Corporate Profile for Metro-Optix, dated July 6, 2001.Business Editors --(BUSINESS WIRE) The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: July 6, 2001
Company Name: Metro-Optix
Address: 505 Millennium Drive
Allen, TX 75013
Main Telephone
Number: 214/547-3500
Internet Home
Page Address
(URL) www.metro-optix.com
Chief Executive
Officer: Arun Bellary
Chief Financial
Officer: Uday Bellary
Investor Relations
Contact: Cathy Planchon
Business number: 408/562-5769
Public Relations
Contact: Michael Newsom
Business number: 508/541-9036
E-mail address: michael.newsom@metro-optix.com
Industry: Telecom
Company description: The Company In View Metro-Optix is a privately held, optical networking Communications between computers, telephones and other electronic devices using light. An optical network is far more reliable and has far greater potential transmission capacity than networking in the electrical domain. See optical fiber. equipment provider that is pioneering a new generation of Internet infrastructure for metropolitan networks. The company is developing solutions that enable carriers to effectively transition from traditional circuit-based services to high-performance cell and packet-based services. Pioneering a New Generation Metro-Optix enables a single, integrated optical network of multi-layer bandwidth managers that supports a flexible mix of legacy TDM-based services, packet services and cell services. This new network architecture supports any proportion of TDM (Time Division Multiplexing) A technology that transmits multiple signals simultaneously over a single transmission path. Each lower-speed signal is time sliced into one high-speed transmission. , ATM, or IP-based services. Service providers flexibly provision all services to run over a single transport infrastructure and change the service mix at any time. Bandwidth efficiency The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. is gained and switching and routing resources are better utilized to reduce costs for the service provider and end user. The CityStream system is a protocol-agile multi-layer bandwidth manager that supports TDM, ATM, and IP-based services in a single element. Cell and packets are statistically multiplexed with scalable switching and routing. It future-proofs service providers' optical networks by providing a seamless migration path from legacy services to packet and cell-based data services. It also provides multi-protocol inter-working for 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. , and it satisfies the requirements of global carriers with its support of all applicable ANSI (American National Standards Institute, New York, www.ansi.org) A membership organization founded in 1918 that coordinates the development of U.S. voluntary national standards in both the private and public sectors. It is the U.S. member body to ISO and IEC. and ETSI (European Telecommunications Standards Institute, Sophia Antipolis technical park, Nice, France, www.etsi.org) A non-profit membership organization founded in 1988, dedicated to standardizing information and communication technologies (ICT) throughout Europe. standards. CityStream provides these features in a carrier-class NEBS level 3 compliant platform. Enabling Carriers at the Optical Edge Metro-Optix targets network service providers such as CLECs, ILECs, IXCs, and ISPs seeking to offer advanced communication services and applications for their wholesale and business customers. These integrated communication providers typically have access to the fiber infrastructure and are building out their facilities to accommodate bandwidth increases required for their evolving products and services. For these network service providers, Metro-Optix delivers an intelligent, data-optimized solution that enables flexible and cost-effective provisioning of classes of service. By combining network intelligence with a powerful core switching fabric, Metro-Optix supplies a scalable optical networking platform that eliminates the need for multiple boxes, provides efficient bandwidth utilization, supports legacy voice traffic, and enables deployment of data-optimized services. Metro-Optix solutions provide simplification of the network infrastructure and increased service flexibility, while enabling carriers and service providers to deliver value-added differentiated services Offerings that can be classified by type, or quality, of service. For example, a differentiated services network could prioritize real time traffic for a higher fee. and applications to their customers. Funding Since its spin-off from Ericsson in December of 1999, Metro-Optix has raised a total of $83 million of equity funding Equity funding An investment consisting of a life insurance policy and a mutual fund. The insurance policy is paid by the collateral value of fund shares, giving the investor the advantages of insurance protection with the growth potential of a mutual fund. . In February 2000, Metro-Optix closed its initial round of funding with $20 million from firms such as Chase Capital Partners, InterWest Partners, Sevin Rosen and Centerpoint. The second round of funding resulted in $63 million from Seligman, BlueStream Ventures and Chase Capital Partners. In addition to equity funding, the company has secured $8 million of equipment financing from Silicon Valley Bank and Western Technology Investments. Experienced Management Metro-Optix possesses a management team and staff that come from many of the leading equipment manufacturers in the world. The company is led by Arun Bellary, Chairman 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. . During the past 18 years, Bellary has been a pioneer within the telecommunications industry. His technical expertise spans across transport, metro and access network infrastructures. Prior to founding Metro-Optix, Bellary served as Vice President and General Manager of Ericsson's broadband access See broadband and wireless broadband. products business. The senior management team includes: Arun Bellary, Chairman and CEO; Uday Bellary, Senior Vice President, Finance and Administration, and Chief Financial Officer; Kris Shankar, Chief Technology Officer; Peter Grau, Senior Vice President, Sales and Marketing; Daniel Dallenbach, Vice President, European Sales and Marketing; John Shields
Private John Shields (1769–1809), born in Harrisonburg, Virginia was at 34, the second oldest member of the Lewis and Clark Expedition. , Vice President, Engineering; Rony Holter, Vice President, Operations; and David Hamblin, Chief Scientist. Employment and Facilities Metro-Optix has offices and development facilities in 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. and Allen, Texas Allen is a city in Collin County and a northern suburb of Dallas, Texas (USA). As of the 2000 census, the city had a total population of 43,554. As of April 2007, the city's population is estimated at 77,465. and turn-key design centers in Bangalore and Madras Madras. 1 State and former province, India: see Tamil Nadu. 2 City, India: see Chennai. , India. Metro-Optix currently employs approximately 300 employees and will be continuing to add personnel as the company continues to grow in 2001. |
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