AltiGen Communications Appoints Sherman Silverman Vice President of Sales.Business Editors FREMONT, Calif.--(BUSINESS WIRE)--Nov. 28, 2000 AltiGen Communications, Inc., (Nasdaq:ATGN ATGN Additive Truncated Gaussian Noise ), a leading provider of next generation telecom servers and IP-based computer telephony See CTI, VoIP and IP telephony. Computer Telephony - Computer Telephone Integration solutions, today announced the appointment of Sherman Silverman to vice president of sales. Mr. Silverman's new position is effective immediately and reflects responsibilities already undertaken. "This appointment signifies an important milestone in the restructuring of Altigen's sales department," said Gilbert Hu, 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. of AltiGen. "We now have a very strong sales team in place that is ready to execute our business plan with energy and enthusiasm. Sherman is a valued contributor and his efforts in this new position will make a significant impact on AltiGen's growth in the coming year." Silverman is a sales and marketing veteran with more than 25 years of experience working with companies to identify and develop new business opportunities. He is responsible for the company's global revenue strategy, including business development, direct and indirect sales channels. About AltiGen Communications AltiGen Communications, Inc., (Nasdaq:ATGN), is a leader in the server-based telecommunications system market. AltiGen designs, manufactures and markets next generation, server-based telecommunications systems that use both the Internet and the public telephone network to enable an array of applications that take advantage of the convergence of voice 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. . AltiGen products are available from authorized resellers and come with a one-year warranty. AltiGen's AltiServ OE has been recognized for excellence with nearly 30 industry awards, including a 1999 Editor's Choice Award from PC Magazine and a 1998 Analyst's Choice Award from PC Week Magazine. For more information, call 1-888-ALTIGEN or visit the website at www.altigen.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, including, without limitation, statements regarding AltiGen's planned distribution channel growth. These statements reflect management's current expectations. However, actual results could differ materially as a result of unknown risks and uncertainties, including but not limited to, risks related to AltiGen's limited operating history. For a more detailed description of these and other risks and uncertainties affecting AltiGen's performance, please refer to the information set forth under the caption "Risk Factors" in the final prospectus Final Prospectus A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors. Notes: The final prospectus must be given to every investor who purchases a new issue of registered securities. dated October 4, 1999 related to AltiGen's initial public offering, a copy of which can be obtained from CIBC World Markets CIBC World Markets is the investment banking division of the Canadian Imperial Bank of Commerce. It helps governments, large companies, and other large institutions obtain capital and credit and is a primary dealer in U.S. Treasury securities. , Oppenheimer Tower, World Financial Center, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New York; telephone number 212/667-7000. |
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