Broadbus Names Industry Veteran Vin Bisceglia Chairman and Chief Executive Officer.To download high-resolution, print-ready JPEG JPEG in full Joint Photographic Experts Group Standard computer file format for storing graphic images in a compressed form for general use. JPEG images are compressed using a mathematical algorithm. images, click on the thumbnail image above. WARNING: these images are very large (800K+) Click here for caption Business Editors/High-Tech Writers MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=4574515 BOXBOROUGH, Mass.--(BUSINESS WIRE)--Feb. 18, 2004 Broadbus Technologies, Inc., the leading next-generation provider of video-on-demand (VOD See video-on-demand. VoD - video on demand ) server systems for the cable television industry, today announced the appointment of Vin Bisceglia as Chairman and Chief Executive Officer (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. ). Broadbus' founding CEO, Jeffrey Binder will continue as the Company's President, where he will drive sales, marketing, and business development activities. Bisceglia, a networking industry veteran, brings a wealth of experience in leading both private and publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. . Prior to joining Broadbus, Mr. Bisceglia was Chairman and CEO of NEON Communications, Inc., the premier carrier of high-capacity optical bandwidth in the Northeast. While at NEON, Mr. Bisceglia built a high performance team that deployed the optical infrastructure required to enable broadband services throughout the New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. , New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Mid-Atlantic regions. NEON was highly successful in structuring customer relationships with the country's largest carriers, enterprise and cable operators. Before joining NEON, Mr. Bisceglia served as President and CEO of Technology Service Group, Inc., a telecommunications equipment company based in Atlanta, where he engineered a successful restructuring and turnaround that lead to a fully subscribed Fully Subscribed A situation in which an underwriting firm has successfully sold to investors all of its available issues of a public offering of securities. When the issue is fully subscribed, the underwriter's risk of being undersubscribed (being unable to sell its allotment of IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. and eventual merger of the company. In addition, Mr. Bisceglia currently sits on the board of Ellacoya Networks. "What excited me most about joining Broadbus was the immense progress achieved by the company in such a short period of time," said Vin Bisceglia. "To bring a best of breed system of this complexity to revenue stage in the space of 18 months underscores the capabilities of this enormously talented team. Broadbus has a game-changing technology in a market that is still in its early stages and I look forward to moving rapidly to establish Broadbus as the clear market leader in the VOD sector and beyond." "Vin's background as a seasoned executive with more than two decades of experience scaling both public and private companies in related businesses made him an ideal choice to lead the company as we move into our next phase of growth," said Jeffrey Binder, founder and President of Broadbus. "I look forward to working closely with Vin to drive continued market penetration and fully deliver on the vision of television-on-demand services to the cable and telecommunications industry." Earlier in his career, Mr. Bisceglia also led company operations as President and COO for Transaction Management, Inc. a LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. systems manufacturer and has held senior management positions at National Semiconductor, Inc. and Siemens. Mr. Bisceglia holds a BA with a concentration in finance and marketing management from the University of Massachusetts The system includes UMass Amherst, UMass Boston, UMass Dartmouth (affiliated with Cape Cod Community College), UMass Lowell, and the UMass Medical School. It also has an online school called UMassOnline. - Amherst, MA 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 from Suffolk University - Boston, MA. Broadbus' B-1 is capable of scaling up to 80 Gbps of throughput via independent Gigabit Ethernet ports -- the highest density in the industry. The system offers the ability to simultaneously deliver up to 19,200 MPEG-2 streams per server (38,400 per rack), while ingesting hundreds of channels of both "live" and pre-recorded content. Through an innovative, ultra-wide memory architecture and advanced software management system, the B-1 completely eliminates the use of hard drives as streaming engines. Instead, Broadbus' architecture leverages the Moore's Law "The number of transistors and resistors on a chip doubles every 18 months." By Intel co-founder Gordon Moore regarding the pace of semiconductor technology. He made this famous comment in 1965 when there were approximately 60 devices on a chip. attributes of DRAM as an access device and hard drives as a storage device. The result is significantly lower total cost of ownership, greater functionality, and unmatched reliability all within a footprint that is as little as 1/30th that of current VOD servers. About Broadbus Broadbus develops fully scalable, next-generation VOD server systems designed to solve streaming scale, space, power consumption and live ingest in·gest tr.v. in·gest·ed, in·gest·ing, in·gests 1. To take into the body by the mouth for digestion or absorption. See Synonyms at eat. 2. issues for cable system operators deploying advanced video services such as Video-on-Demand (VOD), Subscription VOD, and ultimately, full-scale Television-on-Demand or TOD(R). Broadbus offers an elegant migration path to the emerging TOD environment, while fully exploiting existing upgraded broadband networks. The company's revolutionary server architecture, based on the intelligent configuration and management of massive amounts of random-access-memory, enables operators to offer their subscribers unparalleled convenience, choice and control over their home entertainment. More information may be found at www.broadbus.com. MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=4574515 |
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