David R. Van Valkenburg Named to Harmonic Board of Directors.Business Editors/High Tech Writers SUNNYVALE, Calif.--(BUSINESS WIRE)--Oct. 24, 2001 Harmonic Inc. (Nasdaq:HLIT) announced today that David R. Van Valkenburg, Chairman of Balfour Associates, has been named to the Company's Board of Directors. For nearly 30 years, Van Valkenburg has been an innovator in broadband, telecommunications, and Internet access See how to access the Internet. markets around the world. Van Valkenburg has held top leadership and key executive positions at trend-setting cable and communications service providers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Europe. His past experience includes: Chief Executive Officer for Telewest Communications, a leading broadband communications and media company in the U.K.; Executive Vice President of MediaOne Group MediaOne Group, Inc. was a media/cable TV company that was formed in 1995 as U S WEST Media Group. It was created to eliminate competition between U S WEST's telephone service and cable TV businesses. , Inc. located in Colorado; President of Multivision Cable TV Corp, headquartered in Greenwich, Connecticut Greenwich is a town in Fairfield County, Connecticut, United States. As of the 2000 census, the town had a total population of 61,101. It is home to many hedge funds and other financial service companies that have left Manhattan. Of the $1. ; and President of Cox Cable Communications, Inc. based in Atlanta, Georgia. Van Valkenburg is currently on the board of directors of several public and private companies -- such as MDSI MDSI Multiple (Destination) Digital Speech Interpolation MDSI Mobile Data Solutions Inc. MDSI Mountain Data Systems, Inc (Boise, Idaho) of British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography , Canada -- in addition to his current role as Chairman of Balfour Associates. "The convergence of the video, telephony, and Internet services is driving a new generation of service providers and service packages for both businesses and consumers. David is a true industry pioneer and visionary who has been instrumental in evolving the industry far beyond its traditional entertainment focus," said Anthony Ley, Chairman, President, and Chief Executive Officer of Harmonic. "We look forward to the benefit of his experience, knowledge, and counsel as Harmonic expands into new market segments and geographies." The Harvard University-educated Van Valkenburg was honored as a Member of the Cable TV Pioneers. He has served and continues to serve on the boards of directors for numerous non-profit organizations and cable industry associations in addition to the editorial boards of key industry publications. These include prestigious organizations such as the Walter Kaitz Foundation, Cable in the Classroom, the National Cable Television Association, the Cable Communications Association (U.K.), Cable and Telecommunications Association for Marketing (CTAM CTAM Cable and Telecommunications Association for Marketing CTAM Cable Television Administration and Marketing Society CTAM Centralized Tuition Assistance Management (Army education) CTAM Climb to and Maintain ) Publications, and International Cable magazine. Van Valkenburg succeeds Baryn Futa who is retiring from the Board. Futa has been affiliated with the Company for several years, first as a member of C-Cube Microsystems' Board, then as a Director of Harmonic through its acquisition of C-Cube's DiviCom Division. "We are very fortunate to have had Baryn on our Board. His guidance has been invaluable in the growth and development of our business," continued Ley. "We wish him the best of luck in his future pursuits." The other members of Harmonic's Board of Directors are E. Floyd Kvamme Earl Floyd Kvamme (born 1938) is an American engineer, venture capitalist, and government advisor. Early life The son of Norwegian immigrant parents, Kvamme grew up in Northern California graduating from Jefferson High School of Daly City in 1955. , David A. Lane, Barry D. Lemieux, Anthony J. Ley, and Michel L. Vaillaud. About Harmonic Inc. Harmonic is a leading provider of innovative broadband solutions that deliver video, voice and data to communications providers around the world. Harmonic's technically advanced fiber optic, digital video and IP data delivery systems enable network operators to provide a range of interactive and advanced digital services that include high-speed Internet See broadband. access, telephony, digital video, HDTV (High Definition TV) A set of digital television (DTV) standards that offer the highest resolution and sharpest picture. Although some HDTV sets are available in standard (rather square) screen sizes, the overwhelming majority of sets are wide screen, which eliminates , video & audio streaming See streaming audio. , and video-on-demand. Harmonic (Nasdaq:HLIT) is headquartered in Sunnyvale, California with R&D, sales, and system integration centers worldwide. The Company has customers in over 40 countries on six continents, including many of the world's largest communications providers. For more information, visit www.harmonicinc.com. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, statements regarding a new generation of service providers and service packages for both businesses and consumers as well as the anticipated benefits of Mr. Van Valkenburg's experience, knowledge, and counsel. These statements involve risks and uncertainties and actual results could differ materially from those projected in the forward-looking statements. For further cautions about the risks associated with investing in Harmonic, we refer you to the risk factors set forth in documents that Harmonic files periodically with the Securities and Exchange Commission, including reports on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and 10-Q. Editor's Note: Product and company names used here are trademarks or registered trademarks of their respective companies. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion