Brocade Names New President and Chief Executive Officer; Greg Reyes To Lead Company Through Its Next Phase of Rapid Growth.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.--(BUSINESS WIRE)--July 13, 1998--Brocade Communications Systems Inc., the industry's leading supplier of Fibre Channel switch In a computer storage field, a Fibre Channel switch is a network switch compatible with Fibre Channel (FC) protocol. It allows the creation of a Fibre Channel fabric, that is currently the core component of most storage area networks. Fabrics, Monday appointed Greg Reyes president and chief executive officer. Reyes brings to Brocade a strong background and expertise in rapidly growing business and revenues in emerging growth companies and markets. He replaces Bruce Bergman, who will remain an active member of Brocade's board of directors. "Brocade has quickly become the clear leader in Fibre Channel switching and in providing the backbone of the Server-Storage Area Network (SAN)," said Bergman. "As the market leader, we have grown swiftly, and are expecting even more rapid growth going forward. Consequently, it is key that we build an executive team to manage this growth for the long term, and we are fortunate to have Greg at Brocade's helm. With his experience in systems and networking, hardware and software, as well as in OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and and channel sales, Greg is very well suited to lead Brocade to the next level." Reyes joins Brocade from Wireless Access Corp., where as president, 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. and chairman, he led the company from a virtual start-up phase through its subsequent rapid growth and recent acquisition by Glenayre Technologies. Prior to Wireless Access, he managed a five-fold growth in less than three years as divisional vice president and general manager at Norand Data Systems. Additionally at Norand he developed a strong indirect channel strategy, which under his direction grew from 10 percent to over 50 percent of the company's total revenue. Previously, Reyes held executive and sales positions at Banyan banyan (băn`yən), species of fig (Ficus bengalensis) of the family Moraceae (mulberry family), native to India, where it is venerated. Its seeds usually germinate in the branches of some tree where they have been dropped by birds. Systems and Convergent Technologies (company) Convergent Technologies - A company formed by a small group of people who left Intel Corporation in 1979. Convergent Technologies' first product was the IWS (Integrated Workstation) based on the Intel 8086, which ran Convergent Technologies Operating System - their first . "I am thrilled with the opportunity to lead the Brocade team," said Reyes. "The Fibre Channel-based SAN market potential is huge, and with an excellent team as well as great products and technology, Brocade is well-positioned to continue to be the primary driver in this market." Bergman, after helping ensure a seamless succession, plans to stay active in the industry as a consultant and investor in addition to his Brocade Board activities. Reyes also now joins Brocade's board of directors. About Brocade Communications Systems Brocade, Inc. NASDAQ: BRCD, based in Silicon Valley, designs, manufactures, and sells storage networking solutions and management applications for storage area networks (SANs) and file area networks (FANs). Inc. Brocade, the industry's leading supplier of Fibre Channel switch Fabrics, provides the intelligent backbone infrastructure for the implementation of Server-Storage Area Networks (SANs). The company's Fabric enables end-users to optimize connections between data storage and enterprise servers, and to design high-performance, scalable data center backbones. Brocade manufactures and markets its SilkWorm silkworm, name for the larva of various species of moths, indigenous to Asia and Africa but now domesticated and raised for silk production throughout most of the temperate zone. The culture of silkworms is called sericulture. (TM) family of Fibre Channel switches Major manufacturers of Fibre Channel switches are: Brocade, Cisco, McData and Qlogic.
SilkWorm is a trademark of Brocade Communications Systems Inc.
CONTACT: Brocade Communications Systems Inc., San Jose
Sari Gallagher, 949/595-8792
E-mail: sgallagher@brocade.com
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