Zhone Technologies Establishes EMEA Operations and Appoints Cesare Sironi as Vice President and General Manager, EMEA.Business Editors/High Tech Writers OAKLAND, Calif.--(BUSINESS WIRE)--June 23, 2000 Next Generation Local Loop Equipment Manufacturer Provides Sales and Support to Service Providers in Europe, the Middle East and Africa Europe, the Middle East and Africa, usually abbreviated to EMEA, is a regional designation used for government, marketing and business purposes. It is particularly common amongst North American based companies, who often divide their international operations into the with Regional Offices in Milan, Frankfurt, Paris, Antwerp, and Dubai Zhone Technologies, Inc., the first company dedicated to providing total-delivery voice and data solutions for content service providers, today announced the establishment of its EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. operations with offices in Milan, Frankfurt, Paris, Antwerp and Dubai. The company will open additional offices in London and Madrid in the coming months. Industry notable Cesare Sironi has been appointed vice president and general manager for Europe, the Middle East and Africa (EMEA). Sironi is based at Zhone's EMEA headquarters in Milano, Italy. Zhone's arrival in EMEA coincides with the availability of high-speed (or "broadband") last mile connections to end-user premises in EMEA countries, which mark a turning point in these regions's telecommunications infrastructure. Broadband expansion in Digital Subscriber Line See DSL. (communications, protocol) Digital Subscriber Line - (DSL, or Digital Subscriber Loop, xDSL - see below) A family of digital telecommunications protocols designed to allow high speed data communication over the existing copper telephone lines between end-users and (DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary ) and Wireless Local Loop technologies is enabling carriers to offer a broader range of services beyond basic Internet connectivity and telephony in EMEA countries. The establishment of EMEA operations allows Zhone to work more effectively with service providers of all types. These include; Post Telegraph and Telecommunications (PTTs), New Carriers, Internet Service Providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. (ISPs), network wholesalers, cable TV operators, Global Satellite Mobile (GSM (Global System for Mobile Communications) A digital cellular phone technology based on TDMA that is the predominant system in Europe, but also used worldwide. Developed in the 1980s, GSM was first deployed in seven European countries in 1992. ) operators and utilities. "Zhone's technologies enable these providers to upgrade their access network and accommodate the growing needs for a unified and simpler Internet," said Cesare Sironi, "Being on the ground in EMEA countries clearly demonstrates our commitment to this market and to meeting the needs of EMEA customers." Zhone is investing significant resources in these regions, including local product specification and design facilities, development of EMEA centric interfaces, standards testing and customer leasing, financing and co-marketing facilities. The company intends to expand aggressively throughout the EMEA countries over the next 6 months, capitalizing on its existing relationships made through the purchase of Premisys Communications in December of 1999. Market Trends After several European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community (EU) rulings and regulatory debates in the major European countries, regional implementations of unbundling A regulatory requirement that enables a competing service provider to purchase parts of the incumbent local exchange carrier's network in order to provide service to its customers. See ILEC. in the local loop are available now or imminent in Germany, Austria, France, Italy, the Netherlands and most of the Scandinavian countries Noun 1. Scandinavian country - any one of the countries occupying Scandinavia Scandinavian nation European country, European nation - any one of the countries occupying the European continent . The United Kingdom, Spain, Greece and Switzerland are also on track to have unbundling completed by the end of year 2001. These changes will rapidly spread to the Middle East and Africa. The changes in the local loop create a unique opportunity for both PTTs and new operators. PTTs across the continent are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. ways to increase their service offerings and for equipment providers who will help them with faster deployment. Most major PTTs are now wholesaling DSL access to new operators and ISPs. Additionally, new operators are quickly starting to add voice to their internet service offering, and will soon be offering a complete range of broadband-based services, including multiple phone lines, corporate Virtual Private Networks (VPNs) with PBX-like voice features, broadband portals, broadcast video/radio and Pay-TV.(1) Zhone's primary business objective is to help both carriers and service providers capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. this growing market opportunity by delivering a seamless end-to-end system that will support converged service applications. "Broadband local loop technologies are enabling the convergence of telephony, internet, corporate networks, broadcast video and video on demand on a single access platform." said Lorenzo Micheletti, marketing manager for EMEA. "Zhone is here to provide EMEA carriers and service providers alike with this integrated "total delivery" infrastructure approach." Zhone's equipment, services and expertise are enabling service providers worldwide to deploy bundled services over a single broadband access See broadband and wireless broadband. infrastructure. The company's expertise in both voice and data provides carriers with a reliable partner to plan their next-generation access network infrastructure. Other senior EMEA management appointments: Maurice Abecassis, based in Paris, France, is appointed Territory Manager for France and Northern Africa Marco Grillo, based in Milan, Italy, is appointed Territory Manager for the Mediterranean Region (Italy, Iberia, Greece, Turkey, Israel) Hakim Alhusan, based in Dubai, UAE (Uninterruptible Application Error) The name given to a crash in Windows 3.0. In subsequent versions of Windows, a crash was called a "General Protection Fault," "Application Error" or "Illegal Operation." See crash in Windows and abend. , is appointed Territory Manager for the Middle East and Africa Dirk Heymans, based in Antwerp, Belgium, is appointed Director of European Network Consulting Lorenzo Micheletti, based in Milan, Italy, is appointed EMEA Marketing and Business Development manager About Zhone Technologies, Inc. Founded in September 1999 and based in Oakland, Calif., Zhone Technologies is a new breed of equipment provider with a new vision of product development, delivery, and support for telecommunications carriers worldwide. Starting with an unprecedented $500 million in funding, Zhone's strategy is to supply multi-million-user next-generation networks with a rich array of voice, video, Internet, and entertainment services cost effectively. The company was founded by the senior management team that grew telecommunications pioneer Ascend Communications, Inc., from its start-up roots to a multi-billion-dollar company that was acquired by Lucent Technologies (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 : LU) for in September 1999. Zhone's initial investors include Kohlberg Kravis Roberts Kohlberg Kravis Roberts & Co (commonly referred to as KKR) is a New York City-based private equity firm that focuses primarily on late-stage leveraged buyouts. It was founded in 1976 by Jerome Kohlberg, Jr., and cousins Henry Kravis and George R. & Co., Texas Pacific Group, and New Enterprise Associates. For more information about Zhone and its products, please visit the Zhone Web site at www.Zhone.com or e-mail info@Zhone.com. Zhone, the Zhone logo and all Zhone product names are trademarks of Zhone Technologies, Inc. Other brand and product names are trademarks of their respective holders. (1) Source: IDC Research - leading European data and telecommunications research institute |
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