Corrigent Appoints VP for North American Sales; Experienced Telecom Executive to Lead Corrigent's Sales to US Carriers.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif. -- Corrigent Systems, a leading provider of Packet ADM See add/drop multiplexer. (language) ADM - A picture query language, extension of Sequel2. ["An Image-Oriented Database System", Y. Takao et al, in Database Techniques for Pictorial Applications, A. Blaser ed, pp. 527-538]. (Add Drop Multiplexer) for next-generation transport networks, today announced the appointment of Warren Roddy as VP of North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Sales. Mr. Roddy is a veteran telecommunications executive with more than 15 years experience in service provider sales. Corrigent's market is expanding with the increasing demand for packet aware transport platforms required by carriers that build large IP networks. Following its success in Japan, Corrigent is expanding its sales force to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. significant opportunities with service providers in 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. . Mr. Roddy has built and managed sales teams for Venturi venturi a tube with a decrease in the inside diameter that is used to increase the flow velocity of the fluid and thereby cause a pressure drop; used to measure the flow velocity (a venturimeter) or to draw another fluid into the stream. Wireless, Cisco, Pluris and PairGain among others. At Corrigent, he will be responsible for managing US sales and developing Corrigent's ongoing US sales opportunities. His experience with both ILEC (Incumbent Local Exchange Carrier) A traditional local telephone company such as one of the Regional Bell companies (RBOCs). Contrast with CLEC. See ELEC and TELRIC. and CLEC (Competitive Local Exchange Carrier) An organization offering local telephone service that is not one of the traditional telephone companies. The Telecommunications Act of 1996 allowed competition to the incumbent telcos (ILECs), enabling new companies (CLECs) customers will be valuable in helping establish the Packet ADM as an important metro transport platform for US carrier applications. Corrigent gained significant success selling service-aware transport equipment for packet centric applications like Triple Play, Carrier Ethernet and Multiservice offerings in Japan. North American service providers are also expanding these services, and in particular Triple-Play services. The Packet ADM enables these carriers to evolve their network to support packet-based services while reducing equipment costs and increasing revenue opportunities. "Warren brings to Corrigent unique relationships and knowledge of the US carrier market, and we are confident that he will prove instrumental in helping Corrigent to rapidly grow sales here in the US," said Ido Gur, Executive VP of Sales and Marketing for Corrigent. "I'm excited to join Corrigent at a time when the market for packet aware transport and the CM-100 Packet ADM is growing rapidly. US markets are going through a transition period with data and Triple Play services expected to become major service offerings. With the products and team Corrigent has, I'm confident we can have significant success in the US market," said Mr. Roddy. About Corrigent Corrigent Systems is a market leader in next generation metro transport systems. Designed to enable profitable delivery of voice, video and data for Triple Play, Carrier Ethernet and Multi-service offerings, Corrigent's focus is metro transport technology that maximizes revenue and profit for service providers. Used by carriers worldwide, the CM-100 line of Packet ADMs integrates the traffic management and control of RPR (Resilient Packet Ring) A packet-based protocol that provides fault tolerance and statistical multiplexing for the metropolitan and national SONET and Ethernet networks of the carriers. and MPLS (1) (MultiProtocol Lambda Switching) The earlier name for GMPLS. See GMPLS. (2) (MultiProtocol Label Switching) A standard from the IETF for including routing information in the packets of an IP network. and eliminates the need for multiple transport elements. The Packet ADM allows carrier to evolve their SONET/SDH networks with a standards based and interoperable product line that is optimized for today's service requirements. Orckit Communications (Nasdaq:ORCT) is the parent company of Corrigent Systems. For more information: http://www.corrigent.com. Corrigent Systems and CM-100 are registered trademarks of Corrigent Systems, Inc. All other Brands and products referenced herein are the trademarks or registered trademarks of their respective holders. Certain matters discussed in this release are forward-looking statements that involve risks and uncertainties. Readers are cautioned that forward-looking statements may differ significantly from actual future events or results. Corrigent assumes no obligation to update the information in this release. |
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