WaveSmith Networks Expands Management Team

WaveSmith Networks announced several changes to its management team:

• Robert O'Neil joins as Vice President of Worldwide Sales. He previously served with Cascade Communications and Aptis Communications/Nortel Networks.



• Michael Regan joins the company as Vice President of Engineering. He previously served with Octave Communications, Unisphere Networks, Cascade Communications, Cabletron Systems, and was a co-founder of Castle Networks.



• Gregg Savage joins WaveSmith as Chief Financial Officer. He previously served with Appian Communications, New Oak Communications/Nortel Networks, and Wellfleet Communications.



• John Burnham has been named WaveSmith's Vice President of Marketing. Prior to WaveSmith, John was Vice President of Corporate Marketing for Unisphere Networks and held senior-level marketing positions at C-Port/Motorola, New Oak Communications/Nortel Networks, Digital Equipment Corporation, and Cabletron Systems.



• Company co-founder Robert Dalias will serve as an outside consultant to WaveSmith. He also remains as a member of WaveSmith's Board of Directors.


In addition, a number of the original management team members also remain with the company, including Pam Nelson, Vice President of Corporate Marketing, Bob Doucette, Vice President of Manufacturing, and Frank Fiorillo, Vice President of Customer Support.
http://www.wavesmithnetworks.com
• In November 2002, WaveSmith Networks named Thomas Burkardt as its new Chairman and CEO, succeeding founding President and CEO, Robert Dalias. Prior to joining WaveSmith, Burkardt was chief operating officer and executive vice president of Unisphere Networks, which was acquired by Juniper Networks. Before Unisphere, he was co-founder and president of Castle Networks, where he was instrumental in orchestrating the acquisition of the company by Siemens. Burkardt previously served as director of Cascade Communications' xDSL business unit, and created and managed Cabletron's IBM connectivity business unit.



• In October 2002, WaveSmith closed $30 million in third round financing for its DN multiservice switching product family. WaveSmith has raised $84.5 million to date. WaveSmith's DN multiservice platform combines ATM, Frame Relay, TDM/Circuit Emulation Services (TDM/CES) and IP/MPLS services in a compact form factor.