Openet Telecom Chairman Appointed, Underlining Continued Corporate Strengthening.Business Editors DUBLIN, Ireland & RESTON, Va.--(BUSINESS WIRE)--June 19, 2003 Openet Telecom Announces Appointment of Chairman, Gary Cuccio, Bringing Additional Capability to its Board. Openet Telecom, a world leader in real-time charging and convergent mediation, announces the appointment of Gary Cuccio as Chairman of the Board. Bringing exceptional industry leadership and experience, Cuccio's addition to the company continues Openet's ongoing strengthening of its Board and management team. John Rainger, 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. , commented "Openet Telecom continues to command market leadership in this dynamic market, as evidenced by our recent contract wins with companies such as Verizon Wireless Cellco Partnership, doing business as Verizon Wireless, owns and operates the second largest wireless telecommunications network in the United States, based on total wireless customers. . Gary brings a wealth of commercial and management experience that has already added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
Gary Cuccio states, "I am thrilled to be joining Openet's Board of Directors, especially at such an exciting time with the addition of Verizon Wireless to the customer list. Openet Telecom has quickly become the leader in convergent mediation, and I couldn't be happier to be a part of such a strong organization." Gary has been involved in the telecommunications industry for over thirty years, holding senior management and Board positions with world-leading corporations, both public and private, such as Pacific Bell, LHS (filename extension) lhs - The filename extension for literate Haskell source files. Group and Airtouch. He has extensive experience in managing rapid-growth telecommunications companies and in handling high-value international transactions. After graduating from CSULA CSULA California State University Los Angeles , he spent a long career with Pacific Bell, becoming Vice President and General Manager. Subsequently, Cuccio held COO, CEO or President roles with LHS Group, Belgacom Mobile, Airtouch Europe, Omnipoint Communications, Airtouch Paging, Phaeton Communications and Advanced TelCom Group. About Openet Telecom Openet Telecom is a world-leading provider of real-time revenue generating solutions that enable network operators to maximize the profitability of their network and services. Our products, FusionWorks ActiveCharge and FusionWorks Mediation enable network operators with diverse networks to easily implement, manage, charge and bill sophisticated services - leading to enhanced profitability and quality of service. Openet Telecom has signed customers that include BT Wholesale, Edge Wireless, Esat BT, Essent, First Mark, Macedonia Telecom, Orange Group, Rural Cellular, Tellas, Telecom Italia Mobile TIM (Telecom Italia Mobile) is Telecom Italia's mobile phone brand, and runs a GSM, EDGE, UMTS and HSDPA network in Italy and a GSM network with EDGE in Brazil. In Europe, TIM is part of the FreeMove alliance. TIM Peru was sold to América Móvil and rebranded Claro. , TMN (Telecommunications Management Network) A set of international standards for network management from the ITU. It is used by large carriers such as Sprint, Verizon and AT&T. (Portugal), Ventelo, Verizon Wireless and Wight wight 1 n. Obsolete A living being; a creature. [Middle English, from Old English wiht; see wekti- in Indo-European roots. Cable. For more information, visit us at http://www.openet-telecom.com |
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