Actelis Networks Announces Paul Fagan as Vice President of Sales; Telecommunications Sales Leader Brings $350 -Million Annual Track Record to Actelis Networks.Business Editors FREMONT, Calif.--(BUSINESS WIRE)--Oct. 30, 2000 Actelis Networks, the first company to boost copper performance to fiber-quality speed and reliability, today announced the appointment of industry veteran Paul Fagan as vice president of sales. Before joining Actelis, Fagan served as regional vice president of sales for Fujitsu Network Communications, a market leader in fiber network transport solutions. At Fujitsu, he was directly responsible for a sales organization that generated over $350 million in annual sales to Regional Bell Operating Companies (RBOCs) and major carriers, experiencing an average annual growth rate of 60 percent. Earlier, Fagan also held key sales and marketing positions at IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) Corp. "Paul is a strong customer advocate and knows what it takes to be a market leader," stated Yuval Baron, 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 co-founder of Actelis. "Our sales target is to exceed the $1-billion mark within six years. Paul's talent, track record, and strong relationships with the carriers we serve will greatly support the achievement of this ambitious goal." "The Actelis technology enables a major market opportunity for carriers to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. their existing assets and extend their service portfolios immediately," said Fagan. "What attracted me to Actelis is its first rate R&D team, the company's strong investment backing, and the positive feedback I received after consulting with potential customers." Fagan has a proven record of leading his teams in the sale and marketing of SONET, Dense Wave Division Multiplexing (spelling) wave division multiplexing - A common misnomer for wavelength division multiplexing. (DWDM (Dense WDM) The term given to wavelength division multiplexing (WDM) when significantly more channels were being added. Since WDM is increasingly more "dense" all the time, both terms are used synonymously. See WDM. DWDM - wavelength division multiplexing ), access, and Engineering Furnish and Install (EF&I) network solutions to Fortune 1000 telecommunication service provider clients. About Actelis Networks Actelis Networks is the first company to radically boost the speed, range, and reliability of copper local loop facilities to achieve fiber performance and quality. The Actelis mission is to bring the fiber era to small and mid-sized enterprises. Drawing from more than 500 years of combined experience in telecommunications and digital signal processing See DSP. Digital Signal Processing - (DSP) Computer manipulation of analog signals (commonly sound or image) which have been converted to digital form (sampled). , Actelis is pioneering a new era of broadband transport that enables local carriers and service providers to rapidly deliver high-speed, high-value services over existing copper assets. Founded in 1998 and headquartered in Silicon Valley, Actelis is backed by preeminent telecom investors, including New Enterprise Associates, U.S. Venture Partners, and The Walden International Investment Group (early investors in Juniper Networks Juniper Networks, Inc. (NASDAQ: JNPR) is an information technology company based in Sunnyvale, California and founded in 1996. The company designs and sells Internet Protocol network products and services. , Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. , Ascend and others). For more information, please visit the corporate Web site at www.actelis.com. |
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