability to develop concepts and execute on these concepts in a relatively short period of time, will be an asset to any organization to which he is associated. His property, Caracas Teleport, remains a highly-respected member of World Teleport Association.

Please contact me directly if you have further questions at Lzacharilla@worldteleport.org

Sincerely,Louis A. Zacharilla
Director, Global Marketing
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