Dune Networks Appoints CFO In Company Expansion.SUNNYVALE, Calif. -- Dune Networks, a leading provider of next generation networking Next Generation Networking (NGN) is a broad term to describe some key architectural evolutions in telecommunication core and access networks that will be deployed over the next 5-10 years. devices for broadband networks You can assist by [ editing it] now. , including intelligent and scalable switching fabrics and distributed standards-compliant traffic management solutions, announced today that Mr. Ofer Aish, former CFO See Chief Financial Officer. of Teledata and Executive VP of Orbotech Inc., has joined the company as Chief Financial Officer. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Eyal Dagan, Dune's 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. , "Dune's technological success is proven by a customer base comprised of tens of Tier 1 customers who have already integrated and implemented our industry leading technologies into full production. As the company expands, we are happy to have Ofer on board to utilize his expertise and assist us in implementing new corporate financial reporting methods, while controlling and enhancing existing operations and quality procedures." With 10 years of financial and operations experience, Mr. Aish previously served as CFO for Teledata Networks, where he directed all of the company's financial activities, including fundraising, IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. strategy and implementation. Prior to that, he served as Executive VP for Orbotech Inc., managing all of company's financial, business and operational activities. Mr. Aish commented, "In the past year the company experienced major growth in all areas. Additionally, as of October 2006, revenues are already exceeding the year's projections. I'm happy to join Dune at this time, during this exciting period." ABOUT DUNE NETWORKS Dune Networks (www.dunenetworks.com) is a leading semiconductor provider of next generation networking devices for broadband networks. Dune's initial product line includes intelligent and scalable switching fabrics and distributed standards-compliant traffic management solutions. Dune Networks is headquartered in Sunnyvale, California, and has an R&D center in Yakum Industrial Park, Israel. |
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