Excel Switching Corporation Names Peter Lojko Vice President and General Manager of Wireline Strategic Business Unit.HYANNIS, Mass.--(BUSINESS WIRE)--Dec. 7, 1998--Excel Switching 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 :XLSW XLSW Excel Switching (former stock symbol; now delisted) ), a leading provider of open switching platforms for telecommunications networks worldwide, today announced its appointment of Peter M. Lojko as vice president and general manager for the company's Wireline Strategic Business Unit. In this position, Lojko will be responsible for marketing programs, sales, support, product development and management of Excel's switch solutions for the carrier market. "Peter's leadership capabilities and wide range of experience in the carrier market bring extraordinary value to an already strong management team," said Robert Madonna, 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 Excel. "Peter's experience will be a driving force in helping Excel continue to provide leading edge telephony solutions to the wireline industry." Lojko brings 20 years of telecom experience to Excel. Previously, he worked for NextWave Telecom, based in Billerica, Mass., where he held the position of vice president and general manager of the Northeast region. At NextWave Telecom, Lojko was responsible for the initial business development of a startup national PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. Carrier for the New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. region. He built a staff, architected the system buildout and performed sales and support efforts for New England resellers. Lojko has also served as vice president of operations for American Mobile Satellite Corporation and as the executive director of technical services for NYNEX NYNEX New York-New England & X for the Unknown (Telephone Company) NYNEX New York Network Exchange Mobile Communications. In addition, Lojko held senior management positions in operations and engineering at NYNEX, operating the networks in the greater Boston Greater Boston is the area of the Commonwealth of Massachusetts surrounding the city of Boston, Massachusetts. While Metro Boston tends to be the "Inner Core" surrounding the City of Boston, Greater Boston overlaps the North and South Shores, as well as the MetroWest region. area. He earned a bachelor's degree in electrical engineering electrical engineering: see engineering. electrical engineering Branch of engineering concerned with the practical applications of electricity in all its forms, including those of electronics. from the University of Lowell, and a master's degree in business administration from Suffolk University. About Excel Switching Corporation Excel Switching Corporation is a leading provider of open switching platforms for telecommunications networks worldwide. Excel develops, manufactures, markets and supports a family of open, programmable, carrier-class switches that address the complex enhanced services and wireless and wireline infrastructure needs of network providers. Excel's products are currently deployed in telecommunications networks in approximately 60 countries throughout the world. Visit Excel's website at http://www.xl.com. This release may contain statements which are "forward looking," and is subject to risks and uncertainties that could cause actual results to differ significantly from expectations. Factors that might cause such a difference include, but are not limited to, those relating to Excel's dependence on and concentration of relationships with application developers, original equipment manufacturers and systems integrators; possible delayed or lengthy sales cycles; risks associated with new product introductions; Excel's dependence on its proprietary rights; and other risks identified in the Company's Securities and Exchange Commission filings including those risks identified in the section entitled "Risk Factors" of the Company's Annual Report for the year ended December 27, 1997 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. , as amended. Product and service names used within are trademarks, registered trademarks and service marks of their respective owners. |
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