Tellium Hires CFO to Help Guide Company in Private and Public Capital Markets
Wednesday October 27, 11:02 am Eastern Time
OCEANPORT, N.J.--(BUSINESS WIRE)--Oct. 27, 1999--Tellium, Inc., the only company currently shipping optical switches, today announced the appointment of Michael J. Losch as Chief Financial Officer.
In the CFO capacity, Losch becomes a key member of the executive team that will lead Tellium's expanding presence in both the private and public capital markets.
``I am delighted to announce the appointment of Michael as CFO,' said Richard Barcus, president of Tellium. ``Michael's experience in all areas of finance for telecommunications companies - at both the start-up and the billion dollar levels - will be a tremendous boon to Tellium as we enter this next critical phase in our growth.'
As CFO, Losch will be responsible for all of Tellium's finance and administrative functions, including accounting, financial planning, taxation, investor relations and human resources. Tellium has already received shipment orders for $250 million of the Aurora series of optical switches and restoration software.
Losch joins Tellium with more than 20 years of dedicated experience in the financial and telecommunications operations arena. Prior to joining Tellium, Losch was CFO and COO at IDF International, Inc. where he prepared and filed the company's first SEC filings.
Losch has also served as CFO in several other public and private telecommunications companies including Bell Atlantic-NJ and Bell Atlantic Investment Development Corporation. Losch received a B.S. in finance and an MBA from Lehigh University. He also undertook post-graduate work at the Wharton School of Business and Williams College.
About Tellium
Tellium designs and manufactures networking products that create intelligent optical networks. Today's public networks are struggling to support the explosion of bandwidth requirements for data services. Tellium products are used by large communications carriers to create a scalable optical network enabling reliable, fast, low cost delivery of data services.
Tellium's Aurora 32 Optical Switch was the first-to-market in the telecommunications industry. Aurora 32 with the larger Aurora 512, StarNet Restoration Software and the Gemini Element Management System are the cornerstone network elements of scalable, flexible optical networks. More information about Tellium can be found at tellium.com.
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