Avici Systems Names Bill Ingram To Board of Directors
N. Billerica, MA, November 12, 2003 -- Avici Systems Inc. (Nasdaq: AVCI), today announced that Bill Ingram would be joining Avici’s Board of Directors, effective immediately.
Mr. Ingram is currently serving as the President and CEO of Nuera Communications, a provider of Voice-over-Internet Protocol (VoIP) infrastructure solutions. Prior to Nuera, Mr. Ingram was the Chief Operating Officer of PCSI-Clarity Products Division, President of Ivie Industries, a computer security and hardware manufacturer, and President of KevTon, an electronics manufacturing company. Mr. Ingram received his Bachelor of Arts degree from Stanford University and his M.B.A. degree from the Harvard Business School.
“I am delighted and privileged to join the Avici board of directors,” said Bill Ingram. “I look forward to being a part of its continued success.”
“We are pleased to bring Bill Ingram on as the newest member of the Avici Systems board of directors,” said Surya Panditi, Avici’s Chairman. “Bill’s extensive experience in building successful companies, his global insight and diverse perspective make him an invaluable addition to the Avici board.”
About Avici Systems
Avici Systems Inc., headquartered in North Billerica, Mass., is a leading
provider of purpose-built carrier-class routing solutions for the Internet.
Avici’s family of routers is designed to meet carrier requirements
for the highest scalability, reliability and network availability,
while lowering the total cost of building and operating their networks.
The company's routing systems provide new IP solutions to some of the
world’s leading service providers. For more information, please visit
us at www.avici.com.
This release contains information about Avici's future expectations, plans, and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated. When used in this press release, the word "will", "expected" and other similar expressions are intended to identify such forward looking statements. Such risks and uncertainties include, but are not limited to, market acceptance of Avici products, services and enhancements, customer purchasing patterns and commitments, development of the market place, timely product development and enhancement, intensity of competition of other vendors, technological changes and other risks set forth in Avici's filings with the Securities and Exchange Commission.
| For more information contact: |
||
| Inna Vyadro Director of Investor Relations Avici Systems 978-964-2000 ivyadro@avici.com |
Paul Brauneis Chief Financial Officer Avici Systems 978-964-2000 pbrauneis@avici.com |