Actelis Networks Adds Industry Operations Veteran to Technical Advisory Board.Business Editors/High-Tech Writers FREMONT, Calif.--(BUSINESS WIRE)--Dec. 2, 2002 Dennis Young Dennis Young was acting Governor-General of Papua New Guinea in 1991. He was Speaker of the Assembly when Serei Eri resigned his position as Governor-General on October 1, 1991. Young served as acting Governor-General until the selection of Wiwa Korowi on November 18, 1991. , former chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. at Siemens ICN ICN International Council of Nurses. and executive vice president and general manager from ADC's wireline division, joins Actelis Networks Technical Advisory Board to provide manufacturing and operations expertise Actelis Networks(R), the first company to enable fiber-quality transport services The collective functions of layers 1 through 4 of the OSI model. over local loop copper, announced today that it has added Dennis Young to its technical advisory board. Young's most recent position was chief operating officer with Siemens ICN (NYSE NYSE See: New York Stock Exchange : SI). Prior to Siemens ICN, Young was executive vice president of operations and general manager for ADC's Wireline Group (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ADCT ADCT Adaptive Discrete Cosine Transform ), a division with $650 million in annual revenue. In the 1990's, Young held several key executive positions with PairGain including managing several business units and all manufacturing and operations planning. During Young's tenure, annual revenues grew from $30 million to $345 million and PairGain became a public company. Mr. Young has also held the title of chief executive officer at Ecco UK Ltd and Talley UK Ltd. "Dennis Young joins our technical advisory board at a crucial time for Actelis," said Tuvia Barlev, co-founder and chief executive officer of Actelis Networks. "Our recent MetaLIGHT(R) 1500 general availability announcement has drawn considerable interest from carriers worldwide. Mr. Young will guide us through the expansion of our manufacturing and operations processes to meet the requirements of major carriers worldwide." "Actelis Networks is unique because of the genuine value its products offer to the carrier market," said Dennis Young, member, technical advisory board, Actelis Networks. "Actelis' MetaLIGHT 1500 sped through OSMINE (Operations Systems Modification of Intelligent Network Elements) A system from Telcordia for verifying compatibility with Telcordia-designed operating systems. and NEBS certification processes and that attention to detail will serve them well as they move into the volume manufacturing stage. Carriers demand strong engineering and operations capabilities from their suppliers and I can help Actelis implement the key processes required to meet these needs." About Actelis Networks Actelis Networks is the first company to enable fiber quality transport over local loop copper. By radically boosting the speed, range, and reliability of copper to achieve fiber performance in the local loop, Actelis allows carriers to deliver bandwidth today to points further from the core of the network without further cabling investment. Founded in 1998 and headquartered in the Silicon Valley, Actelis Networks is backed by preeminent telecom investors, including New Enterprise Associates, The Walden International Investment Group, U.S. Venture Partners and The Carlyle Group. Actelis was named one of the top 100 private companies in the United States by Upside Magazine and one of the Ten Most Intriguing VC fundings of 2001 by Red Herring Red Herring A preliminary registration statement that must be filed with the SEC describing a new issue of stock (IPO) and the prospects of the issuing company. Notes: . Actelis announced general availability of its MetaLIGHT 1500 in September of 2002 and is generating revenue in carrier networks in the United States. For more information, please visit the corporate Web site at www.actelis.com. Actelis Networks and MetaLIGHT are registered trademarks of Actelis Networks, Inc. One or more U.S. and foreign patents pending cover the product described above. All other trademarks used herein are the property of their respective owners. |
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