Avian Communications Appoints Jerry Stern as Senior Vice President of Engineering; Industry Veteran to Oversee Wireless Product Design and Development.Business/Technology Editors MARLBOROUGH, Mass.--(BUSINESS WIRE)--Nov. 29, 2001 Avian Communications, Inc., a provider of next-generation mobile infrastructure equipment optimized for profitable wireless data services delivery, today announced the appointment of Jerry Stern as senior vice president of engineering. Stern will be responsible for overseeing the design and development of Avian's mobile services product lines. A 28-year veteran of the technology industry, Stern brings extensive experience in communications and computer systems development to his new position. He comes to Avian from Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. , where he was responsible for the development of the "Intelligent Contact Manager" product. Previous to Cisco, Stern held a number of key management and development positions at leading technology companies including GeoTel Communications, Stratus Computer, Bolt Beranek & Newman, and Honeywell Information Systems. "Jerry Stern is a strong addition to our team and we are very excited to have him on board," said Avian 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. , Raj Alur. "He brings the engineering expertise and vision that will allow us to leverage the 'IP-ization' of mobile infrastructures in solutions that will enable wireless operators to easily and profitably monetize their 2.5G and 3G networks for generations to come." Avian is developing a new category of mobile data infrastructure equipment designed to address the revenue and profitability issues wireless operators face as they add mobile data services to their networks. This equipment will enable and accelerate the creation of profitable and sustainable advanced intelligent mobile data services. The company recently announced a $22 million second round of equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. from investors including Argo Global Capital, Nokia Venture Partners, St. Paul St. Paul as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26] See : Bravery Venture Capital, Wasserstein Ventures, YankeeTek Ventures, and Clarity Capital. St. Paul Venture Capital was also Avian's first round investor. Avian will use the new funding to grow aggressively to support product development through its scheduled customer trials. About Avian Communications Avian Communications is a wireless networking See wireless network. infrastructure company building a new category of mobile data infrastructure equipment called a Mobile Services Switching Point (MSSP (MultiService Switching Platform) A high-end Cisco router that supports high-speed optical connections in the core of the network. See MSPP and MSTP. (TM)). Founded in 2000 and headquartered in Marlborough, Massachusetts, Avian is positioned at the intersection of wireless networking and next-generation IP networks. Avian's MSSP enables the creation of profitable data services in evolving GPRS (General Packet Radio Service) The first high-speed digital data service provided by cellular carriers that used the GSM technology. GPRS added a packet-switched channel to GSM, which uses dedicated, circuit-switched channels for voice conversations. , UMTS (Universal Mobile Telecommunications System) The GSM implementation of the 3G wireless phone system. Part of IMT-2000, UMTS provides service in the 2 GHz band and offers global roaming and personalized features. and CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. networks. By leveraging the "IP-ization" of the mobile network infrastructure, the MSSP enables wireless operators to flexibly and profitably monetize their 2.5G and 3G networks. With a management team that brings together leading IP and wireless experts from companies including Ericsson, Nortel, Motorola, Cisco and Lucent - and funding from leading venture capital groups (Argo Global Capital, Nokia Venture Partners, St. Paul Venture Capital, Wasserstein Ventures, YankeeTek Ventures, Clarity Capital), Avian is at the forefront of the transition from circuit to packet-switched wireless networks. For more information please call +1 508-597-0601, or visit the website at www.aviancommunications.com. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion