CopperCom Names Denis Pomroy Chief Financial Officer; Industry Veteran Brings Impressive Financial Management and IPO Experience to Leading Voice over DSL Company.Business Editors, High-Tech Writers SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif.--(BUSINESS WIRE)--May 16, 2000 CopperCom(TM), a Silicon Valley company that is Giving Voice to 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 (TM), today announced the appointment of Denis Denis, king of Portugal: see Diniz. Pomroy as chief financial officer (CFO See Chief Financial Officer. ). Pomroy, who has extensive experience in finance, venture capital and IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. management, has responsibility for finance, corporate facilities and information systems worldwide. He reports to Cynthia Ringo, CopperCom 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. . "We are extremely fortunate to have Denis on board at this stage of CopperCom's growth," said Ringo. "His impressive background in venture capital management, and his previous IPO experience are a perfect fit for us. We expect Denis to play a pivotal role in positioning the company for the tremendous opportunities that lie ahead." Pomroy has more than 27 years of experience in financial and venture capital management. Prior to joining CopperCom in December of 1999, he served as president of Volendam Capital, a venture capital firm that invested mainly in the communications sector in the U.S. and Europe. Previously, Pomroy was chief financial officer of Madge Networks Madge Networks NV. founded by Robert Madge and best known for its work with Token Ring, was a global leader and pioneer of high speed networking solutions in the mid 1990s, and also made significant contributions to technologies such as Asynchronous Transfer Mode (ATM) and Ethernet. , a computer networking company. He managed the financial organization through the growth of that company from $1 million to $450 million in annual revenues, a period which included its initial public offering on the Nasdaq and two acquisitions valued at $450 million in pooling transactions. Prior to joining Madge, Pomroy held various international financial management positions at Nestle, the world's largest food company. Pomroy currently serves on the boards of three public companies in the U.K., Holland and the U.S. He holds a bachelor's degree in engineering from the University of Birmingham Due to Birmingham's role as a centre of light engineering, the university traditionally had a special focus on science, engineering and commerce, as well as coal mining. It now teaches a full range of academic subjects and has five-star rating for teaching and research in several , U.K., and is a fellow of the Chartered Institute of Management Accountants The Chartered Institute of Management Accountants (CIMA) is a UK based professional body offering training and qualification in management accountancy and related subjects, focused on accounting for business; together with ongoing support for members. of the U.K. "CopperCom boasts a very impressive and influential management team, and is an undisputed leader in the Voice over DSL (VoDSL) space," said Pomroy. "I'm honored to be a part of the executive team that will define CopperCom's future, as it continues to achieve its key corporate milestones." About CopperCom CopperCom is a privately held Silicon Valley company that is Giving Voice to DSL. The company was founded to address a worldwide market that is at the crossroads of voice and data convergence in the access network. CopperCom is changing the business model for Voice over DSL by enabling a low-cost switching infrastructure, differentiated service offerings with increased high-margin revenue, and a smooth migration to end-to-end packet networks. CopperCom's carrier-class Voice over DSL equipment, softswitch technology and next-generation voice switches enable service providers to deliver integrated local telephony services, high-speed Internet access, and innovative personalized calling features at a greatly reduced cost. To accelerate market development, the company has taken a leadership role in both market education and standards efforts for Voice over DSL. CopperCom has built a strong management team with expertise across both the data and voice networking industries, international depth in European, Asian and North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. markets, and management experience in start-ups as well as large multinationals. The company can be contacted via telephone at 408/567-9277, fax at 408/567-9558, and the Internet at www.coppercom.com. CopperCom and Giving Voice to DSL are trademarks of CopperCom Inc. Other trademarks appearing in this document are the property of their respective owners. |
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