Bruce W. Brown to lead Telegenics as president and CEO.EL SEGUNDO El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and , Calif.--(BUSINESS WIRE)--August 8, 1995--Telegenics, a leading supplier of telecommunication management network (TMN (Telecommunications Management Network) A set of international standards for network management from the ITU. It is used by large carriers such as Sprint, Verizon and AT&T. ) products, Tuesday announced that Bruce W. Brown has taken on the role of 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. at the company. Brown fills a position created last March when Retix established Telegenics as an independent subsidiary. Telegenics provides network management solutions to virtually every major carrier and equipment manufacturer in the telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. industry. Brown, most recently president of Fibermux Corp., joins the company with extensive experience as president and executive vice president of $50 million to $400 million international telecommunications networking A telecommunications network is a of telecommunications links and nodes arranged so that messages may be passed from one part of the network to another over multiple links and through various nodes. corporations. Commenting on the appointment of Brown as president and CEO of Telegenics, Steve Frankel, Retix's chairman of the board, indicated: "We are pleased to be able to announce an individual with the proven leadership strength and industry expertise of Bruce as an addition to the Telegenics team. The selection of Brown as CEO should enhance Telegenics' opportunities for success in the TMN marketplace and support our goal to increase shareholder value." "Bruce Brown brings to the table a comprehensive knowledge of the telecommunications marketplace and a great deal of experience," said Bobby Martyna, vice president of Telegenics. "We believe that Bruce is a good match. His acceptance of a key role further strengthens Telegenics' ability to succeed in the telecom market." "I look forward to leading Telegenesis in the rapidly growing telecommunications industry," said Brown. "As the market leader in communications stacks See protocol stack. , Telegenesis is positioned to be the superior provider of new software tools and applications designed to reduce the complexity of managing telecommunications networks. We intend to stay at the forefront of the industry by addressing the emerging electronic bonding market and continuing to deliver products that simplify the increasingly complex telecommunications environment." Telegenics provides standards-based, object-oriented TMN products that are already being used by some of the world's largest telecom carriers. The company's charter is to provide advanced telecommunications management solutions including communications infrastructure products, network management platforms, and applications software for telecommunications carrier networks worldwide. In addition, Telegenics serves the customer base of telecom equipment manufacturers, computer system OEMs, and systems integrators and Internet access providers See ISP. (networking, company) Internet Access Provider - (IAP) A company or other origanisation which provides access to the Internet to businesses and/or consumers. . Telegenics, a Retix (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :RETX) company, is a leading worldwide supplier of products, services and enabling technologies for the management of telecommunications networks. Telegenics has the largest installed base of deployed telecommunications management network The Telecommunications Management Network is a protocol model defined by ITU-T for managing open systems in a communications network. It is part of the ITU-T Recommendation series M.3000 and is based on the OSI management specifications in ITU-T Recommendation series X.700. (TMN) products in the world. The company, based in El Segundo has research and development facilities in Dublin, Ireland, and sales offices throughout the world. -0- Note: Retix is a registered trademark of Retix. CONTACT: Telegenics, El Segundo Vicki Blaszkiewicz, 310/606-0800 |
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