Catena Networks Names Krish Prabhu to Its Board of Directors.Business Editors/High-Tech Writers REDWOOD SHORES, Calif.--(BUSINESS WIRE)--May 1, 2002 Prabhu, Former Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Alcatel, Brings Strong Relationships with Catena's Prospect Customers and Experience Selling to LECs Catena ca·te·na n. pl. ca·te·nae or ca·te·nas A closely linked series, especially of excerpted writings or commentaries. [Latin cat Networks today announced that it has named Krish Prabhu to an existing, open seat on its board of directors. Prabhu currently is a venture partner at Morgenthaler Ventures, Catena's largest investor, where he is focused on telecommunications investments. Previously, he was chief operating officer of Alcatel, one of the world's largest telecommunications equipment providers. "We are delighted to have a telecom industry leader such as Krish join our board," said Joe Costello A number of people are know by the name Joe Costello
According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Prahbu, "Catena has unique solutions that enable carriers to profitably deploy DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary to customers served by remote terminals, and it is one of the few young companies that has established solid traction with incumbent local exchange carriers. I look forward to helping Catena take its customer relationships to the next level and penetrate new accounts." Matt Davis Matt Davis (1976 - August 10, 2003) was most notably the lead vocalist and guitarist for the post-hardcore outfit Ten Grand. Davis was an accomplished guitarist, bold vocalist, and was also known to be gentle and personable off-stage. He was especially known for giving bear hugs. , director of Broadband Access Technologies at the Yankee Group, a leading technology research and consulting firm based in Boston, said, "Krish is a great addition to the Catena team who can help guide the company through its next stage of growth. His participation on the board should enhance customer acceptance of Catena's integrated access architecture." In addition to his tenure as chief operating officer of Alcatel, Prabhu served as 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 Alcatel USA, president of Alcatel Broadband Products, and CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. of Alcatel Network Systems. Prior to his 17-year career at Alcatel, he held several management and technical positions at Rockwell International and AT&T Bell Laboratories. Prabhu joins the Catena Networks Board at a time when the company's first products are gaining a solid foothold in the market. Six U.S. carriers, including one major RBOC (Regional Bell Operating Company) The Bell telephone companies that were spun off of AT&T by court order in 1984 (the Divestiture). Also known as the "Baby Bells," the initial seven RBOCs were Nynex, Bell Atlantic, BellSouth, Southwestern Bell, US West, , already are deploying Catena's CNX-5 Broadband DSL System, and two U.S. carriers have begun lab evaluations of Catena's CN1000 Broadband Loop Carrier. These highly integrated broadband access systems will enable service providers to accelerate deployment of broadband DSL services and converge their separate voice and data access networks. The CNX-5 Broadband DSL System is a card-for-card upgrade solution for Lucent SLC-5(R) Digital Loop Carriers. It provides two lines of integrated POTS+DSL and replaces cards that provide two lines of POTS only. The CNX-5 gives carriers a simple, cost-effective and scalable way to broadband-enable their installed base of SLC-5s, without reducing the number of available POTS lines. The CN1000 Broadband Loop Carrier is a packet-based broadband access system designed for the cost-effective delivery of voice, data and video services. It is a high-density system that provides POTS+DSL on every line, enables no-truck-roll remote provisioning and maintenance, and packetizes voice traffic on a line-by-line basis. The CN1000 integrates the functions of a DSLAM (DSL Access Multiplexor) A central office (CO) device for ADSL service that intermixes voice traffic and DSL traffic onto a customer's DSL line. It also separates incoming phone and data signals and directs them onto the appropriate carrier's network. See DSL. , Digital Loop Carrier and Media Gateway. About Catena Networks Catena Networks, Inc. builds innovative broadband access solutions that are designed to enable facilities-based telecommunications carriers to achieve mass-market deployment of plain old telephone service (POTS), and broadband digital subscriber line See DSL. (communications, protocol) Digital Subscriber Line - (DSL, or Digital Subscriber Loop, xDSL - see below) A family of digital telecommunications protocols designed to allow high speed data communication over the existing copper telephone lines between end-users and service (DSL), on a single access line, and to facilitate access network convergence. Headquartered in Redwood Shores, Calif., the company operates world-class research and development facilities in Ottawa, Ontario, Canada and has more than 300 employees across North America. Founded in 1998, Catena is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. that has secured U.S. $192 million in venture financing. For more information, please access www.catena.com. About Morgenthaler Ventures Morgenthaler Ventures is a leading venture capital and buyout firm, with a 34-year history of working with outstanding entrepreneurs to build world-class companies. The firm's early-stage venture capital practice is based in Menlo Park, Calif., with satellite offices in Boulder, Boston, Dallas, and Princeton. Morgenthaler focuses on communications, software, and health-care investments. It has funded more than 180 companies since its inception, including two of the last decade's highest-performing IPOs: Microchip Technology (1993) and Premisys Communications (1995). The firm currently has a total of $2 billion under management. Morgenthaler can be found at www.morgenthaler.com. This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These and all forward-looking statements are only predictions or statements of current plans that are constantly under review by the company. Such statements are qualified by important factors that may cause actual results to differ from those contemplated, including changes in industry conditions, rapid changes in technology, and actions of our competitors. The company has no obligation to update or revise these forward-looking statements to reflect the occurrence of future events or circumstances. Catena, Catena Networks, and the Catena Networks logo are trademarks of Catena Networks, Inc. All other trademarks or service marks mentioned in this document are the property of their respective owners. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion