DSET Appoints John C. Thibault to Board of Directors.BRIDGEWATER, N.J.--(BUSINESS WIRE)--Aug. 11, 1998--DSET Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :DSET DSET Desert Sunshine Exposure Testing Inc. ) announced today the appointment of John C. Thibault to its Board of Directors. Mr. Thibault is President 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. of GEOTEL Communications Corporation, a leading provider of customer-interaction software solutions for mission-critical call center applications. "John has extensive experience managing high-growth companies," said Bill McHale DSET's president and CEO. "He has established GEOTEL as a leader in the worldwide telecommunications industry and has enjoyed a distinguished career in which his strong leadership skills have had a positive impact on the companies he has managed. His experience can only help to enhance DSET's position as a leader in the network management and OSS Oss (ôs), city (1994 pop. 62,141), North Brabant prov., S Netherlands; chartered 1399. It is a significant industrial center. Manufactures include meat products, chemicals, pharmaceuticals, electrical equipment, and metalware. interconnect market segments." Prior to joining GEOTEL, Mr. Thibault served as president and CEO of Coral Network Corp., a supplier of high-performance, fault-tolerant networking products. Previously, he was an officer of Motorola and senior vice president and general manager of Motorola's Codex codex Manuscript book, especially of Scripture, early literature, or ancient mythological or historical annals. The earliest type of manuscript in the form of a modern book (i.e. product division. Thibault was president and CEO of PBX (Private Branch eXchange) An inhouse telephone switching system that interconnects telephone extensions to each other as well as to the outside telephone network (PSTN). manufacturer Intecom, Inc., formerly a subsidiary of Wang Laboratories. Prior to his position at Intecom, he held several senior management positions over a 12-year period with Wang, including vice president of system product management. About DSET: DSET, founded in 1989, is a leading provider of standards-based application development tools, custom application development services, Local Number Portability "LNP" redirects here. For the airport in Virginia with that IATA code, see Lonesome Pine Airport. For the compound InP, see Indium phosphide. Local number portability, (LNP) for fixed lines, and full mobile number portability solutions and OSS Interconnect Gateway products to the telecommunications industry. The company's application development tools are used globally by network equipment manufacturers to build applications that manage network devices and provision new services such as voice, data and Internet access. The company's local number portability (LNP (Local Number Portability) The capability of keeping the same local telephone number when switching carriers. See NP and WLNP. ) and OSS interconnection solutions are used by carriers to facilitate the flow of information between carriers and their respective operational support systems (OSS's). DSET's Professional Services organization provides application development services for those customers without the internal resources to quickly build network management, number portability or OSS interconnection solutions. The company has offices in Bridgewater, NJ, Richardson, TX, Campbell and Fremont, CA, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. in Chengdu, China, and supports a network of distributors and strategic partners around the world. Except for historical and factual information contained herein, all other information set forth in this news release represents forward-looking statements, including all statements about DSET's plans, beliefs, estimates and expectations. These statements are based on current estimates and projections that involve certain risks and uncertainties and could cause actual results to differ materially from those in the forward-looking statements. Investors are encouraged to consider these risks and uncertainties which are discussed in documents filed by DSET with the Securities and Exchange Commission, including, without limitation, fluctuation of quarterly operating results, dependence on a rapidly evolving telecommunications industry, and dependence on the TMN (Telecommunications Management Network) A set of international standards for network management from the ITU. It is used by large carriers such as Sprint, Verizon and AT&T. industry standard. DSET undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise. Please visit our website at www.dset.com.
CONTACT: DSET Corp., Bridgewater
Investor Relations:
Paul Lipari, 908/526-7500 ext. 288
Public Relations:
Alan R. Ehrlich, 908/526-7500 ext.223
e-mail: aehrlich@dset.com
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