[0] NeTrue Communications Appoints Senior Vice President Strategic Development.Business Editors LOS ANGELES--(BUSINESS WIRE)--Dec. 19, 2000 NeTrue Communications (CDNX CDNX See Canadian Venture Exchange (CDNX). : NTU NTU - Network Termination Unit .U) today announced the appointment of Dhru Desai to the position of Senior Vice President, Strategic Development. Mr. Desai joins NeTrue Communications from Cronus Technology, a company he founded in 1995 to provide interoperability solutions including signaling gateways for converging IP, PSTN (Public Switched Telephone Network) The worldwide voice telephone network. Once only an analog system, the heart of most telephone networks today is all digital. In the U.S. and Satellite Networks, as well as billing and Network Management products. Mr. Desai held the position of CEO/ President for 5 years and led the company to achieve international deployment of its products and solutions in over 60 countries and establish strategic OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and relationships with industry leaders including Cisco, Siemens and Lucent Technology. Mr. Desai currently serves as a board member for a number of companies involved in switching system products for international markets, a start-up venture focused on multilingual and globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation e-solutions and an India based Software Company. In the position of Senior Vice President, Strategic Development Mr. Desai will be responsible for overseeing the company's strategic direction. Mr. Desai will also take over responsibility for directing NeTrue's Systems Integration and Consulting Services. Mr. Desai will play an instrumental role in identifying opportunities for mergers and acquisitions that will leverage NeTrue's technology in IP telephony The two-way transmission of voice over a packet-switched IP network, which is part of the TCP/IP protocol suite. The terms "IP telephony" and "voice over IP" (VoIP) are synonymous. and satellite, and strengthen NeTrue's position internationally in the Next Generation Network environment. "NeTrue was an early entrant to the IP telephony market," said Dhru Desai, Sr. Vice President, Strategic Development, NeTrue Communications. "NeTrue has the knowledge and industry experience to get our customers up and running more quickly with solutions that directly meet their needs. The company has an enormous opportunity to leverage this experience and assume a leadership role in the industry." Mr. Desai will also bring to NeTrue extensive experience in working in the India region. Mr. Desai actively promotes technology transfer and international trade in the IT and Telecom sector for India with the Counselor General of India in Chicago. "NeTrue's strength has been in its ability to establish relationships with key players in the world's fastest growing markets," said Eric Gurr, Chief Executive Officer, NeTrue Communications. "Our relationship with Shanghai Bell, Sinopec and Hutchison Telecom in the Asian region are testament to this." "Mr. Desai brings to NeTrue a wealth of experience and relationships from his years working in the telecommunications industry in India," added Gurr. "NeTrue recognizes the enormous market opportunity that this region presents and are confident that Mr. Desai's experience will assist our development efforts in the region." About NeTrue Communications NeTrue Communications Inc. (NTU.U: CDNX) is the world leader in providing intelligent, software-driven network management solutions for new generation, IP-based communications networks. NeTrue Vipersat Networks is a Satellite Network Solutions provider for private enterprise and public Internet applications utilizing advanced IP technology to support high quality switched multi-media wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. . NeTrue IPT IPT - IP Telephony BackOfficeTM and NeTrueQoS provide operation and management support for IP voice networks. NeTrue's Global Network incorporates approximately 85 nodes and provides traffic management; clearinghouse and routing services to a global network of more of communications providers. To learn more about NeTrue, visit its Web site at www.netrue.com. NeTrue, NeTrue Communications, NeTrueQoS, IPT BackOffice and IPT NCC NCC See National Clearing Corporation (NCC). are registered trademarks of NeTrue Communications Inc. The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. |
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