Avici Names Chris Koeneman Sr. VP Worldwide Sales and Service; Veteran Telecom Executive to Lead Avici's Worldwide Customer Efforts.Business Editors/High-Tech Writers N. BILLERICA, Mass.--(BUSINESS WIRE)--April 8, 2003 Avici Systems Inc. (Nasdaq: AVCI), the specialist in high reliability routing solutions for the Internet, today announced that Chris Koeneman has joined Avici and will be responsible for Avici's worldwide sales and service efforts. "Avici's leadership in scalable and reliable carrier class routing favorably positions the company with customers," said Koeneman. "I'm delighted to join a company that has proven its ability to help carriers improve the cost-effectiveness and quality of their IP services, and I am looking forward to leading the sales and service team as we continue to expand Avici's global presence." "Chris's experience and industry knowledge will be a welcome addition to the Avici team," said Steve Kaufman president 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. of Avici Systems. "We are pleased that Chris has accepted this opportunity to build on Avici's momentum and help customers take their IP networks to the next level of reliability and profitability." Chris brings over 18 years of experience with carriers around the globe. He most recently served as Vice President of Worldwide Sales for Celox Networks. Chris has also held sales leadership roles at Cisco Systems, Stratacom, and AT&T. He holds an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration degree for Georgia State University History Georgia State University was founded in 1913 as the Georgia School of Technology's "School of Commerce." The school focused on what was called "the new science of business. and a BA degree from Indiana University. About Avici Systems Avici Systems Inc., headquartered in North Billerica, Mass., is a leading provider of purpose-built carrier-class routing solutions for the Internet. Avici's family of routers is designed to meet carrier requirements for the highest scalability, reliability and network availability, while lowering the total cost of building and operating their networks. The company's routing systems provide new IP solutions to some of the world's leading service providers. For more information, please visit us at www.avici.com. Avici's TSR (Terminate and Stay Resident) Refers to a program that remains in memory when the user exits it in order that it be immediately available at the press of a hotkey. , SSR (Scalable Sampling Rate) See AAC. SSR - Scalable Sampling Rate , QSR QSR Quick Service Restaurant QSR QoS (Quality of Service) Satisfaction Rate QSR Quality System Regulations QSR Quality Status Report QSR Quality System Review QSR Quarterly Status Report QSR Quality System Requirement , NSR NSR abbr. normal sinus rhythm NSR Normal sinus rhythm, see there , and IPriori are trademarks of Avici Systems Inc. This release contains information about Avici's future expectations, plans, and prospects that constitute forward-looking statements for purposes of the 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. provisions under 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. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated. When used in this press release, the words "will be" and other similar expressions are intended to identify such forward looking statements. Such risks and uncertainties include, but are not limited to, market acceptance of Avici products, services and enhancements, customer purchasing patterns and commitments, development of the market place, product development and enhancement, intensity of competition of other vendors, technological changes and other risks set forth in Avici's filings with the Securities and Exchange Commission. |
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