CEO of Ascend Communications Joins Chromatis Networks as Board Member.BETHESDA, Md.--(BUSINESS WIRE)--June 4, 1999-- Telecommunications Veteran Mory Ejabat Joins Provider of Next-Generation Transport Solutions for the Metro Network Environment Chromatis Networks, Inc., today announced that Mory Ejabat, 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 Ascend Communications (Nasdaq:ASND ASND A Streetcar Named Desire (play) ), has joined Chromatis as a member of the board of directors. In this role, Ejabat will help direct Chromatis' product and marketing strategy, and he will assist Chromatis in developing key partnerships with service-provider customers and networking and communications vendors. Since 1995, Ejabat has been president and chief executive officer of Ascend Communications, Inc., the leader in wide area network (WAN) solutions for providers and users of the next-generation public network. He is responsible for all executive decisions, and provides strategic leadership and vision to the company. Ejabat joined Ascend as a member of the original management team and grew the company from a niche player in the ISDN ISDN in full Integrated Services Digital Network Digital telecommunications network that operates over standard copper telephone wires or other media. and videoconferencing markets to a $23 billion powerhouse. Today, Ascend is the number one provider of WAN technology to the Internet. "As the person who steered Ascend to its present dominant market position, Mr. Ejabat strengthens our board immeasurably," said Rafi Gidron, chairman and president of Chromatis Networks. "His experience will help us meet the needs of carriers that are building metro network systems to optimize network access, provide more services, and lower costs." "Chromatis' concept of the Integrated Optical Multiplexer is the most practical and cost-effective implementation of wave division multiplexing (spelling) wave division multiplexing - A common misnomer for wavelength division multiplexing. (WDM (1) (Wavelength Division Multiplexing) A technology that uses multiple lasers and transmits several wavelengths of light (lambdas) simultaneously over a single optical fiber. ) available today," said Ejabat. "Carriers need only purchase one product to gain the benefits of three architectural functions: optical transmission, ATM/IP/TDM multiplexing, and service interfaces. Customers always prefer solutions that give them the greatest flexibility and choice for the best price; based on these criteria, I think Chromatis is well positioned to be a winner." Chromatis Networks is the developer of the industry's first Integrated Optical Multiplexer, a new product category that provides efficient and scalable transport for new and existing carrier services. The Chromatis solution significantly reduces the cost of the metro network and the complexity of managing and provisioning services by reducing the number of network layers and elements. Chromatis products employ a complete network management system and Selective WDM(TM) (SWDM SWDM Single Mode Wavelength Division SWDM Standard Wavelength Division Multiplexer SWDM Selective Wave Division Multiplex (Chromatis Networks) SWDM Schuell-Wepman-Darley Multimodal Stimulation Treatment (TM)), a patented technology able to deliver increased 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. capacity while ensuring that its cost is incurred only at sites that require it. Prior to joining Ascend, Ejabat was vice president of wide area communications products at Micom Systems, Inc. Ejabat received his B.S. in industrial engineering and his M.S. in systems engineering from California State University Enrollment  at Northridge. He received his MBA MBAabbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from California's Pepperdine University Pepperdine University is a private institution of higher learning affiliated with the Church of Christ in unincorporated Los Angeles County, California, United States. The university's location overlooks the Pacific Ocean and is adjacent to the city limits of Malibu. . About Chromatis Chromatis Networks is an emerging provider of carrier solutions that integrate optical and data networking technologies to provide a new class of transport equipment for optimized access networks. Chromatis is led by a seasoned team of executives with a wide range of experience in transmission systems and data networking from companies including Ciena, 3Com, US Robotics, Nortel, Scorpio Communications, Cascade, and ECI Telecom. Founded in 1997, Chromatis is headquartered in Bethesda, Maryland, and maintains its research and development facility in Tel Aviv, Israel. For more information, visit the Chromatis Networks website at http://www.chromatis.com. |
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