CoSine Communications Appoints High-Tech Veteran as Chief Operating Officer.Business Editors and 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)--Jan. 25, 2000 Steve Goggiano brings 21 years of Product Development, Marketing and Worldwide Manufacturing Operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. Experience to CoSine Management Team CoSine Communications, the leading provider of next generation IP service delivery platforms, announced today that Steve Goggiano has joined the executive management team as 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. . Goggiano brings to CoSine over 21 years of worldwide operations expertise in managing thousands of employees and over a billion dollars of annual revenue for large-scale computing systems. CoSine will leverage Goggiano's experience to grow the organization in support of its carrier-class IP Service Delivery Platform and to take the company public. The CoSine IP Service Delivery Platform marries scalable computing hardware with an open software architecture to enable Service Providers to support a wide range of services that meet the varied application needs of their subscribers. Goggiano's experience with developing and delivering complex systems will enable CoSine to scale production of the IP Service Delivery Platform for widespread delivery in 2000. &uot;Steve has extensive experience managing worldwide operations for some very large and successful companies,&uot; said Dean Hamilton Dean Hamilton (born 13 February 1961 in Windsor, Ontario) is a Canadian actor and director. External links , 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. and president of CoSine. &uot;He has proven his ability to oversee a product's development while ensuring that the crucial time-to-market window is always in sight. &uot;He understands the importance of CoSine's results-oriented management style and will help us manage the demands of our expanding customer base in 2000.&uot; &uot;CoSine has all of the key ingredients for incredible success,&uot; said Goggiano. &uot;It has an iron-clad business plan, an excellent management team, impressive financial support and world-class partnerships. &uot;What impresses me most, however, is CoSine's ability to quickly build and deploy a robust, carrier-class product that has attracted leading Service Provider customers worldwide.&uot; Prior to joining CoSine, Goggiano served as senior vice president and general manager of SGI's Server and Supercomputer division where he managed product development, marketing and worldwide manufacturing operations. In his 11-year tenure at SGI (SGI, Sunnyvale, CA, www.sgi.com) A manufacturer of workstations and servers, founded in 1982 by Jim Clark. The company was founded as Silicon Graphics, Inc., but changed to its acronym in 1999. , Goggiano was part of the senior executive management team responsible for growing the company's revenue from a $100 million to $4 billion a year worldwide. About CoSine Communications Founded in 1997 and based in Redwood City, Calif., CoSine Communications is the leading developer of managed IP service delivery platforms for Business IP Service Providers who risk losing profitability with today's limited technology and resources. The CoSine solution enables Next Gen Telcos, Competitive IXCs, International Service Providers and PTTs to quickly and reliably turn up value-added services to their wholesale and retail subscribers. CoSine's founders, executive management and engineering teams include industry veterans who have helped to shape the infrastructure and services of today's Internet at such leading companies as Ascend Communications, Silicon Graphics, Nortel Networks (Nortel Networks Limited, Brampton, Ontario, www.nortelnetworks.com) A world leader in telecommunications products, which includes switching, wireless and broadband systems for service providers and carriers, telephones and systems for residential and business users, computer telephony and NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. . CoSine's engineering team is experienced in telecommunications, network and service management, software development and design, routing, high-performance parallel processing parallel processing, the concurrent or simultaneous execution of two or more parts of a single computer program, at speeds far exceeding those of a conventional computer. , load balancing and carrier-class switching. CoSine is privately owned and financed through strategic investors and venture capital. To date, the company has raised $94 million from the following investors: Kleiner Perkins Caufield &Byers, Norwest Venture Partners, Communications Ventures, Crescendo Ventures, Worldview world·view n. In both senses also called Weltanschauung. 1. The overall perspective from which one sees and interprets the world. 2. A collection of beliefs about life and the universe held by an individual or a group. Technology Partners, Lucent Venture Partners, BCE BCE abbr. 1. Bachelor of Chemical Engineering 2. Bachelor of Civil Engineering BCE Abbreviation for before the Common Era. Capital Inc., Anschutz Investments and Wilson Investors, Technology Crossover Ventures, Charter Growth Capital, Capital Research Company, Tudor Investment Corporation, Amerindo Investment Advisors, Telesoft Partners, Goldman Sachs, Hambrecht &Quist, AT& Ventures, Rader Reinfrank &Co. and Singapore Telcom. For more information about CoSine Communications, visit the company's Web site at www.cosinecom.com or contact Suzanne Panoplos at 877COSINE. |
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