ADVISORY/Megisto Systems' CEO Speaks at Wireless Ventures Conference.News/Assignment Editors ADVISORY...for Tuesday (April 30) --(BUSINESS WIRE) President, 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. , and Founder Gordon Saussy Gordon Saussy was a football coach and a local politician from Georgia. Background Saussy was born in Savannah, Georgia on February 14, 1872. He lead a number of civic organizations, including the Georgia Salzburger Society. to Discuss the Business and Technical Challenges Wireless Operators Face with Deploying Advanced Mobile Data Services WHO AND WHAT Gordon Saussy, CEO, president, and co-founder of Megisto Systems, a leading developer of carrier-class Mobile Internet Refers to gaining access to the Internet using a lightweight, handheld device. See Mobile IP, PDA, smartphone and mobile TV. infrastructure equipment, will speak at the Wireless Ventures Conference in Burlingame, Calif., April 30-May 1, 2002. Saussy will provide a company profile on Megisto Systems, highlighting the challenges operators will face in delivering profitable mobile data services, including the need for mobile operators to deliver highly personalized services for millions of always on mobile subscribers. With $67 million in funding raised to date, Megisto Systems is the best-funded startup in its market. Megisto has secured investment from a leading team of investors, including New Enterprise Associates, Norwest Venture Partners, 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. , Columbia Capital, and Grotech Capital Partners. Megisto brought in $55 million of this investment in its Series B -- an up round -- with closings in late 2001 and early 2002. Megisto also recently received strategic investment from Saturn Venture Partners, an investment arm of Telecom Italia Telecom Italia is formerly a partially state-owned Italian telco. It was once known as SIP, and it has the largest user base in Italy. Telecom Italia also owns shares in Telecom Argentina and Telecom Personal, fixed and cellular networks in Argentina. . Saussy previously served as vice president of marketing for Ericsson's IP Infrastructure division, and played an integral part in the success of both Torrent Networking Technologies (acquired by Ericsson) and Chipcom Corporation (which went public and was subsequently acquired by 3Com Corporation). He has more than 17 years of experience in mobile and data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. and has worked on many early 2.5G and 3G network buildouts. Saussy has held a number of executive-level positions spanning business management, engineering, and marketing for Torrent Networking Technologies, 3Com, and Chipcom Corporation. WHERE AND WHEN Wireless Ventures Conference April 30-May 1, 2002 San Francisco Marriott The San Francisco Marriott is a skyscraper in San Francisco, California. The building rises 436 feet (133 meters) in the southern region of San Francisco’s Financial District. It contains 39 floors, and was completed in 1989. Airport Burlingame, Calif.
SESSION INFORMATION
Session: "Megisto Systems"
Speaker: Gordon Saussy, president, CEO, and founder, Megisto
Systems
Location: San Francisco Marriott Airport, Burlingame, Calif.
Time: Tuesday, April 30, 2002, 2:50 p.m. and 4:05 p.m. PDT
About Megisto Systems Megisto Systems is developing a Mobile Internet service gateway that will enable mobile operators to fully realize the benefits of the Mobile Internet by delivering new and profitable data services. Megisto's subscriber- and service-aware core infrastructure provides the network intelligence required to deliver profitable and secure personalized services to subscribers roaming between 2.5G, 3G, and WLAN See wireless LAN. WLAN - wireless local area network networks. Founded in May 2000, Megisto Systems has a unique blend of expertise in both wireless mobile and data communications. The company's executive team consists of veteran managers with extensive experience in both entrepreneurial and established networking companies such as Ericsson, Alcatel, Motorola, Lucent, Torrent Networking, 3Com, Sprint, BBN (BBN Technologies, Cambridge, MA, www.bbn.com) A consulting firm that participated in the development of some of the most extensive networks in the world, including ARPANET, which evolved into the Internet. It was founded in 1948 as a consulting service in acoustics by Dr. , Level 3, Hughes Network Systems Hughes Network Systems, LLC (HNS), is a provider of broadband satellite network products for businesses and consumers. HNS pioneered the development of high-speed satellite Internet access services and IP-based networks with its original DirecPC service but which it now markets , and AT&T/Bell Labs. Megisto is headquartered in Germantown, Md., in the heart of Washington, D.C.'s high-tech corridor. For more information about Megisto, please visit the corporate Web site at www.megisto.com. |
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