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To: Pluvia who wrote (1638)	5/27/2004 6:10:27 PM
From: RockyBalboa	Read Replies (1) of 1766

4:09PM Terayon Comm CEO Zaki Rakib resigns (TERN) 3.04 -0.03: Co announced that Dr. Zaki Rakib has informed it of his decision to resign his position as CEO effective no later than 8/31. The Board has begun an internal and external search for a successor. Upon effectiveness of his resignation, Dr. Rakib will be appointed Chairman of the Board, replacing Shlomo Rakib in that capacity. Shlomo Rakib, currently Chairman, Pres and Chief Technology Officer, will remain President and CTO, and will continue to serve as a member of the Board.

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