Colubris Appoints New CEO and Expands Management Team.Business Editors & High Tech Writers LAVAL, Quebec--(BUSINESS WIRE)--May 2, 2002 Colubris: Award-Winning Wireless LAN A local area network that transmits over the air typically in the 2.4 GHz or 5 GHz unlicensed frequency band. It does not require line of sight between sender and receiver. Wireless base stations (access points) are wired to an Ethernet network and transmit a radio frequency over an area Solution Leaders Add Seasoned Executives To Compliment Their Breakthrough Secure Enterprise Technology Colubris-the leading developer of highly-secure Wireless LAN solutions for enterprises-announced today the appointment of a new 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 the addition of several senior-level executives to its management team. With the infusion of this complementary set of leadership skills, honed in decades of bringing leading enterprise networking The networking infrastructure in a large enterprise with multiple computer systems and networks of different types is extraordinarily complex. Due to the myriad of interfaces that are required, much of what goes on has little to do with the real data processing of the payroll and orders. products and solutions to satisfied IT and business unit customers, Colubris is positioned to further extend its market and technology leadership in the rapidly growing Wireless LAN space. Joining Colubris' existing team is Barry Fougere, President and Chief Executive Officer; Bill Seifert, Chairman; Mitchell Liss, Chief Financial Officer; Jim Ciociolo, Vice President of Channel Sales and Business Development and Peter Beardmore, Senior Director of Marketing. Pierre Trudeau-Founder and former President-will continue to guide the R&D vision and development execution as the company's Chief Technology Officer. "Our executive team now represents an incredible blend of seasoned entrepreneurial, management and advanced technology skills, building upon the solid foundation of networking and software development veterans that the company already possesses," said President and CEO, Barry Fougere. "Our team, our product capabilities and our customer passion will be a substantial ally to our enterprise customers in their quest to securely, simply and cost-effectively realize the benefits of enterprise wireless productivity gains." Barry Fougere - President and Chief Executive Officer Barry Fougere has over 16 years of experience in creating and driving leading market and product strategies for companies in the technology sector, with a specific focus on networking and communications. As a Vice President and veteran of the leadership teams at Electronic Data Systems (EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. )/A.T.Kearney and Cambridge Strategic Management Group, Fougere has provided extensive executive counsel and direction on the alignment of customer needs to market strategy, product development and delivery, and business model economics. As a builder of high-growth organizations, he has consistently driven an intense "customer first" mentality that has remained paramount throughout the various stages of growth in the companies he has led and advised. Bill Seifert - Chairman Bill Seifert is an accomplished entrepreneur with more than 23 years of experience in the data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. industry. As a General Partner at Prism Venture Partners for the last 2 years, Seifert has actively leveraged this track record of success in assisting early-stage companies to migrate from industry-defining innovation to commercial market primacy. Prior to joining Prism, Seifert was founder and CEO of Agile Networks, a creator of leading-edge ATM-based LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. products that was later acquired by Lucent Technologies, as well as co-founder and CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. of Wellfleet Communications Wellfleet Communications was an Internet router company based in Billerica, Massachusetts. In an attempt to more effectively compete with Cisco Systems, it's chief rival, it merged in October, 1994 with SynOptics Communications of Santa Clara, Calif to form Bay Networks in a deal , a company that pioneered enterprise networking technologies. Mitchell Liss - Chief Financial Officer Mitch Liss is a seasoned finance and business development executive with 11 years of diverse experience guiding the administrative functions of rapidly growing technology companies. In addition to his work with Colubris, Liss is a Managing Director of Edsal Ventures, a family-owned private leveraged buyout leveraged buyout, the takeover of a company, financed by borrowed funds. Often, the target company's assets are used as security for the loans acquired to finance the purchase. (LBO LBO See: Leveraged buyout LBO See leveraged buyout (LBO). ) and equity fund focused on mid-sized, industrial companies. Most recently, Liss co-founded and served as Executive Vice President and CFO See Chief Financial Officer. at Currenex, Inc., a leader in online global currency exchange. He previously served as Vice President at General Instrument (now Motorola) where he played a central role in the financial and strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. activities of the company Jim Ciociolo - Vice President of Channel Sales and Business Development Jim Ciociolo brings to Colubris over 20 years of intense customer focus and business experience from earlier executive positions in direct sales, channel management, marketing and business development. He is deeply committed to helping customers solve their business problems and is renowned for working with channel and other business partners to create effective customer solutions. Most recently, Ciociolo was Senior Director of Business Development, reporting to the CEO of NaviSite, a CMGI CMGI Commonly Maintained Grounds Infrastructures CMGI College Marketing Group Information (Services) company. Earlier in his career, Ciociolo was the Vice President of Worldwide Sales for NetCentric and served as the Director of Service Provider Sales for Wellfleet/Bay Networks. Peter Beardmore - Senior Director of Marketing Peter Beardmore is an industry expert in the areas of Wireless LANs and security, and has served as elected President of the Wireless LAN Association. Most recently, Beardmore held management positions in security and wireless for Enterasys, and brings to Colubris over 8 years of extensive experience in the communications field. At Enterasys, Beardmore served as the General Manager for the Wireless Products group, with a specific emphasis on wireless LAN. In this position, he was also a member of the corporate Global Technology and Global Marketing councils. About Colubris Top to bottom and end to end, Colubris provides the world's most secure Wireless LAN solutions for enterprise networks and public space deployments. Its award-winning Wi-Fi certified See Wi-Fi Alliance. product family integrates Virtual Private Networking, Enhanced Security and Firewall technologies in a one-box solution that is easy and cost-effective to deploy and manage. Colubris is a member of the Wireless Ethernet Compatibility Alliance (WECA See Wi-Fi Alliance. ) and is the first wireless LAN vendor to be awarded RSA (1) (Rural Service Area) See MSA. (2) (Rivest-Shamir-Adleman) A highly secure cryptography method by RSA Security, Inc., Bedford, MA (www.rsa.com), a division of EMC Corporation since 2006. It uses a two-part key. Keon-Ready certification. Colubris embeds strong security tools in an open, industry-standard implementation that is fully integratable into any existing network structure. Colubris markets its products worldwide. For more information, contact Colubris at 420 Armand-Frappier (suite 200), Laval, Quebec. H7V 4B4. Tel.: (toll free) 866/241-8324 or 450/680-1661, fax: 450/680-1910, email: info@colubris.com, or visit the company website at www.colubris.com. All trademarks and registered trademarks are the property of their respective owners. |
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