ACT Networks Appoints David Weisman as Vice President of Marketing.Business Editors CALABASAS, Calif.--(BUSINESS WIRE)--March 3, 2000 ACT Networks(R) Inc. (Nasdaq:ANET) -- a leading provider of multiservice access products -- today announced it has appointed David Weisman as vice president, marketing, with overall responsibility for developing and implementing ACT's global product and marketing strategies. Most recently Weisman served as vice president, sales and marketing for the Advanced Switching division at Thomson-CSF, where he led the introduction of their high-speed electrical and optical switching equipment into the enterprise and telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. marketplace. In addition to building a global sales and marketing organization, he was also instrumental in winning a $450 million multiservice backbone contract with the British Army The British Army is the land armed forces branch of the British Armed Forces. It came into being with unification of the governments and armed forces of England and Scotland into the United Kingdom of Great Britain in 1707. . The division was acquired in 1999. "We are very pleased to have Dave join the ACT management team," said Andre de Fusco, ACT's president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "His broad industry experience, extensive track record in Internet protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. (IP) communications and advanced optical networking Communications between computers, telephones and other electronic devices using light. An optical network is far more reliable and has far greater potential transmission capacity than networking in the electrical domain. See optical fiber. , combined with his expertise in multimedia service provisioning, make him an ideal candidate to take ACT to a leadership position in building convergent networks." About ACT Networks ACT Networks develops, manufactures, and markets multiservice access products, which support a broad range of integrated voice and data networking applications. Service providers and enterprise customers use the company's products to build multiservice networks that are bandwidth efficient, cost effective and easy to manage. The company's award-winning NetPerformer(R) product incorporates advanced voice and data compression data compression Process of reducing the amount of data needed for storage or transmission of a given piece of information (text, graphics, video, sound, etc.), typically by use of encoding techniques. algorithms The following is a list of the algorithms described in Wikipedia. See also the list of data structures, list of algorithm general topics and list of terms relating to algorithms and data structures. , enhanced switching and traffic management capabilities, and state-of-the-art hardware and software integration technologies. For more information about ACT Networks, with headquarters in Calabasas, visit the corporate Web site at http://www.actnetworks.com. This news release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. regarding future events and future financial performance of the company. These statements are only predictions and actual events or results may differ materially as a result of a number of factors including, without limitation, the factors discussed in the company's last reports on forms 10-K and 10-Q under "Risk Factors" and the risks associated with dependence on key and new management and the company's ability to retain key personnel. Note to editors: ACT Networks and NetPerformer are registered trademarks of ACT Networks Inc. All other trademarks mentioned in this news release are the property of their respective owners. |
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