Wireless Industry Veteran Bret Sewell Joins Venturi Wireless as President and CEO; Former Vodafone and Ericsson Executive Tomas Isaksson Also Joins Venturi's Board of Directors.SUNNYVALE, Calif. -- Seventh graph, first sentence should read: Venturi venturi a tube with a decrease in the inside diameter that is used to increase the flow velocity of the fluid and thereby cause a pressure drop; used to measure the flow velocity (a venturimeter) or to draw another fluid into the stream. Wireless is the trusted leader... (sted Venture Wireless is the trusted leader... ). The corrected release reads: WIRELESS INDUSTRY VETERAN BRET SEWELL JOINS VENTURI WIRELESS AS 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. ; FORMER VODAFONE AND ERICSSON EXECUTIVE TOMAS TOMAS Tool for Operations Modeling and Analysis in Space TOMAS Testbed of Mobile Applications for Satellite Communications ISAKSSON ALSO JOINS VENTURI'S BOARD OF DIRECTORS Venturi Wireless, a global provider of 3G mobile optimization solutions, today announced that Bret Sewell has joined the company as president and CEO. Sewell will leverage more than 20 years of wireless industry and international management experience to strengthen Venturi's position as the leader in wireless data optimization solutions. In addition, Tomas Isaksson, former CEO and chairman of the management board at Vodafone Netherlands Vodafone Netherlands, part of the Vodafone Group is the third largest mobile phone company in the Netherlands, and was previously called Libertel. The mobile phone system uses GSM 900 and GSM 1800. It offers 2G GSM, 2,5G GPRS and 3G UMTS. , has joined Venturi's board of directors. "Venturi's optimization solutions are a critical component in helping wireless carriers drive the adoption of 3G mobile data services. Bret has a strong track record in building successful businesses around breakthrough technologies such as Venturi's. He brings a deep understanding of the carrier market and an international viewpoint International Viewpoint is the English-language edition of the monthly magazine of the reunified Fourth International. It focuses on translating articles into English written by socialists in other languages. Its ISSN is 0294-2925. ," said Alex Mendez, a member of Venturi's board and founder and general partner of Storm Ventures, an investor in Venturi. "We are also excited to have Tomas Isaksson join our board. He's a highly-respected leader in the European wireless community who will bring in-depth operator knowledge and experience as well as invaluable connections to the Venturi team." A veteran of both Fortune 500 and startup companies, Sewell previously served as president of SnapTrack, Inc., a $50 million company that created the high-precision location-based wireless services market. Sewell pioneered SnapTrack partnerships with DoCoMo, KDDI, Sprint, Verizon, Alltel, Bell Mobility, SK Telecom, KT Freetel, China Unicom China Unicom, full name China United Telecommunications Corporation, 中国联通, HKSE: 0762 NYSE: CHU, is a telecommunication operator in the People's Republic of China. 52. , and other carriers, as well as with wireless equipment manufacturers such as Motorola, Texas Instruments See TI. (company) Texas Instruments - (TI) A US electronics company. A TI engineer, Jack Kilby invented the integrated circuit in 1958. Three TI employees left the company in 1982 to start Compaq. , Samsung, LG, 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. , and Alcatel. He was instrumental in worldwide deployments that have resulted in more than 130 million SnapTrack-enabled wireless devices and supporting infrastructure. SnapTrack was acquired by Qualcomm for $1 billion in 2000. Earlier in his career, Sewell was the managing director of the Asia Pacific Divisions of Aspect Telecommunications and Octel Communications. He was president of Octel's Japanese subsidiary, which developed Octel's largest telecommunication carrier customer worldwide, J-Phone (now Vodafone K.K.). Sewell joins Venturi during a period of rapid growth. The company recently announced the expansion of its optimization solutions for the fast-growing multimedia handset market. "Venturi is delivering a unique solution that is fundamental to the success of 3G mobile data services," said Sewell. "For carriers to gain broad consumer acceptance of them, these services must be fast, reliable, and consistent. Carriers also need to have an attractive return on their 3G investments. Venturi's optimization solutions ensure the best possible subscriber experience while helping carriers maximize the return on their infrastructure investments. Venturi has the potential to be part of every wireless data subscriber's experience, and I look forward to expanding the global reach of our technology as more carriers and handset providers implement our solutions." New Venturi board member Isaksson, a 27-year veteran of the international telecommunications industry, spent 11 years at Vodafone, the world's leading mobile telecommunications company See telecom company. . Most recently, he was chief executive and chairman of the management board of Vodafone Netherlands, a subsidiary of the Vodafone Group. During his tenure at Vodafone, Isaksson was also chief executive of the Americas Region and president of Vodafone Global Platform and Internet Services, as well as the chief executive officer of Europolitan Holdings AB, a Swedish mobile operator. Prior to Vodafone, Isaksson spent 16 years at Ericsson, a world-leading provider of telecommunications equipment and related services to mobile and fixed-network operators, most recently as president and chief executive officer of Ericsson Radio Systems Inc. Isaksson has served on the board of directors of many companies, including Europolitan Holdings AB, 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. , and Telecel. About Venturi Wireless Venturi Wireless is the trusted leader in providing mobile broadband Description Mobile Broadband is a type of wireless internet access that differs from Wi-Fi. Mobile Broadband is the name used to describe the 3G services which are made possible by HSDPA and HSUPA, the latest technologies on the W-CDMA evolutionary path. optimization solutions to wireless carriers and enterprises worldwide. Venturi's patented carrier-grade solutions maximize network efficiency and deliver the most compelling mobile user experience available for both data and multimedia applications. Venturi Wireless has the largest active mobile broadband user base and offers unparalleled expertise in mobile broadband deployment. Venturi Wireless' tier-one mobile operators include Verizon Wireless, Zapp Mobile Zapp Mobile is the only CDMA2000 mobile phone operator in Romania, since the country's market leaders use GSM. Overall, Zapp is the fifth largest network operator in the country and the 4th mobile operator. , and WILLCOM (formerly DDI ddI and ddC: see AZT. Pocket). Venturi Wireless is headquartered in Sunnyvale, California, with offices in London; New Jersey; Tokyo; Washington, D.C.; and Beijing. Find more information on the Web at www.venturiwireless.com. Brands and products referenced herein are the trademarks or registered trademarks of their respective holders. |
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