Beacon Telco Names Avi Legmann as Vice President; Beacon Telco Recruits Former BBN/GTE-I Executive.Business Editors & High-Tech Writers BOSTON--(BUSINESS WIRE)--May 23, 2001 Beacon Telco, a Venture Capital Development Company focused on Optical Networking Communications between computers, telephones and other electronic devices using light. An optical network is far more reliable and has far greater potential transmission capacity than networking in the electrical domain. See optical fiber. and Broadband Communications, announced today that it has named Avi Legmann to the position of Vice President. Mr. Legmann brings more than 16 years of marketing & business management experience to Beacon Telco. Most recently, Mr. Legmann was vice president of business development & marketing at Elron TeleSoft where he managed the launch of three software infrastructure products and the creation of its U.S. beachhead beach·head n. 1. A position on an enemy shoreline captured by troops in advance of an invading force. 2. A first achievement that opens the way for further developments; a foothold: . Prior to Elron TeleSoft, Mr. Legmann headed the commercial business development of one of BBN/GTE-I's business units leading the commercialization efforts of technologies through major strategic alliances and company spin-offs. Mr. Legmann has also held key management positions at several telecommunications equipment manufacturers, including Tadiran Telecommunications (Israel) and Eldor Computers (Israel). Mr. Legmann is a graduate of the Technion and Boston University. He holds a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree in Engineering and an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration . "Avi's experience at spinning out technologies from BBN (BBN Technologies, Cambridge, MA, www.bbn.com) A consulting firm that participated in the development of some of the most extensive networks in the world, including ARPANET, which evolved into the Internet. It was founded in 1948 as a consulting service in acoustics by Dr. and his deep communications operational background will further enhance Beacon Telco's ability to create disruptive technologies ventures and help in improving success capabilities for our portfolio companies," stated Alok Prasad Prasāda (Sanskrit: प्रसाद), prasād/prashad (Hindi), Prasāda in (Kannada), prasādam (Tamil), or prasadam , President of Beacon Telco. "I look forward to working with Avi to build a venture capital development company that optimizes venture creation at leading universities." About Beacon Telco Beacon Telco is a venture capital development company focused on creating and investing in optical networking and broadband communications ventures. The emphases at Beacon Telco are on: 1. Innovation: identifying disruptive technologies to build next generation companies 2. Commercialization: reducing time to market and improving success probabilities for start-up ventures Beacon Telco has exclusive access to the Photonics Center at Boston University and was created through a joint venture partnership between Boston University and Globalvest Management Company. Our partners include PRTM PRTM Parks, Recreation, and Tourism Management PRTM Printing Response Time Monitor PRTM Pittiglio, Robin, Todd and McGrath (management consulting firm) , a leading management consulting company, and Deloitte and Touche, a leading audit and accounting firm. Information on Beacon Telco can be found at www.beacontelco.com. |
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