Millennial Net, a start-up developing hardware and software for self-organizing, wireless sensor networks, named Andy May as its new CEO, replacing company co-founder Tod Riedel, who remains as VP of business development and marketing. May previously served as CEO of Paradyne Corporation, where he oversaw the company's leveraged buyout from AT&T in 1996 and its subsequent IPO in 1999. Previously, May also served as vice president and general manager of 3Com's Network Service Provider Division.Millennial Net recently launched the latest version...