C-Port Corporation Names John F. Gavin as Chief Financial Officer.NORTH ANDOVER, Mass.--(BUSINESS WIRE)--April 6, 1999--C-Port(TM) Corporation, the pioneering communications platform company, today announced that John F. Gavin has been appointed as Chief Financial Officer. He joins the company from Compaq(R) Computer/Digital Equipment Corporation(TM), where he was most recently vice president of Finance for North America. Previously, he was vice president of Finance for Digital's Semiconductor Business. "We are very pleased to have John join the C-Port team," said Larry Walker, 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 C-Port. "John's extensive experience in all areas of the semiconductor business, from 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 relationships to manufacturing, will be very valuable as C-Port continues to execute on our plan to radically improve the way the networking industry designs, develops, and deploys products." Mr. Gavin brings over 15 years of experience in high-tech finance to his new role. In addition to his most recent position at Compaq/Digital, he was senior finance staff member for North America on the Compaq/Digital integration team. He also held several senior finance positions at Digital, where he played a key role in the growth and development of Digital's Semiconductor Business Unit; co-developed and managed the construction of Digital's premier state-of-the-art wafer fabrication facility; and played a role in many strategic transactions, including the sale of Digital's semiconductor manufacturing unit to Intel(R) Corporation. 6 "C-Port is at the leading edge of the emerging communications IC market," said Mr. Gavin. "As CFO See Chief Financial Officer. , I look forward to putting into place the business practices and processes that will support C-Port's sustained growth." C-Port Corporation is a privately held startup company focused on radically improving the networking industry's ability to develop, deploy, and provision communications services. Combining expertise in full-custom microprocessors, networking, and software development tools, C-Port's unique team offers the industry's first communications platform, called C-Ware(TM). The company brings together seasoned veterans from leading companies such as 3Com (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 :COMS COMS 3Com Corporation (stock symbol) COMS Certified Orientation and Mobility Specialist COMS Continuous Opacity Monitoring Systems COMS City of Manchester Stadium (UK) ), AMD (Advanced Micro Devices, Inc., Sunnyvale, CA, www.amd.com) A major manufacturer of semiconductor devices including x86-compatible CPUs, embedded processors, flash memories, programmable logic devices and networking chips. (TM) (NYSE NYSE See: New York Stock Exchange :AMD), Cyrix(R)/National Semiconductor Corporation(R) (NYSE:NSM (Network and System Management) Running and controlling the networks and computer systems in an enterprise. See network management. ), Digital Equipment Corporation/Compaq (NYSE:CPQ), Hewlett-Packard (NYSE:HWP) , and Nortel Networks (NYSE:NT). For more information on C-Port, visit our web site at www.cportcorp.com. Customers can contact C-Port sales at 978-773-2368, or send e-mail to sales@cportcorp.com. Note to Editors: C-Port, the C-Port logo, and C-Ware are trademarks of C-Port Corporation. Other trademarks are the property of their respective owners. |
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