Clarent Appoints Barry Forman as President, Creates Office of the President; Company Adds Additional Members to the Board of Directors.Business Editors/High-Tech Writers REDWOOD CITY Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , Calif.--(BUSINESS WIRE)--April 19, 2001 Clarent(R) Corporation (Nasdaq:CLRN CLRN California Learning Resource Network CLRN Community Legal Resources Network CLRN Chemical Laboratory Response Network ), a leading provider of Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. (IP) communications solutions, today announced that Barry Forman has been appointed President, effective immediately. Forman, who also acts as Executive Chairman, together with Chief Executive Officer Jerry Chang, will create the Office of the President, sharing the company's critical strategic and operational decision-making responsibilities. Clarent also announced the appointments of William Barker William Barker could be:
Bill Barker is the founder 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 Springwell Capital Partners, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a merchant banking firm building a portfolio of clients and investments in companies engaged in the content delivery and telecommunications sectors. Prior to Springwell Capital, Barker was a founding partner of Callahan and Associates International and provided the business development leadership for the company's cable telephony See cable telephone. business unit. Prior to these ventures, Barker was president of GE Capital Communications Services, a telecommunications development and strategic investment company for GE Capital. Arthur Rubinfeld, currently an Advisory Board member to the Board of Directors for Starbucks Corporation, has more than fifteen years of strategic counseling, branding, and marketing experience. His focus at Starbucks was to lead retail store development, develop strategic partnerships with other companies to leverage brand awareness and facilitate unit growth. He has enjoyed a distinguished career with Starbucks, serving as Executive Vice President and Senior Vice President from 1992 to 1999, and was primarily responsible for building the company's infrastructure and brand by planning and executing the company's retail presence. Prior to Starbucks, Rubinfeld was a managing partner at Epsteen and Associates, one of California's largest tenant representation real estate companies. "Both Bill and Arthur will play pivotal roles in advising Clarent on its strategic business and technology initiatives in the IP communications A general term for networks that use the IP protocol for voice (VoIP) and video traffic. See IP telephony. market," said Barry Forman, Clarent's Executive Chairman and President. "Bill provides an excellent business background in cable telephony, and Arthur brings tremendous branding and marketing expertise honed through his senior level positions at Starbucks. We are very pleased to have them both on our board." Clarent also announced today the departure of Wen Chang Ko, who retired from the board to focus on his increasing responsibilities in the venture capital arena. Clarent CEO Jerry Chang commented, "I would like to thank Wen for his dedication, contribution, and insight in helping guide Clarent to become one of the leaders in our market." About Clarent Clarent Corporation (Nasdaq:CLRN) is a world leader in providing intelligent, software-driven products for new generation, IP-based communications networks. Clarent solutions enable interconnection among communications service providers' disparate networks and foster the creation of global footprints for more than 300 telecom service providers worldwide, including AT&T, NTT NTT Nippon Telegraph and Telephone Corporation NTT New Technology Telescope NTT National Technology Transfer, Inc NTT Name That Tune (TV game show) NTT National Tree Trust NTT Number Theoretic Transform and China Telecom. Clarent's software platform and softswitch encourage innovation by allowing carriers to develop multiple new features for consumers and enterprises. Founded in 1996, Clarent is headquartered in Redwood City, Calif. and has offices in Asia, Europe, Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . To learn more about Clarent, visit its Web site at www.clarent.com. Forward Looking Statements This release may contain forward-looking statements that involve risks and uncertainties, including statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc Clarent's future growth and strategic goals. These statements involve risks and uncertainties, including potential issues relating to changes in market conditions, interoperability, inability to introduce new products, ability to retain customers, government regulations, the international communications industry, technological changes and other factors, which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements. These risks and uncertainties are described further in the risk factors discussed in Clarent's periodic filings with the SEC. Trademarks Clarent, the Clarent logo, Clarent OpenAccess, NetPerformer, DynaStar, Clarent Command Center, Clarent ThroughPacket, Clarent CPG CPG central pattern generators. , Clarent OpenAccess, PowerCell, SkyPerformer, ACTview and ServiceXchange are trademarks or registered trademarks, and "The Clearer. The Better" is a service mark of Clarent Corporation in the United States and other jurisdictions. All other trademarks, registered trademarks and service marks are the property of their respective owners. |
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