Amedia Networks Announces Key Addition to its Executive Team.HOLMDEL, N.J. -- Amedia Networks (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: AANI) a company that designs and develops Ethernet broadband solutions for the communications industry communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. , today announced that Gary Feldman has joined the company as Vice President of Marketing and Business Strategy. Gary Feldman possesses 30 years of experience in marketing and business strategy of which 26 are in telecommunications. Prior to joining Amedia, Mr. Feldman provided consulting services to wireless vendors, optical component start-ups, CLECs, and to private investors. Previously, he was the Vice President of Strategy in Lucent Technologies' Optical Networking Group, and has held multiple marketing, regulatory, and product management positions both there and at AT&T. Mr. Feldman has been retained by several government agencies to provide economic development consultation services, and was on the staff of the Bush Center of the Wharton School. He holds a MA from the University of Pennsylvania (body, education) University of Pennsylvania - The home of ENIAC and Machiavelli. http://upenn.edu/. Address: Philadelphia, PA, USA. in Economics and a BS from Boston University in Social Science Metrics. "One of the goals in our recent successful private placement of over $5 Million was to build an exceptional marketing capability," commented Frank Galuppo, 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. . "There are few other individuals who could bring as much insight and experience to this effort, and we are delighted that Gary has joined our team." Mr. Feldman joins an outstanding assembly of industry veterans that form the executive management team at Amedia. Among them, they have held a wide range of senior management positions at AT&T, AVC (1) (Advanced Video Coding) The video compression techniques used in the H.264 standard, jointly developed by ISO and the ITU-T. See H.264. (2) (Audio Visual C Global, Bell Laboratories, TerraWorz, Lucent Technologies, NanoOpto, NCR (NCR Corporation, Dayton, OH, www.ncr.com) A technology company specializing in financial terminal transactions, retail systems and data warehousing. Until the late 1990s, NCR was heavily invested in the hardware side of the industry, known worldwide as a major manufacturer of computers , JRC JRC abbr. Junior Red Cross Consulting, and a host of other networking and service companies. Their overall experience in the industry is substantial and diverse: --Frank Galuppo, CEO, with 40 years of experience in telecommunications, --Raj Varadarajan, VP of Business Operations and Product Management with over 20 years --Bill Zakowski, VP of Sales and Business Development with more than 25 years --John Colton, VP of Engineering, with over 40 years experience, --Joe Capasso, Director of Product Management, who is a 20-year veteran of the telecommunications industry. About Amedia Networks Amedia designs, develops, and implements Ethernet solutions for the Fiber-to-the-Premises (FTTP (Fiber To The Premises) The installation of optical fiber from the carrier directly into the home or office. Also called "fiber to the home" (FTTH). See PON and FTTC. See also FTP. ) broadband access market. The Company's solutions are being designed to provide secure, high performance, scalable and reliable access, enabling network providers to offer high-speed data access, video applications, and Voice over Internet Protocol (VoIP) services in a highly cost effective manner. For more information about Amedia Networks visit http://www.amedianetworks.com. This press release may contain "forward-looking" statements as that term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. A number of factors could cause Amedia's actual results to differ from anticipated results expressed in such forward-looking statements. Such factors are addressed in Amedia's filings with the Securities and Exchange Commission (available at www.sec.gov). Amedia assumes no obligation to update any forward-looking statements. |
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