ADVISORY/ WaveSmith Networks' President and CEO To Present At The Massachusetts Telecommunications Council's Annual Investor's Conference.Business/Technology Editors ADVISORY...for Thursday (May 23) --(BUSINESS WIRE) Who Robert Dalias, President and CEO, WaveSmith Networks, Inc. What The Annual MTC Investor's Conference showcases the hottest telecommunications companies in New England. Presidents, CEOs, and CFOs from early stage and mid-to late-stage private companies are joined by their peers from public companies to provide investors with a comprehensive view of the business and technology advances being made by New England telecommunications companies. WaveSmith's President and CEO, Robert Dalias, will present the company's strategy and value proposition to hundreds of investors, analysts, industry decision-makers and media at this year's conference. Where MTC Investor's Conference The Westin Copley Place Boston, MA When Thursday, May 23, 2002 3:05 - 4:10 PM EST About WaveSmith Networks WaveSmith Networks, based in Acton, MA, is focused on redefining multiservice switching that enables carriers to build out their existing infrastructures by rapidly and more efficiently distributing today's new optical core capacity with telephony-grade reliability. WaveSmith's founding assumption is that the multiservice switching segment of the carrier network is in desperate need of a change. WaveSmith is targeting the growth of Regional Bell Operating Companies The Regional Bell Operating Companies (RBOC) are the result of the U.S. Department of Justice antitrust suit against American Telephone & Telegraph. History (RBOCs), Incumbent Local Exchange Carriers (ILECs), Interexchange Carriers (IXCs), Multiple System Operators (MSOs), and tier-1 Competitive Local Exchange Carriers (CLECs). WaveSmith is backed by leading East Coast, West Coast, and international venture capitalists. WaveSmith has raised over $54 million in funding to date. Lead investors include Atlas Venture Atlas Venture is an international early-stage venture capital firm that invests in communications, information technology, and life sciences companies. Atlas Venture has investing offices in Boston, London, Munich, and Paris, and its investments are evenly divided between the , Bessemer Venture Partners Bessemer Venture Partners is a private venture capital firm with offices in Silicon Valley, New York, Massachusetts, China, and India. It has backed such companies as Ciena, Flarion, Parametric Technologies, Skype, Staples, VeriSign and Veritas. , and Fidelity Ventures Fidelity Ventures is the venture capital arm of Fidelity Investments. Based in Boston and London, Fidelity Ventures invests in emerging technology companies in North America and Europe. . Other investors include Commonwealth Capital, GATX GATX General American Transportation Corporation Ventures, Silicon Valley Bank, and Venture Investment Management Company LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (VIMAC VIMAC Venture Investment Management Company LLC (Boston, MA) VIMAC Visually Impaired Media Access Consultants ). For more information, visit WaveSmith at www.wavesmithnetworks.com. |
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