Vixel Corporation Announces Appointment to its Board of Directors; New Board Member Brings 30 Years of Leadership Experience in Corporate Strategy And Driving Revenue Growth.Business Editors/High-Tech Writers BOTHELL, Wash.--(BUSINESS WIRE)--April 15, 2003 Vixel Corporation (Nasdaq:VIXL VIXL Video Cross Links VIXL Video Image Cross Link ), the leading provider of embedded Inserted into. See embedded system. storage switching products, announced today that Robert S. Messina has been appointed to the Vixel Board of Directors. Mr. Messina brings to Vixel's board more than three decades of leadership experience and a standout record of spearheading corporate growth, driving increased revenue and capitalizing on business opportunities. Vixel also announced the resignation of Werner Wolfen from the Vixel Board of Directors. Mr. Wolfen has served on Vixel's Board since 1998. "We are all very grateful to Werner Wolfen for his many contributions to Vixel as a member of our Board of Directors and wish him continued success in his endeavors," said Jim McCluney, Vixel's Chief Executive Officer and Chairman of the Board. "At the same time, we welcome Robert S. Messina to our Board. Mr. Messina is well known as a big-picture strategist with the proven ability to strengthen organizations, increase their competitive position and drive revenue growth. His addition will provide invaluable expertise as Vixel continues to accelerate its position as the leader in the embedded storage switch marketplace." Messina served as President and 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. of Troy Group, Inc., which develops and markets wireless and connectivity solutions and electronic payment systems. Troy Group's customers include IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Epson, State Farm Insurance and HP. Prior to his work at Troy Group, Messina held executive management positions at Telautograph Corporation, Monroe Systems for Business and AT&T Wireless Services. He holds a B.S. in business administration from Rider University Rider University is a private, coeducational, nonsectarian university located chiefly in Lawrenceville, New Jersey, in Mercer County. It consists of four academic units - the College of Business Administration, the College of Liberal Arts, Education and Sciences, the College of . "Under the direction of its executive team, Vixel has carved out a strong leadership position in the embedded storage switch market," said Messina. "I look forward to working with Vixel's talented team to further propel the Company's growth and to solidify its relationships with major storage system providers." About Vixel Corporation Vixel Corporation is the leading provider and innovator of embedded storage connectivity technologies for storage solution providers. Its award-winning technology, InSpeed(TM), cost-effectively enables new levels of reliability, scalability and performance in storage systems. Through innovation and partnership with its customers, Vixel advances leading edge embedded storage connectivity technologies that enable the architectural evolution of next generation storage systems. Vixel's embedded storage switching and storage networking products have been deployed by leading solution providers such as HP, Network Appliance (1) A specialized device for use on a network. For example, Web servers, cache servers and file servers can be implemented as general-purpose computers with the appropriate software or as network appliances, which are computers dedicated to a single function and cannot do anything , NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. , Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. , Avid Technologies and BlueArc. To find out more about Vixel and its unique technology offerings, visit www.vixel.com. Except for historical information contained herein, this news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are subject to risks and uncertainties that may cause actual results to differ materially from the results discussed in the forward-looking statements. Factors that may cause such a difference include risks affecting performance and market acceptance of Vixel's products, Vixel's ability to meet its quality and performance standards, the competitiveness and performance of Vixel's products in the rapidly changing storage market, and the ability of Vixel to meet evolving product standards and adopt new technologies required by customers and others involved in the storage industry. Further information on the factors and risks that could affect Vixel's business, financial condition and results of operations, are contained in Vixel's Annual Report 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. , which is available at www.sec.gov. |
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