Entropic Appoints Paul J. Finke President and CEO.WASHINGTON--(BUSINESS WIRE)--Dec. 15, 1998--Entropic, Inc. announced the appointment of Paul J. Finke, 43, as president, chief executive officer and a member of the board of directors. Brian Corbett, acting 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. , will continue with the company as the chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. and a member of the board. Finke will be located in the Washington, D.C., office. "As one of the early Internet innovators, Paul has a track record of launching award-winning products in rapidly changing markets," said Hauser, chairman of Entropic. "His 20 years of management experience in high-technology ranging from startups to Fortune 500 companies makes Paul an outstanding choice to lead Entropic. Paul is a proven startup CEO; he knows what it takes to get Entropic to the next level." "For nearly 10 years, Entropic has been the supplier of choice for speech recognition and speech synthesis toolkits by academic and research labs all over the world," said Corbett. "The fact that many of the company's competitors have endorsed its technology by purchasing Entropic's products demonstrates the engineering team is top notch. Paul's experience as an entrepreneur leading a team of technical experts has been the missing ingredient for our long-term success." "The speech technology market today is very similar to the early commercial days of the Internet," said Finke. "Just as Microsoft's (Nasdaq:MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ) Windows and Netscape's (Nasdaq:NSCP NSCP National Schistosomiasis Control Program NSCP National Space Communications Program NSCP Native (Mode) Service Control Point (Tandem) ) Navigator converged to drive explosive Internet growth, state-of-the-art algorithms converging with Moore's law for Intel (Nasdaq:INTC INTC Intel (NASDAQ symbol) INTC Intercept INTC Interrupt Controller ) chips presents the same opportunity for speech. Entropic has the talent and technology to play a central role in this emerging market. I am delighted to have this unique opportunity and confident I can provide the leadership for Entropic to achieve its potential in the years ahead." Most recently, Finke was vice president and general manager of the IP Services Division of Bay Networks responsible for one of the four cornerstones of Bay's Adaptive Networking strategy. Nortel Networks (NYSE NYSE See: New York Stock Exchange :NT)(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :NTL NTL Nevertheless NTL National Transportation Library NTL Norsk Tjenestemannslag NTL National Training Laboratories NTL Never Too Late NTL Nothing to Lose NTL National Training Laboratory NTL None the Less NTL Number Theory Library ) acquired Bay Networks in August 1998. The IP Services charter included setting the company-wide strategy for voice over IP, virtual private networking, progressive traffic management/quality of service, directory, policy and the security initiatives. Finke had operating responsibilities for the Internet/Intranet CPE (Customer Premises Equipment) Communications equipment that resides on the customer's premises. CPE - Customer Premises Equipment and Applications Group in San Antonio, Texas “San Antonio” redirects here. For other uses, see San Antonio (disambiguation). San Antonio is the second most populous city in Texas, the third most populous metropolitan area in Texas, and is the seventh most populous city in the United States. As of the 2006 U.S. , the NetID Group in Ottawa, Canada, and the Signal Processing Group in Gaithersburg, Md. Finke joined Bay Networks as the president and CEO of Performance Technology, Inc. which was acquired by Bay Networks in March 1995. From 1993 to 1995, Finke led the development and launch of Instant Internet, a plug-and-play device to connect Microsoft and Novell (Nasdaq:NOVL NOVL Novell, Inc. (stock abbreviation, AMEX) ) local area networks to the Internet. Over the last five years, Instant Internet has earned "best in class" status by winning more industry awards than any other product in its category. Prior to Performance Technology, Finke was a consultant and served in a number of startup management positions focused on telephony, video conferencing and communications. Finke began his career as a software engineer at Texas Instruments (NYSE:TXN). Finke earned a B.S. degree in computer science from Purdue University in 1977 and received his M.S. in Industrial Administration from the Krannert Graduate School of Management in 1980. About Entropic Entropic's mission is to provide the most natural and effective "over the telephone" speech dialog systems in the world. The company delivers speech recognition and synthesis components and applications to a wide range of developer and interactive voice response providers. With more than 900 customers world-wide, Entropic is a leader in developing and marketing advanced speech recognition and synthesis software toolkits to academic and research labs. The company has engineering design centers in Washington D.C., and Cambridge UK. Entropic is a registered trademark of Entropic, Inc. Instant Internet and Bay Networks are registered trademarks of Nortel Networks. All other trademarks are the property of their respective owners. |
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