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Asante Names Raj Matthew as Chief Financial Officer; Industry Veteran to Help Company Grow.


SAN JOSE San Jose, city, United States
San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850.
, Calif. -- Asante Technologies, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:ASNT ASNT American Society of Non-destructive Testing
ASNT American Society for Neural Transplantation
ASNT Astrological Association of North Texas (Dallas - Fort Worth Metroplex)
ASNT Application Sharing Nt
), a leading provider of networking solutions for the small-medium business (SMB (1) (Small to Medium-sized Business) Also called "SME" (small to medium-sized enterprise), it refers to companies that are larger than the small office/home office (SOHO), but not huge. ) market, today announced that Raj Matthew has joined the company as chief financial officer. Mr. Matthew, a veteran of the networking and emerging technologies industries, brings almost 20 years of management experience to Asante. He will report to Jeff Lin, Asante's 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. .

Mr. Matthew will lead a team of seasoned financial and human resources professionals. Previously, he served as chief financial officer at BuildPoint Corporation and at PeopleWeb Communications, where he was also 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.
. Mr. Matthew has held senior management positions of increasing responsibility at Conner-Seagate, PriceWaterhouseCoopers, BankAmerica, and Pacific Telesis Group.

"Raj's extensive financial experience in networking and software market spaces makes him a great asset to the company," said Lin. "His strong track record in reducing risk and optimizing financial performance will help Asante improve its bottom line and increase shareholder value."

About Asante

Asante Technologies, Inc. is a leading provider of networking solutions for the small-medium business (SMB) market. Asante designs, markets, and sells a full line of networking solutions that provides its customers with high-performance, reliable, and value-based solutions. The company's FriendlyNET(R) and IntraCore(R) product families offer companies a full breadth of products -- from the edge to the core of their networks. For additional information, visit www.asante.com or call 800-662-9686.

Asante, FriendlyNET, and IntraCore are registered trademarks of Asante Technologies, Inc. All other names may be trademarks or registered trademarks of their respective owners.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Dec 6, 2004
Words:255
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