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Allied Telesyn appoints president; New appointments, restructuring position company for growth.


SUNNYVALE, Calif.--(BUSINESS WIRE)--June 3, 1997--Allied Telesyn, the world's largest privately held networking company and the leading supplier of networking building blocks, today announced a new president and several organizational changes to better position the Company for continued expansion in the dynamic networking industry. Filling the newly created office of president and 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.
 is Dan Palmer, bringing 17 years of operational, technical, and marketing experience in the networking industry to his new role. In addition to Mr. Palmer's new position, Allied Telesyn named William Watson William Watson may refer to:
  • William Watson (actor) (1938-1997)
  • William Watson (basketball) American basketball player
  • William Watson (chess) of the twentieth century
  • William Watson (poet) (1858-1935)
  • William Watson (politician) of the twentieth century
 as Chief Financial Officer and Cameron Lorentz as Vice President, U.S. Sales.

"Our primary objective," stated Allied Telesyn Chairman 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.  Takayoshi Oshima, "is to bring to the Company a management team that can further increase shareholder value in the extremely competitive networking market." Under Mr. Palmer's leadership, Allied Telesyn will leverage its leadership role in networking building blocks to drive newer technologies into this segment and broaden the market served by the Company.

Prior to joining Allied Telesyn, Mr. Palmer was president of Digital Link Corporation, a networking company specializing in WAN access equipment. During his six years with Digital Link, Palmer was instrumental in taking the company from a start-up to a public company by growing revenue and profit by a factor of 10. Previously, Palmer held senior management positions with DSC (1) (Digital Signal Controller) A microcontroller and DSP combined on the same chip. It adds the interrupt-driven capabilities normally associated with a microcontroller to a DSP, which typically functions as a continuous process. See microcontroller and DSP.  Communications, Granger Associates. He began his networking career as an engineer for GTE GTE General Telephone & Electronics
GTE Génie Thermique et Énergie (French)
GTE Gas Turbine Engine
GTE Global Tropospheric Experiment
GTE Geothermal Energy
GTE Gas Turbine Efficiency plc (Sweden & USA) 
 Lenkurt, and he holds a BSEE BSEE
abbr.
Bachelor of Science in Electrical Engineering
 from the University of Colorado University of Colorado may refer to:
  • University of Colorado at Boulder (flagship campus)
  • University of Colorado at Colorado Springs
  • University of Colorado at Denver and Health Sciences Center
  • University of Colorado system
 and an MSEE MSEE Master of Science in Electrical Engineering
MSEE Mean Square Estimation Error
MSEE Major Source Enforcement Effort
MSEE Materials Science and Electrical Engineering (Purdue University building) 
 from the University of Santa Clara.

"We will continue to expand Allied Telesyn's role as the world's leading provider of networking building blocks," said Palmer. "The focal point focal point
n.
See focus.
 of our strategy is to incorporate newer technologies in the building block market, fulfilling our commitment to our customers to supply the broadest range of value-oriented networking products and solutions along with the exceptional value and service they have come to expect from Allied Telesyn."

Allied Telesyn also announced William Watson, an industry veteran with over 30 years of experience in technology, as the new Chief Financial Officer. Mr. Watson's background includes serving as president of National Semiconductor (NSC NSC
abbr.
National Security Council

Noun 1. NSC - a committee in the executive branch of government that advises the president on foreign and military and national security; supervises the Central Intelligence Agency
) Japan K.K. for eight years, and most recently, as vice president of corporate business development for NSC. His breadth of experience includes general management, factory/operation management, joint venture establishment and management, acquisitions, marketing/sales, and financial management. He has also held senior management positions with General Instrument Corporation and Fairchild Semiconductor.

Additionally, Allied Telesyn has consolidated its U.S. Sales organizations under the leadership of Cameron Lorentz. Mr. Lorentz has a broad base of experience in sales, most recently with Lucent Technologies as general manager of the western region, data networking group. He has also held senior sales management positions at Bay Networks, KnowledgeWare, International Customer Solutions and 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) . Mr. Lorentz has a history of dramatically boosting sales, while with Bay Networks he grew a regional revenue from $8 million to $63 million.

Allied Telesyn International, incorporated in 1987, is a worldwide leader in networking building-blocks, including fiber-optic and copper-based Ethernet, Fast Ethernet, and ATM connectivity products and solutions. The Company is committed to providing the lowest cost of network ownership through highly reliable networking technology, competitively priced with comprehensive product support and service.

Allied Telesyn is headquartered in Sunnyvale, California, and has locations throughout the U.S. and the world. Detailed information on Allied Telesyn and its products is available on its website at http://www.alliedtelesyn.com .

CONTACT: Allied Telesyn

Serge Timacheff, 206/481-3833

serge_timacheff@alliedtelesyn.com

or

A&R Partners

Jeff Wenker, 415/363-0982

jeff_wenker@arpartners.com
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 3, 1997
Words:601
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