Netopia Appoints Howard Slayen to Netopia Board of Directors.Business Editors/High-Tech Writers EMERYVILLE, Calif.--(BUSINESS WIRE)--April 29, 2003 Retired PricewaterhouseCoopers Partner Has Extensive Experience Advising High Technology and Telecommunications Companies Netopia, Inc. (Nasdaq:NTPA NTPA National Tractor Pull Association NTPA New Trades Processing Architecture NTPA Naval Technical Proficiency Assist ), a market leader in broadband gateways and service delivery software, today announced that Howard T. Slayen has been appointed to serve on the Netopia Board of Directors and the Audit Committee, effective immediately. Mr. Slayen retired from PricewaterhouseCoopers in 1999, and serves on the boards and advises a number of high tech companies, both public and private. He is a director and chairman of the audit committee of Lantronix, Inc., a NASDAQ-listed company, and also serves on the board of several early stage and well-established private companies. At the time of his retirement, Mr. Slayen served as a corporate finance partner in the San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden and San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. offices of PricewaterhouseCoopers. He previously served as partner in charge of the Financial Advisory Services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal practice for the Western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century and as tax partner in charge for the San Francisco, San Jose San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , and Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the offices of the legacy firm of Coopers & Lybrand. During his thirty-one year career at PricewaterhouseCoopers, he advised large private equity firms and assisted audit clients with tax and merger and acquisition matters. Mr. Slayen also served on the National Mergers and Acquisitions Steering Committee steer·ing committee n. A committee that sets agendas and schedules of business, as for a legislative body or other assemblage. steering committee Noun , High Technology Industry Group, and Venture Capital Industry Steering Group for Coopers and Lybrand. "I worked with Netopia prior to my retirement from PricewaterhouseCoopers and developed a very high regard for the people and the technology. Netopia has a great reputation as a leader in the broadband equipment market. I look forward to being part of the Netopia Board as Netopia continues to expand its product offerings and relationships with major carriers," said Mr. Slayen. "Howard Slayen's broad experience throughout his career advising institutional investors as well as leading telecommunications equipment companies makes him a tremendous addition to Netopia's Board, and we look forward to having the benefit of his experience," said Alan Lefkof, Netopia's 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. . About Netopia Netopia, Inc. develops, markets and supports broadband equipment, software and services that simplify and enhance the delivery of broadband services to residential and business-class customers. Netopia's offerings enable carriers and broadband service providers to improve their profitability with feature-rich modems, routers and gateways, software that manages to the edge of the network to reduce costs, and value-added services to enhance revenue generation. Netopia's broadband equipment is interoperable with all major central office equipment suppliers, including Alcatel, Cisco, Copper Mountain Networks, Ericsson, Lucent Technologies, Nokia, Paradyne, Siemens, and Zhone Technologies. Netopia has established strategic distribution relationships with leading carriers and broadband service providers including BellSouth, Covad Communications, EarthLink, France Telecom, Hong Kong Telecom/PCCW, MegaPath Networks, Netifice, SBC (1) (SBC Communications Inc., San Antonio, TX, www.sbc.com) A large, national telecommunications company that grew from a multitude of local and regional companies, including Southwestern Bell, Pacific Bell and Nevada Bell, into a single, unified brand by 2002. Communications, Swisscom, Telecom Italia and Verizon. Netopia's service delivery platform includes the netOctopus(R) suite of gateway and PC management and customer support software solutions, and the Web eCommerce server software. netOctopus server software products enable remote support and centralized management of installed broadband gateways and end devices, allowing carriers and broadband service providers to "manage to the edge" of the network. netOctopus Desktop Support and eCare software enable broadband service providers and enterprises to support customers by remotely viewing and operating the customer's desktop computer. Headquartered in Emeryville, Calif., Netopia's common stock trades on The Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. (R) under the symbol "NTPA." Further information about Netopia can be obtained via phone 510-420-7400, fax 510-420-7601, or on the Web at www.netopia.com. Note to Editors: All company names, brand names and product names are trademarks of their respective holder(s). |
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