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David Laurello Joins Stratus Computer as Senior Vice President and Member of the Board of Directors.


Business/Technology Editors

MAYNARD, Mass.--(BUSINESS WIRE)--Feb. 17, 2000

Stratus Computer announced today that David J David J. Haskins (b. April 24, 1957, in Northampton, England) is a British alternative rock musician. He was the bassist for the seminal gothic rock band Bauhaus. Life and work . Laurello has been appointed senior vice president and general manager of Technology, Products &Operations, and elected to the company's Board of Directors. He reports to Stephen C. Kiely, 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 Stratus.

&uot;We are extremely pleased to have Dave join Stratus at this pivotal time in the company's development,&uot; said Mr. Kiely. &uot;As we move our unique technology into mainstream business computing, a seamless interface between technology alliances, engineering and manufacturing is essential to our successful growth. Dave's talents and management experience will serve the company well in bringing this about.&uot;

Mr. Laurello, 44, had been vice president of Hardware Engineering &Product Planning Product Planning is the ongoing process of identifying and articulating market requirements that define a product’s feature set. See also
  • Market requirement
  • Product management
  • Product Manager
 at Stratus prior to the company's acquisition by Ascend Communications in 1998. When Stratus' Enterprise Computer Division reemerged as a privately held company privately held company

A firm whose shares are held within a relatively small circle of owners and are not traded publicly.
 through a 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.  from Ascend in February 1999, Mr. Laurello stayed with Ascend as vice president of engineering of the Carrier Signaling &Management business unit. Subsequently, Ascend was acquired by Lucent Technologies, where Mr. Laurello served as vice president and general manager of the Converged Network Solutions business unit before rejoining Stratus.

Mr. Laurello has a BS degree in electrical engineering and an MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 from the University of Massachusetts The system includes UMass Amherst, UMass Boston, UMass Dartmouth (affiliated with Cape Cod Community College), UMass Lowell, and the UMass Medical School. It also has an online school called UMassOnline. . He is a resident of Westford, Massachusetts.

About Stratus Computer

Based in Maynard, MA, Stratus Computer offers the world's most proven range of continuously available computer platforms, application solutions, and professional services for mission-critical business operations. Stratus currently serves more than 700 customers worldwide focusing primarily on financial services, retail, travel, electronic commerce, healthcare, public safety and gaming industries. Many of Stratus' customers are highly visible industry leaders such as prominent U.S. securities firms, major credit card companies, the largest stock exchange in Asia, the largest options exchange in the world and 27 out of the world's 30 largest banks. For more information, visit the Stratus web site at: www.stratus.com.
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Publication:Business Wire
Date:Feb 17, 2000
Words:331
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